Hem Holdings & Trading Ltd

📊 Sim Prabha Estates Seeks Reclassification from Promoter Group to Public

• Sim Prabha Estates & Trading Co. Pvt. Ltd. has applied for reclassification from 'Promoter Group' to 'Public' under SEBI Regulation 31A.

• The company currently holds 0 shares (0% voting rights) in HEM Holdings and Trading Limited.

• The applicant confirms no control over company affairs, no special rights, and no board representation.

• Undertaking provided to comply with SEBI conditions for three years post-reclassification, including not acting as Key Managerial Personnel.

• The applicant is not a wilful defaulter or fugitive economic offender per RBI guidelines.

• HEM Holdings has acknowledged the request and will undertake necessary compliance procedures.