International Conveyors Ltd

Two Promoters Seek Reclassification to Public Category at International Conveyors 📄

- International Conveyors Limited received requests from two promoters, Ms. Smiti Somany and Ms. Pushpa Bagla, for reclassification from 'Promoter and Promoter Group' to 'Public' category.

- The requests were dated August 14, 2026, and were placed before the Company's Board of Directors on the same date.

- Ms. Pushpa Bagla holds 31,359 equity shares, representing 0.05% of the shareholding.

- Ms. Smiti Somany holds 7,90,000 equity shares, representing 1.24% of the shareholding.

- The promoters stated they are not associated with the company's business, have no influence over policy decisions, and are not involved in day-to-day activities or control.

- The promoters provided undertakings confirming they satisfy conditions under SEBI LODR Regulation 31A(3)(b), including holding less than 10% voting rights and not having board representation or special rights.

- The reclassification is subject to continued compliance with SEBI regulations, with certain conditions to be maintained for at least three years post-reclassification.