Abhishek Infraventures Ltd Receives No-Objection for Promoter Reclassification
Abhishek Infraventures Ltd has received no-objection from BSE Limited regarding the reclassification of several promoter shareholders. This change transitions the status of key individuals from the 'Promoter/Promoter Group' category to the 'Public' shareholder category of the company.The no-objection was issued by BSE Limited on June 1, 2026. The reclassification pertains to three individuals: Mr. K G Madhusudhana, Mrs. M Lakshmi Madhu, and Mr. Vidya Rajesh.
This transition modifies the ownership classification of the listed entity, moving the specified individuals from the promoter group status to that of a general public shareholder.
The following table details the individuals and their resulting change in classification:
| Individual Name | Former Status | New Status |
|---|---|---|
| KG Madhusudhana | Promoter Group | Public Shareholder |
| M Lakshmi Madhu | Promoter Group | Public Shareholder |
| Vidya Rajesh | Promoter Group | Public Shareholder |
The acquisition of this no-objection confirms the reclassification for the mentioned individuals in the company's shareholder records.
Stock Price Movement
Abhishek Infraventures Ltd. settled at ₹8.97 on Monday, climbing 4.91% for the session. Throughout the trading day, the shares remained completely flat, holding steady across the full ₹8.97 intraday range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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