Addictive Learning Technology Submits Application for Promoter Reclassification of Mr. Sudeep Deb

Addictive Learning Technology Submits Application for Promoter Reclassification of Mr. Sudeep Deb

Addictive Learning Technology Submits Application for Promoter Reclassification of Mr. Sudeep Deb​

Addictive Learning Technology Limited has submitted an application concerning the reclassification of Mr. Sudeep Deb, moving him from the 'Promoter Group' category to 'Public'.

The submission follows suggestions received from the National Stock Exchange regarding this specific reclassification request.

According to company records, the Board of Directors has not approved the suggested reclassification of Mr. Sudeep Deb. Furthermore, management stated that the reclassification request does not meet the requirements outlined under Regulation 31A(3)(b).

Despite these internal conditions, Addictive Learning Technology Limited has proceeded with the submission of the application related to the promoter status update.

ADDICTIVE Stock Price Movement​

On Tuesday, shares of Addictive Learning Technology Limited shed value, settling at ₹40.2 after slipping 4.07%. The stock completed trading with a total traded volume of 8,000 shares.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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