Pee Cee Cosma Sope Ltd Reports Change in Nominee Shareholders of Subsidiary India Trading Infra Limited
Pee Cee Cosma Sope Ltd announced an administrative change concerning the nominee shareholders of its wholly-owned subsidiary, India Trading Infra Limited. The update follows a meeting of the company's Executive Committee of the Board of Directors, held on May 9, 2026.During the meeting, the Board of Directors confirmed the change in nominee status for the subsidiary. The updated details of the nominees are as follows:
| Sno | Name of Outgoing Nominee | No. of Shares Held | Name of Incoming Nominee | No. Held |
|---|---|---|---|---|
| I | Mayank Jain | 1 Equity share of Rs. 10 each | Prabhav Jain | 1 Equity share of Rs. 10 each |
The company emphasized that this transition is purely administrative in nature.
Pee Cee Cosma Sope Ltd provided specific clarifications regarding the subsidiary's ownership and control structure following the change. The company confirmed that there is no change in the beneficial ownership of India Trading Infra Limited, and the subsidiary continues to remain a wholly-owned subsidiary of the company. Furthermore, the company confirmed that the change does not result in any change in control or shareholding pattern of the subsidiary.
Stock Price Movement
Pee Cee Cosma Sope Ltd shares settled at ₹336.65 on Friday, marking a 1.28% drop for the day. The equity fluctuated throughout the session, finding support at ₹336.00 while hitting a peak of ₹348.50.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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