
Pranik Logistics Limited Reclassifies Director as Promoter
Kolkata – Pranik Logistics Limited announced on March 26, 2026, that its Board of Directors has reclassified Mr. Nikunj Sonthalia as a ‘Promoter’ of the company, effective immediately. The decision was made at a board meeting held on March 25, 2026.According to the company, the reclassification reflects Mr. Sonthalia’s significant influence over the company's strategic and policy decisions, working in coordination with existing promoters. His responsibilities include high-level management oversight and long-term business planning.
Mr. Sonthalia, who currently serves as a Whole-time Director (Professional Category), will now be identified as a member of the ‘Promoter’ category. The change does not involve any transfer of shares, and Mr. Sonthalia currently holds zero equity shares in the company. The updated shareholding pattern will be filed in accordance with SEBI regulations.
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.