Shoppers Stop Limited Receives Requests for Promoters' Reclassification to Public Shareholder Category
Shoppers Stop Limited announced on May 11, 2026, that it received requests from certain entities currently classified as part of the Promoter Group, seeking to reclassify their holdings to the 'Public Shareholder' category.The requests were received from two entities: Sycamore Properties Private Limited and Content Properties Private Limited.
The data detailing the outgoing promoters and their current shareholding stands as follows:
| Outgoing Promoter | No. of shares held | % of shareholding |
|---|---|---|
| Sycamore Properties Private Limited | 0 | 0.00% |
| Content Properties Private Limited | 0 | 0.00% |
The company noted that the requests for reclassification are subject to consideration and approval by the Board of Directors of Shoppers Stop Limited.
SHOPERSTOP Stock Price Movement
Shares of Shoppers Stop Limited today slipped by 3.35% to settle at ₹348.45. Trading volume for the day reached 95,123 shares, contributing to the notable decline in the consumer retail stocks.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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