Standard Capital Markets has informed that the Promoters and their shareholding has been changed (Promoter to Public) between seller Manohar Lal Vij, Madhu Vij & Anil Arora. In view of the above, following individuals have ceased to be Promoters/Promoters Group of the Company as define in SEBI (Issue of Capital and Disclosure requirements) regulations, 2015: Manohar Lal Vij; Madhu Vij; and Anil Arora. This information is provided to the exchange under Regulation 30 of SEBI (Issue of Capital and Disclosure requirements) regulations, 2015. The delay in providing this disclosure has occurred due to inadvertence and without any malafide intention.
The above information is a part of company’s filings submitted to BSE.