Sudarshan Chemical Industries Limited has announced the reclassification of shareholding of certain members from the “Promoter/Promoter Group” category to the “Public” category, effective September 9, 2025. This decision follows the approval of an ordinary resolution passed via postal ballot on September 6, 2025, by the members of the company.
The reclassification has been implemented in the depository system and confirmed by MUFG Intime India Private Limited, the Registrar and Share Transfer Agent (RTA) of the company. Consequently, the shareholding of the applicants now stands reclassified to “Public” category shareholders.
The updated shareholding pattern, including the list of current promoters and promoter group members after the reclassification, has been submitted in Annexure B.
The list of applicants whose shareholding has been reclassified is as follows:
| Sr. No. | Name of the Applicants | No. of Equity Shares (Face Value Rs. 2/- each) | Percentage of shareholding/ voting rights |
|---|---|---|---|
| 1 | Mr. Pradeep Ramwilas Rathi | 34,24,740 | 4.36% |
| 2 | Mr. Rahul Pradeep Rathi | 30,23,859 | 3.85% |
| 3 | Mrs. Subhadra Pradeep Rathi | Nil | Nil |
| Total | 64,48,599 | 8.21% |
The shareholding pattern of the company, including the list of current Promoter and Promoter Group entities after effecting the reclassification is as under:
| Sr. No. | Name of the Member of Promoter/ Promoter Group | Number of shares held | Percentage of shareholding |
|---|---|---|---|
| 1. | Ajay Balkrishna Rathi | 0 | 0.00 |
| 2. | Ajoy Balkrishna Rathi (HUF)(Karta- Ajay Balkrishna Rathi) | 0 | 0.00 |
| 3. | Manan Ajay Rathi | 5,27,900 | 0.67 |
| 4. | Nisha Ajay Rathi | 0 | 0.00 |
| 5. | Rajesh Balkrishna Rathi | 40,50,359 | 5.15 |
| 6. | Rajesh Balkrishna Rathi (HUF)(Karta - Rajesh Balkrishna Rathi) | 1,77,425 | 0.23 |
| 7. | Rachna Rajesh Rathi | 14,120 | 0.02 |
| 8. | Kusum Balkrishna Rathi | 0 | 0.00 |
| 9. | Balkrishna Jagannath Rathi (HUF)(Karta - Ajay Balkrishna Rathi) | 0 | 0.00 |
| 10. | Balkrishna Rathi Finance Private Limited | 4,62,550 | 0.59 |
| 11. | Sow Rachna Rathi Family Trust(Trustees - Rajesh Balkrishna Rathi and Rachna Rajesh Rathi) | 12,08,250 | 1.54 |
| 12. | Shri Balkrishna Rathi Family Trust(Trustees - Rajesh Balkrishna Rathi and Ajay Balkrishna Rathi) | 0 | 0.00 |
| Total | 64,40,604 | 8.19 |
Mandar Velankar, General Counsel and Company Secretary, confirmed the compliance with Regulation 31A(3)(a)(vii) of the SEBI Listing Regulations, 2015.
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