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Navkar Corporation Announces Promoter Reclassification

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Navkar Corporation Announces Promoter Reclassification

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Navkar Corporation Ltd ( (IN:NAVKARCORP) ) has issued an announcement.

Navkar Corporation Limited has announced a reclassification of certain entities from the ‘Promoter and Promoter Group’ category to the ‘Public’ category as per SEBI regulations. This decision follows the demise of Late Sairabai J Mehta, whose name has been withdrawn from the reclassification application. The change reflects the completion of the transmission process of her shares, impacting the company’s shareholder structure.

More about Navkar Corporation Ltd

YTD Price Performance: -37.39%

Average Trading Volume: 54,239

Current Market Cap: 13.97B INR

For detailed information about NAVKARCORP stock, go to TipRanks’ Stock Analysis page.

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