Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Intimation Of Dissolution Of Alok Praful Shah (HUF)

Summary by 6ix AI

Surat Trade & Mercantile Limited has filed a disclosure regarding the dissolution of Alok Praful Shah (HUF), a promoter of the company, which holds equity shares in the company. The filing states that the shares held by Alok Praful Shah (HUF) will be transferred to a recipient as per the dissolution deed, resulting in a change in promoter classification. Upon completion of the transfer, Alok Praful Shah (HUF) will no longer be classified as a promoter, and the new recipient will take on that role according to SEBI regulations.

Written by 6ix AI from the company’s filing. How 6ix writes summaries