Dalmia Bharat to reclassify Birla Tyres shareholding status
Dalmia Bharat Limited announced that it has received a request from Birla Tyres Limited, a former subsidiary now wholly owned by Himadri Speciality Chemical Limited (HSCL), for re-classification of its shareholding status. Birla Tyres is requesting to be re-categorized from "Promoter and Promoter Group" to "Public," effective April 1, 2025. This request stems from a change in the ownership structure of Birla Tyres following a resolution plan, share conversions, and the transfer of equity stakes to HSCL. Post-conversion and transfer, DBRL's holding in Birla Tyres reduced to 0.00%. Dalmia Bharat will consider the re-classification request at its next board meeting in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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