Dalmia Bharat receives exchange approval for shareholder reclassification

Dalmia Bharat Limited announced that it has received approval from both the National Stock Exchange of India and BSE for the reclassification of certain shareholders from the ‘Promoter and Promoter Group’ category to the ‘Public’ category, effective July 7, 2025. The reclassification follows an application submitted by the company on May 17, 2024, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shareholders being reclassified include RHI Magnesita India Refractories Limited (formerly known as Dalmia OCL Limited) and Dalmia GSB Refractories GmbH. According to the announcement, the pre-reclassification promoter holding was 10,47,31,548 shares (55.84%), while the public holding was 8,28,33,613 (44.16%). Following the reclassification, the promoter and public holdings remain unchanged.