Ruchi Infrastructure Ltd. Receives Approval for Promoter Reclassification

Indore, February 5, 2025 – Ruchi Infrastructure Ltd. (BSE: RUCHINFRA, NSE: RUCHINFRA) announced today that it has received approvals from BSE Limited and the National Stock Exchange of India Limited (NSE) for the reclassification of Patanjali Foods Limited from a Promoter Group entity to a Public Category shareholder under Regulation 31A of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Details of the Reclassification​

• The company had applied for reclassification on October 1, 2024.
• The approvals were granted on February 4, 2025 by both stock exchanges.
• Patanjali Foods Limited, which held 9.24% of the company’s shares, has been moved to the Public Category.

Impact on Shareholding Structure​

The reclassification has altered the promoter and public shareholding composition of Ruchi Infrastructure Ltd.:
This move has reduced promoter shareholding by 2,18,08,795 shares (9.24%), increasing the proportion of public shareholding in the company.

Regulatory Compliance & Next Steps​

The approvals from BSE and NSE confirm compliance with SEBI’s reclassification guidelines. As per regulatory requirements, Ruchi Infrastructure Ltd. is expected to disclose this reclassification event as a material development to stock exchanges.

Strategic Implications​

• Increased Market Liquidity: A higher public shareholding percentage could enhance trading liquidity.
• Corporate Governance Standards: The reclassification aligns with SEBI norms and showcases transparency in shareholding structures.
• Potential Strategic Changes: The move might indicate evolving strategic interests between Ruchi Infrastructure Ltd. and Patanjali Foods Ltd..

Company Statement​

The company secretary, Ashish Mehta, confirmed the receipt of approvals and stated that the necessary disclosures have been made in compliance with SEBI regulations.
For further details, investors can contact the company through:

• Email: [email protected]
• Contact: (+91) 9755097315, 0731-4755207

This reclassification marks a significant restructuring of Ruchi Infrastructure Ltd.’s ownership profile and could have long-term implications for its corporate strategy and investor engagement.