NSEGeneral Updates4d ago · 30 Jul 2026, 05:17 pm
General Updates
Aakash Exploration Services Limited · AAKASH
✦ AI SummaryPromoter Reclassif.
Aakash Exploration Services Limited has received an application from Deval Energy Resources Private Limited to reclassify from the 'Promoter Group' category to the 'Public' category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Governance Concern1/10
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Full Announcement
Intimation regarding receipt of application for reclassification of Promoter Group Entity to Public Category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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AAKASH EXPLORATION SERVICES LIMITED
CIN: L23209GJ2007PLC049792
Regd. Off: 1105 to 1108, Anam - 2, Bopal, Ambali, Ahmedabad – 380058
Web: www.aakashexploration.com
Email: cs@aakashexploration.com; Phone No: 02717-452987
Date: 30/07/2026
The National Stock Exchange of India Limited
Exchange Plaza,
Plot No., C/1, G·Block,
Bandra-Kurla Complex,
Bandra (E), Mumbai - 400 051
SCRIP CODE: AAKASH
Sub: Intimation regarding receipt of application for reclassification of Promoter Group
Entity to Public Category under Regulation 31A of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 31A read with Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended ("SEBI (LODR) Regulations,
2015"), we wish to inform you that the Company has received an application dated July 30,
2026 from M/s. Deval Energy Resources Private Limited, presently classified as a Promoter
Group Entity of the Company, seeking its reclassification from the "Promoter Group"
category to the "Public" category under Regulation 31A of the SEBI (LODR) Regulations,
2015.
We further wish to inform you that M/s. Deval Energy Resources Private Limited holds NIL
equity shares in the Company as on the date of the application.
The said application shall be placed before the Board of Directors of the Company for its
consideration. Subject to the approval of the Board of Directors and compliance with the
applicable provisions of Regulation 31A of the SEBI (LODR) Regulations, 2015, the Company
shall submit the requisite application to the Stock Exchange for seeking approval for the
proposed reclassification.
This disclosure is being made in compliance with Regulation 31A(8) of the SEBI (LODR)
Regulations, 2015.
A copy of the application received from M/s. Deval Energy Resources Private Limited is
enclosed herewith.
Kindly take the above information on your record.
Thanking you,
For, AAKASH EXPLORATION SERVICES LIMITED
HEMANG N HARIA
WHOLE TIME DIRECTOR & CFO
DIN: 01690627
S!r bject !o A11 meda bad Juriqd!q_tipn
BfTSI RfirSuRSXr tryr" [Tt]*
CnCRGT
CIN No.: ULL2OOGJ20LOPTCO62945
L€OI, ISESil PLAflIt{Uh'I, NEAE BOPAL CROSS XOAD, I}ASXROI, AH!'EDABAD .380{}58. GUJA*AT, IilBTA.
{fr}: S825046163. E.mait lD: d€v.hn*rgy@gftail.ccm, deyalanergy@yahoa.ssnr
Date:301A7D026
The Board of Directors
Aakash Exploration Services Limited
1105 to 1108, Anam - Z,Bopal,
Ambali,
Ahmedabad - 380058
Subject: Application for Reclassi{ication from "Promoter Group" Category to "Public"
Category under Regulation 31A of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/trzladatn,
We, Deval Energy Resources Private Limited ("Applicant"), are presently classihed as a
Promoter Group Entity oi Aakash Expioration Services Limited. We turther confirm that the
Applicant does not hold any equity shares c,r voting rights (NIL sharehoiding) in Aakash
Exploration Services Limited as on the date of this application.
Pursuant to Regulation 3iA of the SEBI (Listing Obligations and Disclosure Requirements)
Reguiations,20i5, as amended from time to time, we hereby request the Company to initiate
the process for reciassification of the Applicant from the "Promoter Group" category to the
"Pubiic" category. Since the Applioant has Ni[- shareholcling in the Company and does not
exeroise any control or influence over the management or atlairs of the Company, it satisfies
the eligibility conditions prescribed under Regulation 31A of the SEBI (Listing Obligations
anci Disclosure Requirements) Reguiations. 20i5 for sucir reciassification.
In support of this application, we hereby conlirm and undertake that:
1. The Applicant does not exercise any c:ontrol, directi-v or indirectly, over the aifairs or
management of the Compan1,.
The Applicant is not represented on the Board of Directors of the Compan.v and does
not have any special rights through tormai or intbrmal arrangements, including any
sharehoider agreements.
The Applicant does not act as a key managerial person of the Company.
The Applicant does not hold more than ten per cent of the total voting rights in the
Companv. either directly or indirectiy- and complies u,ith the sharehoiding threshold
prescribed under Regulation 314 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 20 1 5.
T'he Applicant does not have any special information rights and has no influence over
the management or policy decisions of the Company.
The Applicant satishes all the conditions prescribed under Regulation 3 iA olthe SEBI
(Listing Obligations and Disclosure Requirements) Regulations. 2015 fbr
reclassiflcation lrom the Promoter Group category to the Public category.
SUbjeqt to_ Ahmed4bqd Jurisdiction
I}CYfiI CNT|*GY NCfOTTil{}CT FYT. lTT}"
CIN No.: UL,.2OOGJ2O1OPTCO52945
I.-$01, iSCON' PLATI'.IUM, NEAR BOPAL CROSS ROAD. OASKROI. AH'!IEDABAD . f,80058 GUJARAT. INOIA.
(M'!: 98250{61$3. E-nrail lO: deval€ne.gy@gmail.com. devalenergylo-yahoq.com
7. 'l'he Applicant undertakes to comply with ail applicabie provisions of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations,20i5 and any other applicable
laws in relation to the proposed reclassit-rcation.
In view of the above, we request the Board of Directors of the Company to consider this
application and, subject to applicable approvals, approve the proposai for reclassification of
Deval Energy Resources Private Limited fiom the Promoter Group category to the Public
uutcgory. a^--rI ru,.-a^l--K g i-lIll t Irtrctrss41) sttrps. :l i-l-{l---l:l,u- ulilg ,r--!^1l-:,4- \l!lg a(! a--,p-ll-L-erl^i-r cartut! !.u -ul--r c c.---\ tou-lK
Exchange(s). fbr obtaining their approval.
We shail provide such adciitionai information. cleclarations, confirmations or documents as may
be requireei by the Conipany. the Stock Erchange(s), or any regulatory authority in connection
with this application.
Tiranking you.
Yours faithfully,
For DevaI Energy Resources Private Limited
Pratik Haria
DIN:03306482
Designation: Director