BSECompany Update22h ago · 21 Jul 2026, 06:50 pm
Please find enclosed the intimation of receipt of request for reclassification of certain members from "Promoter Group" Category to "Public".
Geojit Financial Services Ltd · 532285
✦ AI SummaryPromoter Reclassif.
Geojit Financial Services Ltd has received requests from certain members of the Promoter Group to be reclassified 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 Concern3/10
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Liquidity Impact8/10
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Geojit Financial Services Ltd - 532285 - Reclassification Of Certain Members From ''Promoter Group'' Category To ''Public'' Category
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21.07.2026
To, To,
The Manager, The Manager,
Listing Department, Listing Department,
National Stock Exchange of India Ltd, BSE Limited,
'Exchange Plaza’, C-1, Block - G, Phiroze Jeejeebhoy Towers,
Bandra - Kurla Complex, Dalal Street,
Bandra (E), Mumbai-400 051. Mumbai - 400 001,
Ph. No. 022 26598100 Ph. No. 022 22721233
Scrip Code: GEOJITFSL - EQ Scrip Code: 532285
Dear Sir/Madam,
Sub: Intimation of Receipt of Request for Reclassification of certain members from
‘Promoter Group’ Category to ‘Public’ Category under Regulation 31A of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
We wish to inform the Exchanges that pursuant to the provisions of Regulation 31A of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”) (as amended from time to time), the Company has, on 21st July 2026, received
the request letters from the following members of the Promoter Group (“outgoing members
of the Promoter Group” or “applicants”), seeking reclassification from the ‘Promoter Group’
category to the ‘Public’ category:
Sl. Name of Outgoing Member of No. of Shares as Percentage of
No. Promoter Group on June 30, 2026 Shareholding
1. Eldho Abraham 45,569 0.0163
2. Sara Macheril George 40,000 0.0143
3. Binoy Abraham 30,971 0.0111
4. Emali Rajan 29,166 0.0104
5. Joel Lazar 28,749 0.0103
6. Jerin Lazar 24,318 0.0087
7. Sally Sampath 5,900 0.0021
8. Susan Raju 3,500 0.0013
9. Lazar M A 0 0
10. S aramma Thomas 0 0
TOTAL 2,08,173 0.0745
The Outgoing Members of the Promoter Group have confirmed that they satisfy all the
conditions prescribed under Regulation 31A(3)(b)(i) to (vii) of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended from time to time. They have
further confirmed that they are financially and operationally independent of Mr. C. J. George,
Promoter and do not have any direct or indirect business association or common commercial
interest with him, including through any entity that is under common control or influence.
Further, the aggregate shareholding of the Outgoing Members of the Promoter Group
constitutes only 0.0745% of the total paid-up equity share capital of the Company as on June
30, 2026, while the continuing promoters collectively hold 38.41% of the total shareholding.
Consequently, the proposed reclassification will not result in any change in the control and
management of the Company.
The aforesaid requests for reclassification shall be placed before the Board of Directors of the
Company at its ensuing meeting scheduled to be held on July 22, 2026, for consideration, in
accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015. The proposed reclassification shall be subject to the approval of the Board
of Directors, the shareholders of the Company, and the Stock Exchanges, as may be required
under the applicable regulatory framework.
Kindly take the above intimation on records.
Thanking you,
For Geojit Financial Services Limited
Liju K Johnson
Company Secretary