Arur Footwear board rejected reclassification requests from ExpertPro and AMS, citing SEBI regulatio Back
<p>Arur Footwear Limited, formerly known as S R Industries Limited, announced that its board deferred requests from ExpertPro Realty Private Limited and AMS Infrastructure Private Limited to be reclassified from Promoter/Promoter Group to Public category, citing non-fulfillment of conditions under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. ExpertPro Realty currently holds approximately 5% of the company's total voting rights, while AMS Infrastructure Private Limited holds approximately 9%, and the company’s public shareholding is approximately 5%, with trading in the company's equity shares remaining suspended on the BSE Limited.</p>