Description

Shareholding pattern filing for Modis Navnirman Limited in connection with its migration from BSE SME platform to BSE Mainboard, showing promoter holding of 63.79% and public shareholding of 36.21%.

Summary

Modis Navnirman Limited (Scrip Code: 543539, ISIN: INE0L0L01012) has filed its shareholding pattern under Regulation 31(1)(a) dated November 7, 2025, in connection with the migration of its equity shares from BSE SME Platform to BSE Mainboard Platform. The company has a total of 19,591,200 fully paid-up equity shares with promoter and promoter group holding 63.79% and public shareholders holding 36.21%.

Key Points

  • Total issued equity shares: 19,591,200 (fully paid-up)
  • Promoter & Promoter Group holding: 12,498,000 shares (63.79%)
  • Public shareholding: 7,093,200 shares (36.21%)
  • Total number of shareholders: 1,005 (5 promoters, 1,000 public)
  • All shares held in dematerialized form
  • Listing date: November 7, 2025
  • Company is not a Public Sector Undertaking (PSU)
  • NSE Symbol: MODIS (not yet listed on NSE)
  • No partly paid-up shares, convertible securities, warrants, or ESOPs outstanding
  • No depository receipts issued against shares
  • Locked-in shares: 500,000 shares (2.55% of total)
    • Promoter group: 480,000 shares (3.84% of promoter holding)
    • Public: 20,000 shares (0.28% of public holding)
  • No shares pledged or under non-disposal undertaking
  • No equity shares with differential voting rights
  • No significant beneficial owners

Regulatory Changes

The migration from SME platform to Mainboard platform represents a regulatory upgrade requiring the company to comply with mainboard listing requirements, including enhanced disclosure norms, corporate governance standards, and minimum public shareholding requirements.

Compliance Requirements

  • Filing of shareholding pattern under Regulation 31(1)(a) of SEBI Listing Regulations
  • Maintenance of minimum public shareholding of 25% (currently at 36.21%, compliant)
  • Adherence to mainboard listing agreement and continuous disclosure obligations
  • Enhanced corporate governance and reporting standards applicable to mainboard companies
  • Compliance with lock-in requirements for promoter and public shares as per migration norms

Important Dates

  • Report Date/Quarter Ended: November 7, 2025
  • Listing Date on BSE Mainboard: November 7, 2025
  • Shareholding Pattern Filing Date: November 13, 2025

Impact Assessment

For the Company:

  • Enhanced visibility and credibility from mainboard listing
  • Access to wider investor base and improved liquidity
  • Potential for better valuations and fundraising opportunities
  • Increased regulatory and compliance obligations

For Investors:

  • Improved liquidity and trading volumes expected on mainboard platform
  • Enhanced investor protection through stricter mainboard regulations
  • Lock-in period applies to 2.55% of shares (500,000 shares)
  • Better price discovery mechanism on mainboard platform

Market Impact:

  • Limited broader market impact as this is company-specific corporate action
  • Demonstrates growth trajectory of SME companies graduating to mainboard
  • May attract institutional investor interest post-migration

Impact Justification

Migration from SME to mainboard is significant for the company and its shareholders, indicating growth and expanded investor base, but has limited broader market impact