Description

Shareholding pattern filing for Modis Navnirman Limited (Scrip Code: 543539) dated November 7, 2025, in connection with its migration from BSE SME to BSE Mainboard.

Summary

Modis Navnirman Limited (Scrip Code: 543539, ISIN: INE0L0L01012) has filed its shareholding pattern under Regulation 31(1)(a) dated November 7, 2025, as part of its pre-listing requirements for migration from BSE SME Platform to BSE Mainboard Platform. The company has total equity shares of 19,591,200, with promoter holding at 63.79% and public shareholding at 36.21%. The company is not listed on NSE or MSEI.

Key Points

  • Total 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 shareholders: 1,005 (5 promoters, 1,000 public)
  • All shares held in dematerialized form
  • Listing date: November 7, 2025
  • Company classified as SME migrating to Mainboard
  • No partly paid-up shares, convertible securities, warrants, or ESOPs outstanding
  • No depository receipts issued
  • No differential voting rights
  • No significant beneficial owners

Regulatory Changes

This filing marks the transition of Modis Navnirman Limited from BSE SME Platform to BSE Mainboard Platform, representing an upgrade in listing status. The company must comply with mainboard listing regulations going forward.

Compliance Requirements

  • Filed under Regulation 31(1)(a) for pre-listing shareholding disclosure
  • Locked-in shares: 480,000 promoter shares (3.84% of total holding)
  • Public shareholders hold 20,000 locked-in shares (0.28%)
  • Total locked-in shares: 500,000 (2.55% of total shares)
  • No pledged shares or non-disposal undertakings reported
  • Company is not a Public Sector Undertaking (PSU)

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

The migration from SME to Mainboard platform enhances the company’s visibility and credibility in capital markets. This upgrade typically results in:

  • Improved liquidity and trading volumes
  • Access to wider investor base including institutional investors
  • Enhanced regulatory scrutiny and disclosure requirements
  • Potential inclusion in broader market indices
  • Better price discovery mechanisms

The concentrated promoter holding of 63.79% indicates strong management control, while the 36.21% public float meets mainboard listing requirements. The presence of 1,000 public shareholders demonstrates reasonable distribution. The 2.55% locked-in shares provide some stability during the transition period.

Impact Justification

Company migration from SME to Mainboard represents significant corporate development affecting trading and investor access, with updated shareholding disclosure.