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Bohra Industries: Mark AB Capital Becomes Promoter; Krishna Agarwal Reclassified to Public
Bohra Industries has announced a formal change in its promoter structure following the completion of an open offer by Mark AB Capital Private Limited. Krishna Agarwal, holding 10,98,239 shares (4.73% stake), has been reclassified from the 'Promoter' category to 'Public' category. Mark AB Capital is now officially recognized as the new promoter of the company. This transition follows the open offer completed on August 13, 2025, and adheres to SEBI's regulatory requirements for reclassification.
Key Highlights
Mark AB Capital Private Limited is now the official Promoter of Bohra Industries following an Open Offer.
Krishna Agarwal reclassified to Public category with a 4.73% stake (10,98,239 shares).
The reclassification is effective immediately as per SEBI Regulation 31A(10).
The outgoing promoter will have no board representation or KMP roles for at least three years.
Company confirms compliance with Minimum Public Shareholding (MPS) requirements.
💼 Action for Investors
Investors should monitor the new promoter's strategic plans and any potential changes in the company's operational management. The formalization of this leadership shift may lead to new growth initiatives or structural changes.