14-Oct-2026 16:00:34
RELIABLE VENTURES : OUTGOING PROMOTERS RECLASSIFIED TO PUBLIC CATEGORY
• Incoming promoters Chennupati Sarath Kumar, Sivanag Vasireddy and Ancla Technology Solutions India Pvt Ltd to acquire 59,55,815 equity shares or 54.08% of the company under SPA dated June 2, 2026 • 59,54,012 sale shares transferred off-market between September 1 and September 7, 2026; 1,803 shares pending transfer with the depository participant • Outgoing promoters now hold no equity shares and have ceased control; reclassification effective September 7, 2026 • Incoming promoters classified as promoters; control was acquired on July 15, 2026 with appointment of their nominees to the board • Outgoing promoters confirmed holding not more than 10% voting rights, no board representation and no key managerial personnel role Impact: Neutral (Administrative promoter reclassification after a completed change of control; no deal value or financial terms disclosed)
Reliable Ventures India Ltd
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