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Rathi Steel and Power board approves DBG Leasing’s shareholding reclassification
28-Sep-2026, 07:53

Rathi Steel and Power Limited said its board approved a request from DBG Leasing and Housing Limited, an outgoing promoter, to reclassify its shareholding from the ‘Promoter & Promoter Group’ category to the ‘Public’ category, according to a regulatory filing on September 28, 2026. The reclassification is subject to approval from the stock exchange, shareholders, and other necessary approvals, and follows DBG Leasing and Housing Limited undergoing a Corporate Insolvency Resolution Process and being taken over by new management.