Laser Power & Infra has announced the submission of application for Re-classification from Promoter and Promoter Group Category…
Laser Power & Infra (NSE: LASERPOWER) said it has announced the submission of application for Re-classification from Promoter and Promoter Group Category to Public category. The company is valued at about ₹3,683 crore.
What happened
Laser Power & Infra (NSE: LASERPOWER) informed the stock exchanges on 28 September 2026 at 04:34 PM that it has announced the submission of application for Re-classification from Promoter and Promoter Group Category to Public category.
Company snapshot
Laser Power & Infra is a small-cap company, with a market value of about ₹3,683 crore.
The stock last traded at ₹262.4, against a 52-week range of ₹250–₹343.5 (23.6% below the high).
Before this filing the shares had moved −14.9% over the month. Average daily turnover over the last 20 sessions was about ₹19.28 crore.
Promoters held 75.30% at the end of Q2 FY27. Foreign institutions owned 2.09% and domestic institutions 10.26%.
What history shows
BCEIE's records show 1 previous corporate update filing from the company since May 2026.
Past reactions describe what happened before; they are not a forecast.
Market reaction so far
Since the filing, the stock has fallen 3.6%, from ₹272.1 before the disclosure to ₹262.4 (last close).
In the news
Recent coverage elsewhere (links open the original publisher):
- Laser Power & Infra Ltd Share Price Today,, LASERPOWER Share Price NSE, BSE
- Laser Power & Infra Secures In-Principle Approval for 40-Acre Land in West Bengal
- Laser Power & Infra Secures In-Principle Approval for 40-Acre Land Allotment in West Bengal
- Laser Power & Infra receives request for promoter reclassification
- Laser Power & Infra CS resigns; two entities exit promoter group
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.