Laser Power & Infra: Receipt of Approval for Reclassification of Promoter Group
Laser Power & Infra (LASERPOWER) filed a disclosure titled "Receipt of Approval for Reclassification of Promoter Group". The company is valued at about ₹2,980 crore.
What happened
Laser Power & Infra (LASERPOWER) filed a disclosure with the exchanges on 13 November 2026 at 11:35 AM titled "Receipt of Approval for Reclassification of Promoter Group".
Company snapshot
Laser Power & Infra is a small-cap company, with a market value of about ₹2,980 crore.
The stock last traded at ₹212.3, against a 52-week range of ₹197.5–₹343.5 (38.2% below the high).
Before this filing the shares had moved −14.7% over the month and −20.6% over three months. Average daily turnover over the last 20 sessions was about ₹14.75 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 has no earlier approval filing from this company on record since May 2026.
Market-wide, 1,624 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.