The Company has received approval for reclassification of the promoters from BSE Limited and the National Stock Exchange of India Limited. Details as per attached letter.
Awaiting price reaction for this filing.
Univa Foods Limited has received approval from both BSE (letter dated July 10, 2025) and NSE (letter dated July 10, 2025) to reclassify 7 persons/entities from the 'Promoter/Promoter Group' category to the 'Public' category under SEBI Regulation 31A. The outgoing promoters include Darshana Thacker, Mihir Thacker, Mahendra Thacker, Maunik Thacker, Haseena Shaik, Suresh Tangella, and Crystal Commagri Vitran Private Limited. Notably, all 7 outgoing promoters already hold 0 shares in the company, so the reclassification is procedural rather than involving any actual transfer of shares. As a result, Univa Foods now has zero promoter holding and is 100% publicly held (1,43,22,800 shares), which was effectively the case even before the reclassification. The original application for this reclassification was filed back on November 6, 2024.
This is largely a technical/formal announcement since the outgoing promoters already held zero shares — there is no actual change in shareholding pattern. The company is now officially promoter-less with 100% public ownership, which may be viewed as neutral for the stock with no immediate price impact expected.