This is to inform you that the Company is in receipt of request letters dated January 19, 2025 under Regulation 31A of Listing Regulations from the persons classified under Promoter / Promoter Group category who are seeking reclassification from Promoter / Promoter Group to Public category
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UFO Moviez India Limited has received request letters dated January 19, 2025 from certain persons belonging to the Promoter/Promoter Group category. These individuals are seeking reclassification from the 'Promoter/Promoter Group' category to the 'Public' category under Regulation 31A of the Listing Regulations. The company has informed the stock exchanges about receiving these requests. No details on the number of requestors or the extent of shareholding involved have been disclosed in this filing.
Reclassification requests, once approved by the stock exchanges, can reduce the promoter group's effective shareholding weightage and may be viewed as a mild negative signal regarding promoter confidence, though it does not necessarily involve any actual share sale at this stage.