Intimation of submission of application for reclassification from Promoter Category to Public Category
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Awaiting price reaction for this filing.
Unijolly Investments Company Ltd has submitted an application to BSE for reclassifying certain shareholders (Outgoing Promoters) from the 'Promoter' category to the 'Public' category. The Board of Directors had already approved this reclassification on May 22, 2026, following a request letter received from the outgoing promoters on May 15, 2026. The company has filed the formal application with BSE on May 26, 2026, under Regulation 31A of SEBI Listing Regulations. This is a procedural update confirming the submission of the reclassification application to the stock exchange.
This is a procedural/regulatory filing and not a material business event. If approved by BSE, promoter shareholding will be reclassified as public shareholding, which may slightly change how the stock is perceived by investors tracking promoter vs. non-promoter holdings.