Please find attached our letter dated July 10, 2025 seeking reclassification under Regulation 31A of SEBI (LODR), 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Utique Enterprises has received requests from two promoters — Honcho Trading Private Limited and Chivas Trading Private Limited — seeking reclassification from the 'Promoter/Promoter Group' category to the 'Public' category under Regulation 31A of SEBI's Listing Regulations. Notably, both entities already hold zero equity shares as of the date of the application (July 9, 2025). The Board of Directors will evaluate these requests in its next meeting. This is a procedural housekeeping step, as the applicants no longer hold any stake in the company.
This filing is largely administrative and unlikely to materially affect the stock price, since the requesting promoters already hold no shares. Investors should await the Board's decision and any updated shareholding pattern that follows.