Please find our letter dated May 22, 2026 stating Intimation of submission of Application for Reclassification of Promoters under Regulation 31A of the SEBI (LODR) Regulations, 2015.
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Utique Enterprises has submitted an application to BSE for reclassifying two entities - Honcho Trading Private Limited and Chivas Trading Private Limited - from the Promoter Category to the Public Category. Both entities held zero equity shares as on the date of the application (August 22, 2025). This reclassification is being sought under Regulation 31A of SEBI (LODR) Regulations, 2015. The company has informed the exchange of this regulatory compliance action. The letter is dated May 22, 2026, indicating a delay between the application date and the intimation date.
This is a routine regulatory housekeeping filing with no immediate impact on the company's shareholding structure since the outgoing promoters already held zero shares. It removes entities with no stake from the promoter list for compliance purposes.