Please find our letter dated May 22, 2026 to BSE Limited stating disclosure under Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Utique Enterprises Limited has filed an application with BSE Limited for reclassification of promoters under SEBI Regulation 31A. This filing relates to certain entities seeking to be reclassified out of the promoter category, which changes how their holdings are disclosed and treated under listing regulations. The company has formally informed the exchange about this regulatory application. This is a disclosure-only filing and does not involve any actual share transfer or transaction at this stage. The reclassification process is governed by SEBI guidelines and requires exchange approval.
If approved, the reclassification would change how the entities are treated in shareholding disclosures, potentially affecting promoter group holding calculations. This does not immediately impact shareholding percentages but signals a structural change in how major shareholders are categorized.