Re-Classification from ''Promoter and Promoter Group'' Category to Public Category
VENTIVE · price
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Ventive Hospitality Ltd's Board of Directors has approved requests from 11 entities belonging to the Promoter and Promoter Group to be re-classified into the Public category. The entities include various private limited companies and LLPs such as Le-Style Enterprise Private Limited, Pune Express Infrastructure Private Limited, and A2G Realty LLP, among others. Critically, the filing explicitly states that none of these 11 entities hold any Equity Shares of the Company. This re-classification is subject to receiving No Objection Certificates from BSE and NSE, as well as approval from shareholders at the ensuing Annual General Meeting. The board meeting was held on May 12, 2026, and concluded at 6:40 PM.
This re-classification has minimal immediate impact on shareholding structure since the 11 entities do not hold any shares. It represents an administrative cleanup of the company's promoter category and will reduce the number of entities listed under Promoter and Promoter Group, potentially making the company's shareholding pattern cleaner for investors.