Ventive Hospitality Limited has informed the Exchange about approval of board of directors for reclassification of promoters under regulation 31A

Ventive Hospitality's Board of Directors has approved requests from 11 members of the Promoter and Promoter Group to be reclassified as Public shareholders. The entities include various private limited companies and LLPs such as Le-Style Enterprise Private Limited, Pune Express Infrastructure Private Limited, and others. Importantly, none of these entities currently hold any Equity Shares in the Company. The reclassification is subject to approval from BSE and NSE (No Objection Certificates), and must also be ratified by shareholders at the ensuing Annual General Meeting.