StockWatch
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Other Financial Services
Promoter Reclassification2 Jun 2026, 12:02 pm

Unijolly Investments Files Application for Promoter Reclassification

AI Summary

Unijolly Investments Company Ltd has formally submitted an application to BSE Limited on May 26, 2026, to reclassify its outgoing promoters from the 'Promoter' category to the 'Public' category. This action follows the approval granted by the Board of Directors on May 22, 2026, and is in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Company submitted formal reclassification application to BSE on May 26, 2026.
  • Board of Directors previously approved the reclassification request on May 22, 2026.
  • Process follows Regulation 31A of SEBI Listing Regulations for promoter category change.
  • Outgoing promoters will transition from 'Promoter' to 'Public' shareholder status upon regulatory approval.