Promoter Reclassification15 May 2026, 11:34 am
Unijolly: Promoter Group Seeks Reclassification to Public
AI Summary
Unijolly Investments Company Ltd has received a request from individuals within the promoter category to be reclassified as public shareholders, in accordance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The outgoing promoters, including K Vidya Devi, Rajendra Prasad Challa, Soumya Challa, Jagadish Prasad Kanuri, Shantha Prasad Challa, K. Harishchandra Prasad and K Rama Krishna Prasad, collectively hold zero shares in the company. The re-classification is subject to the approval of the Board of Directors and BSE Limited.
Key Highlights
- Unijolly Investments receives request for promoter reclassification to public category.
- Outgoing promoters collectively hold zero shares in the company.
- Reclassification is subject to board and BSE approval.
- Request aligns with SEBI LODR Regulations, 2015.
- Promoters confirm compliance with reclassification conditions.
Price Impact
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