Promoter Reclassification2 Jun 2026, 01:04 pm
Utique Enterprises Gets BSE Approval for Promoter Reclassification
AI Summary
Utique Enterprises Ltd has received approval from BSE Limited for the reclassification of its outgoing promoters, Honcho Trading Private Limited and Chivas Trading Private Limited, from the 'Promoter and Promoter Group' category to the 'Public' category. This approval follows the company's application submitted on August 22, 2025, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- BSE approved the reclassification of Honcho Trading and Chivas Trading as public shareholders.
- The reclassification process complies with Regulation 31A of SEBI (LODR) Regulations, 2015.
- The outgoing promoters will no longer be classified under the 'Promoter and Promoter Group' category.
- The company must ensure compliance with all subsequent disclosure requirements regarding this change.
Price Impact
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