StockWatch
·
Hotels & Resorts
Promoter Reclassification20 Aug 2026, 12:20 pm

Ventive Hospitality Seeks Promoter Reclassification Approval

AI Summary

Ventive Hospitality Ltd has submitted an application to BSE and NSE for the reclassification of a promoter group entity from 'Promoter Group' to 'Public' category. This follows an earlier intimation on May 12, 2026, where the Board of Directors approved such reclassification requests. The company is seeking no-objection or approval from the stock exchanges under Regulation 31A(8)(c) of SEBI LODR. This move is a procedural step in line with SEBI regulations concerning changes in promoter status.

Key Highlights

  • Company applied for promoter reclassification to public category.
  • Application submitted to BSE and NSE on May 16, 2026.
  • Follows Board approval for reclassification requests.
  • Action taken under SEBI LODR Regulation 31A(8)(c).