UFO Moviez India Limited has announced a postal ballot seeking shareholder approval for the reclassification of certain promoter and promoter group members to public category. The company issued the notice on March 12, 2026, following regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reclassification Details

The postal ballot proposes to reclassify the following shareholders from promoter/promoter group to public category:

The reclassification request was submitted on January 19, 2026, under Regulation 31A of the Listing Regulations. The proposed shareholders seeking reclassification have confirmed compliance with all conditions specified in sub-clauses (i) to (vii) of clause (b) of sub-regulation (3) of Regulation 31A.

Regulatory Approvals and Timeline

The company's Board of Directors approved the reclassification proposal at their meeting held on January 29, 2026. Subsequently, UFO Moviez obtained No-Objection Certificates from both Bombay Stock Exchange and National Stock Exchange of India on March 4, 2026.

E-Voting Process

The postal ballot will be conducted exclusively through remote e-voting via NSDL's platform. Eligible shareholders as of the cut-off date March 13, 2026, can participate in the voting process. The company has engaged National Securities Depository Limited to provide the remote e-voting facility.

Shareholders holding securities in demat mode with NSDL or CDSL can access the e-voting platform through their respective depository accounts. Those holding physical shares will receive login credentials via registered email addresses. The voting process requires shareholders to log in to the NSDL e-voting website using their designated User IDs and passwords.

Compliance and Conditions

The shareholders seeking reclassification have provided confirmations regarding several regulatory requirements. They have confirmed that they collectively hold less than ten percent of total voting rights, do not exercise control over company affairs, and have no special rights through formal or informal arrangements. Additionally, they are not represented on the board of directors and do not serve as key managerial personnel.

The reclassifying shareholders have also confirmed they are not wilful defaulters as per Reserve Bank of India guidelines and are not fugitive economic offenders. Post-reclassification, they have committed to continue complying with applicable requirements under Regulation 31A of the Listing Regulations.

Additional Information

The postal ballot notice is available on the company's website at www.ufomoviez.com and on the websites of BSE and NSE. Shareholders can access detailed voting instructions and frequently asked questions on NSDL's e-voting portal at www.evoting.nsdl.com . For technical support and queries, shareholders can contact the company's registrar KFin Technologies Limited or NSDL's helpdesk services.

UFO Moviez India Limited has successfully obtained regulatory approval from stock exchanges for a significant change in its shareholding structure. The company received no-objection letters from both BSE Limited and National Stock Exchange of India Limited on March 04, 2026, approving the reclassification of two key promoter entities.

Regulatory Approval Details

The stock exchanges granted approval for the reclassification request originally submitted on January 30, 2026. The approval process was conducted under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the reclassification of promoters and promoter groups.

Entities Being Reclassified

Two entities are transitioning from their current promoter status to public category shareholders:

Exchange Communications

Both stock exchanges issued formal no-objection letters confirming their approval. BSE Limited's approval was communicated through reference number LIST/COMP/HG/728/2025-26, while NSE's approval carried reference number NSE/LIST/COMP/UFO/556/2025-2026. The exchanges emphasized the company's responsibility to ensure compliance with subsequent relevant disclosures related to this reclassification.

Compliance Requirements

The stock exchanges have mandated that UFO Moviez India Limited must ensure compliance with all subsequent relevant disclosures of material events related to this reclassification. This includes adherence to the applicable provisions of Regulation 31A of SEBI LODR Regulations, 2015, ensuring transparency in the transition process.

Corporate Disclosure

The company made this disclosure through its Company Secretary, Kavita Thadeshwar, in accordance with Regulation 31A(8)(d) of the SEBI LODR Regulations. The formal communication was digitally signed and submitted to both exchanges, completing the regulatory notification process for this significant corporate restructuring.