Unijolly Investments Approves Promoter Reclassification

Unijolly Investments Co Limited has approved the reclassification of outgoing promoters from the “Promoter Group” to the “Public” category. The Board of Directors, which met on May 22, 2026, approved the request pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board confirmed that the outgoing promoters, along with their immediate relatives, do not hold more than ten percent of the total voting rights of the company or exercise control over its affairs.

Financial Performance

The company reported a total revenue of ₹1.886 million for the financial year ended March 31, 2026, compared to ₹1.907 million in the previous year. For the quarter ended March 31, 2026, total revenue stood at ₹0.574 million. Total expenses for the year increased to ₹1.782 million from ₹1.274 million in the prior year.

The company reported a net loss of ₹0.267 million for the financial year 2025-26, narrowing from a loss of ₹4.230 million in the previous year. For the fourth quarter of FY26, the company recorded a net profit of ₹0.087 million.

Metric	Year Ended 31.03.2026 (₹ in Millions)	Year Ended 31.03.2025 (₹ in Millions)
Total Revenue	1.886	1.907
Total Expenses	1.782	1.274
Profit for the Period	(0.267)	(4.230)
Earnings Per Share (Basic)	(1.34)	(21.15)

Corporate Governance Update

The board approved the reclassification of individuals from the promoter group to the public category following their request. The outgoing promoters confirmed they do not hold any position on the Board of Directors, nor do they act as key managerial personnel. They also undertook to comply with the conditions set out in Regulation 31A(3)(b) of the SEBI Listing Regulations. The reclassification is subject to approval by the stock exchanges.

Balance Sheet Highlights

As of March 31, 2026, the company’s total assets stood at ₹138.412 million. Non-current assets included investments of ₹115.979 million, while current assets comprised current investments of ₹22.225 million and cash and cash equivalents of ₹0.063 million. The equity and liabilities section showed an equity share capital of ₹2.000 million and other equity of ₹130.960 million.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Unijolly Investments Company Limited has disclosed to BSE Limited that seven members of its promoter group have submitted formal requests on May 15, 2026, seeking reclassification from the 'Promoter' category to the 'Public' category. The intimation was made under Regulation 30 read with Regulation 31A(8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"). The disclosure was signed by Director Krishna Babu Cherukuri (DIN: 00993286) on behalf of the company.

Outgoing Promoter Shareholding Details

As on the date of the request letters, all seven outgoing promoters hold zero equity shares in the company. The table below presents the shareholding details of the promoter group seeking reclassification:

Promoter Name:	No. of Shares	Shareholding (%)
K Vidya Devi	0	0.00
Rajendra Prasad Challa	0	0.00
Soumya Challa	0	0.00
Jagadish Prasad Kanuri	0	0.00
Shantha Prasad Challa	0	0.00
K. Harishchandra Prasad	0	0.00
K Rama Krishna Prasad	0	0.00
Total	0	0.00

Basis for Reclassification Request

Each of the seven promoters has individually addressed a request letter to the Board of Directors of Unijolly Investments Company Limited, citing their disengagement from the management and affairs of the company. The promoters have stated that they hold zero equity shares, are not involved in the management of the company, do not have the right to appoint any director, and do not exercise control over management or policy decisions, whether directly or indirectly.

Conditions Confirmed by Outgoing Promoters

In their respective request letters, each outgoing promoter has confirmed and certified the following conditions in connection with the reclassification application:

They, along with their immediate relatives, do not hold more than ten percent of the total voting rights of the company.
They, along with their immediate relatives, do not exercise control over the affairs of the company directly or indirectly.
They, along with their immediate relatives, do not have any special rights in the company through formal or informal arrangements, including through any shareholder agreements.
They, along with their immediate relatives, do not hold any position on, nor are they represented on, the Board of Directors of the company (including having no nominee director).
They, along with their immediate relatives, do not act as key managerial personnel in the company.
They have not been declared as wilful defaulters as per Reserve Bank of India guidelines.
They are not fugitive economic offenders.
There is no pending regulatory action against them.

Post-Reclassification Undertakings

Each outgoing promoter has also provided undertakings regarding compliance following reclassification. They have committed to continuously comply with the conditions under sub-clauses (i), (ii), and (iii) of clause (b) of Regulation 31A(3) of the SEBI LODR Regulations from the date of reclassification. Additionally, they have undertaken to comply with conditions under sub-clauses (iv) and (v) of clause (b) of Regulation 31A(3) for a period of not less than three years from the date of reclassification. Non-compliance with either set of conditions would result in reclassification back to the promoter category.

Approval Process

The reclassification of the seven promoters is subject to approval by the Board of Directors of Unijolly Investments Company Limited and BSE Limited, in accordance with Regulation 31A of the SEBI LODR Regulations. The company has confirmed that a copy of each request letter has been attached to the disclosure filed with BSE Limited.