Unijolly Investments Company Schedules Board Meeting on February 22, 2026 for Q4 FY26 Results and Promoter Reclassification

Unijolly Investments Co Limited has notified BSE Limited of an upcoming Board of Directors meeting, scheduled for Friday, February 22, 2026. The intimation was filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated from the company's administrative office located at 1C, 1st Floor, Uma Enclave, Road No. 9, Banjara Hills, Hyderabad – 500 034.

Board Meeting Agenda

The board meeting has been convened to address two key items. The following table outlines the agenda as disclosed in the regulatory filing:

Agenda Item:	Details
Item 1:	Consider and approve the audited financial results for the fourth quarter and financial year ended March 31, 2026
Item 2:	Re-classification of a person belonging to the promoter category of the company to the public category
Meeting Date:	Friday, February 22, 2026
Regulatory Framework:	Regulation 29 of SEBI (LODR) Regulations, 2015

Key Highlights

The two primary matters to be taken up at the board meeting are:

Audited Financial Results: The board will consider and approve the audited financial results of the company for the fourth quarter and the financial year ended March 31, 2026.
Promoter Reclassification: The board will deliberate on the re-classification of a person belonging to the promoter category to the public category, a significant corporate governance matter requiring board approval.

Filing Details

The intimation was signed by Krishna Babu Cherukuri, Director (DIN: 00993286), on behalf of Unijolly Investments Company Limited, and was digitally authenticated on May 18, 2026. The filing was addressed to the Corporate Relations Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001.

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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.