unijolly investments co has submitted an application to BSE Limited to reclassify its outgoing promoters from the promoter category to the public category. The filing, made on May 26, 2026, follows a request from the outgoing promoters and approval by the Board of Directors on May 22, 2026. The reclassification is being processed under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors approved the reclassification request after receiving a letter from the outgoing promoters on May 15, 2026. The application was subsequently filed with the exchange to formalize the change in shareholding status. The company disclosed that the move is pursuant to Regulation 31A(8) of the SEBI Listing Regulations.

Key Dates and Approvals

The reclassification alters the shareholding structure of Unijolly Investments Company Limited, moving the outgoing promoters from the promoter category to the public category. This change impacts the company's compliance with SEBI regulations regarding promoter shareholding. The application is currently under review by BSE Limited.

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.

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.