BSE has granted no-objection for Utique Enterprises Limited to reclassify two of its promoter entities to the public category, altering the company's shareholding structure. The approval, issued on June 1, 2026, allows Honcho Trading Private Limited and Chivas Trading Private Limited to move from the "Promoter and Promoter Group Category" to the "Public Category". This change impacts the ownership composition and regulatory classification of the company's stakeholders.

The reclassification was approved under Regulation 31A(8)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE communicated the decision through letter No. LIST/COMP/KR/079/2026-27, referencing the company's initial application dated August 22, 2025. The exchange mandated that the listed entity ensure compliance with all subsequent relevant disclosures regarding this material event as per the applicable provisions of the regulations.

The following entities have been approved for reclassification:

Utique Enterprises Limited submitted the request to the exchange to facilitate the exit of these outgoing promoters from the promoter group. The company is now required to make necessary filings to update its shareholding records with depositories and regulatory bodies.

Utique Enterprises Limited reported a net profit of ₹188.39 lakh for the financial year ended March 31, 2026, a significant increase from ₹49.37 lakh in the prior year. The company recorded revenue from operations of ₹5,299.18 lakh for FY26, down from ₹10,182.96 lakh in FY25. The board of directors approved the audited financial results at a meeting held on May 28, 2026.

The statutory auditor, Chaturvedi & Shah LLP, issued an unmodified opinion on the audited financial results. The report confirms that the statement presents a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards. The auditor noted that the results for the quarter ended March 31, 2026, are balancing figures derived from the audited full-year figures and the reviewed year-to-date figures up to the third quarter.

Total income for FY26 stood at ₹5,855.19 lakh, compared to ₹10,561.63 lakh in the previous year. Total expenses decreased to ₹5,575.77 lakh from ₹10,259.08 lakh in FY25. The profit before tax for the year was ₹279.42 lakh, while the tax expense was recorded at ₹91.03 lakh. The company’s paid-up equity share capital remained constant at ₹5,567.01 lakh with a face value of ₹10 per share.

Financial Performance

The company’s earnings per share (EPS) for the year improved to ₹0.34 from ₹0.09 in the previous year. For the quarter ended March 31, 2026, the company reported a net loss of ₹246.34 lakh, compared to a loss of ₹89.31 lakh in the same quarter of the previous year. Revenue from operations for the quarter was nil, while other income was negative at ₹242.03 lakh.

Balance Sheet Highlights

The total assets of the company as of March 31, 2026, were ₹7,407.46 lakh, a slight increase from ₹7,121.48 lakh in the previous year. Non-current assets decreased significantly to ₹417.30 lakh from ₹1,619.64 lakh, primarily due to a reduction in investments. Current assets rose to ₹6,990.16 lakh from ₹5,501.84 lakh, driven by current investments which stood at ₹5,825.98 lakh.

Total equity increased to ₹7,192.18 lakh from ₹6,994.06 lakh. Non-current liabilities were recorded at ₹114.66 lakh, while current liabilities stood at ₹100.62 lakh. The company’s cash and cash equivalents decreased to ₹89.97 lakh at the end of FY26 from ₹1,136.29 lakh at the end of FY25.