Edvenswa Enterprises Limited has announced a crucial Board of Directors meeting scheduled for September 25, 2025, to deliberate on a significant change in its shareholding structure. The primary agenda of the meeting is to consider the reclassification of promoter Mr. Y. Ramesh Reddy's shareholding from the 'Promoter' category to the 'Public' category.

Key Points of the Announcement

• Meeting Date: September 25, 2025
• Venue: Registered Office, Hyderabad
• Main Agenda: Consideration of promoter shareholding reclassification
• Promoter Involved: Mr. Y. Ramesh Reddy
• Reclassification: From 'Promoter' to 'Public' category

Background and Details

The company received a request from Mr. Y. Ramesh Reddy on September 15, 2025, seeking reclassification of his shareholding. This reclassification, if approved, will be carried out in accordance with Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance

Edvenswa Enterprises has emphasized that the proposed reclassification will adhere to the regulatory framework set by SEBI. The company's intimation to the Bombay Stock Exchange (BSE) highlights its commitment to transparency and compliance with listing regulations.

Additional Meeting Agenda

While the promoter shareholding reclassification is the primary focus, the board meeting will also address any other matters that may arise, subject to the Chair's permission.

Company Information

Edvenswa Enterprises Limited, with its registered office in Hyderabad, operates under the CIN: L62099TS1980PLC176617.

Investors and stakeholders are advised to keep an eye on further announcements from the company regarding the outcome of this significant board meeting. The decision on the promoter's shareholding reclassification could potentially impact the company's ownership structure and may be of interest to the market participants.

Note: This article is based on the company's official intimation to the BSE dated September 22, 2025, regarding the upcoming board meeting.

Edvenswa Enterprises Limited, a company listed on the Bombay Stock Exchange (BSE: 517170), has received a request from one of its promoters, Y. Ramesh Reddy, to reclassify his status from the promoter category to the public category. This development comes as Reddy's shareholding in the company has reduced below the threshold limits for promoter classification.

Reclassification Request Details

According to the company's filing, Y. Ramesh Reddy currently holds 1,896,000 equity shares, representing 6.47% of Edvenswa Enterprises' total shareholding. In his request dated September 15, 2025, Reddy has sought reclassification under Regulation 31A of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Compliance with SEBI Regulations

In his application, Reddy has confirmed that he, along with persons related to him:

• Do not hold more than 10% of the total voting rights in the company
• Do not exercise control over the company's affairs, directly or indirectly
• Have no special rights with respect to the company through formal or informal arrangements
• Are not represented on the board of directors and do not have a nominee director
• Do not act as key managerial personnel of the company

Background of the Request

Reddy's request for reclassification is linked to a SEBI order related to the Brightcom Group Limited matter, which is currently pending before the High Court. In compliance with this order, Reddy had previously stepped down as a Director of Edvenswa Enterprises and ceased to hold any position as a Key Managerial Personnel.

Approval Process

The reclassification request is subject to a multi-step approval process, including:

1. Consideration and approval by the Board of Directors of Edvenswa Enterprises
2. Approval from the shareholders of the company
3. No-objection from the stock exchange (BSE)

Compliance Commitment

In his letter to the Board of Directors, Reddy has committed to complying with the conditions specified in SEBI LODR Regulations, including:

• Continuing to meet the conditions for reclassification at all times
• Adhering to specific conditions for a period of not less than three years from the date of reclassification

Company Information

Edvenswa Enterprises Limited is headquartered in Hyderabad, with its registered office at Q 3-A2, First Floor, Cyber Towers, Hitec City. The company's Corporate Identification Number (CIN) is L62099TS1980PLC176617.

This reclassification request, if approved, would alter the promoter structure of Edvenswa Enterprises Limited, potentially impacting the company's shareholding pattern and governance dynamics.