Unishire Urban Infra Limited's board of directors has approved the reclassification of certain promoter shareholdings from the promoter group category to the public category. The decision was taken during a board meeting held on February 27, 2026, at the company's registered office in Kolkata. This move follows the company's earlier intimation dated January 23, 2026, regarding the request for reclassification under SEBI regulations.

Board Meeting Details

The board meeting was conducted on Friday, February 27, 2026, from 1:00 PM to 1:30 PM at the company's registered office located at 13/1A, Government Place (East) Top Floor, Kolkata, West Bengal. The meeting was presided over by Managing Director Chirag (DIN: 10728185), who signed the official documents digitally.

Promoter Reclassification Details

The reclassification involves three promoters who requested to move their shareholding from the "Promoter/Promoter Group" category to the "Public" category. The board reviewed and approved this request after confirming compliance with all regulatory requirements.

Regulatory Compliance

The board noted that all promoters have satisfied the conditions specified in sub-clause (i) to (vii) of clause (b) of sub-regulation (3) of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoters have also committed to continue complying with the conditions mentioned in Regulation 31A post-reclassification.

Resolution and Next Steps

The board passed a formal resolution approving the reclassification, subject to approval from BSE Limited and other statutory authorities as required. The resolution authorizes the company's directors and company secretary to undertake all necessary acts and procedures to give effect to this reclassification. The company has submitted the certified copy of the board meeting minutes and resolutions to the stock exchange for record and further processing.

Unishire Urban Infra Limited has formally requested BSE Limited to exempt the company from filing quarterly financial results for the December quarter ended December 31, 2025, citing its listing status on the SME platform.

Regulatory Compliance Clarification

The company submitted a clarification letter dated February 3, 2026, to BSE's Department of Corporate Service explaining its position regarding quarterly compliance requirements. The letter addresses the company's earlier submission of quarterly compliances and subsequent realization about specific regulatory provisions applicable to SME-listed entities.

SME Platform Regulatory Framework

Under Regulation 33(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, entities listed on SME exchanges are required to file unaudited financial statements on a half-yearly basis rather than quarterly. This regulatory provision specifically applies to companies that have listed their specified securities on SME platforms.

The company acknowledged that it had initially closed the trading window on January 1, 2026, and submitted the required quarterly compliances before becoming aware of the specific SME platform exemptions.

Trading Window Reopening Request

Unishire Urban Infra Limited has specifically requested BSE to reopen the trading window on the stock exchange. The company seeks acknowledgment that it is not required to file financial results for the December quarter ended December 31, 2025, based on its SME platform listing status.

Compliance Timeline

The clarification letter was digitally signed by Director Chirag on February 3, 2026, and submitted to BSE Limited's Mumbai office. The company emphasized that this communication serves as a continuation of its earlier quarterly compliance submissions while seeking appropriate regulatory relief under SME platform provisions.

The company maintains its registered office in Kolkata, West Bengal, and operates its corporate office from New Delhi, with established communication channels for regulatory correspondence and stakeholder engagement.