Ventive Hospitality Limited has announced that its Board of Directors approved the re-classification of 11 entities from the ‘Promoter and Promoter Group’ category to the ‘Public’ category. The decision, made on May 12, 2026, follows requests from these members who currently hold no equity shares in the company. This strategic move remains subject to the final ‘No Objection Certificate’ from the relevant stock exchanges and pending shareholder approval.
Strategic Shareholding Realignment
On May 12, 2026, the Board of Directors of Ventive Hospitality Limited formally considered and sanctioned the re-classification requests submitted by several members of its Promoter Group. This transition effectively moves these entities from their previous classification as Promoters to the ‘Public’ shareholder category, reflecting a shift in the company’s capital structure and ownership profile.
Entities Impacted
The 11 applicants seeking this status change represent a diverse group of investment and operating entities, including:
- Le-Style Enterprise Private Limited
- Pune Express Infrastructure Private Limited
- Pause & Play Movement Labs Private Limited
- Elie Organic World Private Limited
- Wagholi Amenity Space LLP
- AAA Washers & Dyers Private Limited
- Wallpro Ventures Private Limited
- Gramercy Infrarealty Private Limited
- Samruddhi Manufacturing & Leasing LLP
- Pune Infrarealty and Ventures Private Limited
- A2G Realty LLP
Next Steps and Regulatory Compliance
The company confirmed that these specific entities do not hold any equity shares in the company. While the Board has provided its approval, the re-classification is contingent upon receiving the necessary ‘No Objection Certificate’ from the stock exchanges where the company’s equity shares are listed. Furthermore, the company will seek final approval from its shareholders during the upcoming Annual General Meeting to conclude the process.
Source: BSE
