Ventive Hospitality Limited has announced that 11 members of its Promoter and Promoter Group have submitted formal requests to re-classify their status to the ‘Public’ category. The entities, which currently hold no equity shares in the company, have initiated this process to align with their current involvement in the business. The company’s Board of Directors will review these requests in due course, following which the required procedures will be initiated.
Overview of Re-classification Requests
On May 8, 2026, Ventive Hospitality Limited received formal communication from 11 distinct entities currently listed as part of the ‘Promoter and Promoter Group’. These entities have formally requested a re-classification to the ‘Public’ category. Each applicant has verified that they do not hold any equity shares of the company, nor do they exercise control or hold any special rights within the organization.
Entities Seeking Re-classification
The list of applicants transitioning to the ‘Public’ category includes a mix of private limited companies and limited liability partnerships:
- 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 Compliance
The company has confirmed that these entities have satisfied the necessary declarations regarding their lack of association with business operations and policy decisions. Furthermore, the applicants have certified that they are not involved in the day-to-day management, are not represented on the Board of Directors, and have no pending regulatory actions against them. The Board of Directors will now consider these requests and seek all appropriate approvals to finalize the re-classification process.
Source: BSE