Seven Promoters of Unijolly Investments Company Limited Seek Reclassification to Public Category Under SEBI LODR Regulations

Unijolly Investments Company Limited has disclosed to BSE Limited that seven members of its promoter group have submitted formal requests on May 15, 2026, seeking reclassification from the 'Promoter' category to the 'Public' category. The intimation was made under Regulation 30 read with Regulation 31A(8) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"). The disclosure was signed by Director Krishna Babu Cherukuri (DIN: 00993286) on behalf of the company.

Outgoing Promoter Shareholding Details

As on the date of the request letters, all seven outgoing promoters hold zero equity shares in the company. The table below presents the shareholding details of the promoter group seeking reclassification:

Promoter Name: No. of Shares Shareholding (%) K Vidya Devi 0 0.00 Rajendra Prasad Challa 0 0.00 Soumya Challa 0 0.00 Jagadish Prasad Kanuri 0 0.00 Shantha Prasad Challa 0 0.00 K. Harishchandra Prasad 0 0.00 K Rama Krishna Prasad 0 0.00 Total 0 0.00

Basis for Reclassification Request

Each of the seven promoters has individually addressed a request letter to the Board of Directors of Unijolly Investments Company Limited, citing their disengagement from the management and affairs of the company. The promoters have stated that they hold zero equity shares, are not involved in the management of the company, do not have the right to appoint any director, and do not exercise control over management or policy decisions, whether directly or indirectly.

Conditions Confirmed by Outgoing Promoters

In their respective request letters, each outgoing promoter has confirmed and certified the following conditions in connection with the reclassification application:

They, along with their immediate relatives, do not hold more than ten percent of the total voting rights of the company.

They, along with their immediate relatives, do not exercise control over the affairs of the company directly or indirectly.

They, along with their immediate relatives, do not have any special rights in the company through formal or informal arrangements, including through any shareholder agreements.

They, along with their immediate relatives, do not hold any position on, nor are they represented on, the Board of Directors of the company (including having no nominee director).

They, along with their immediate relatives, do not act as key managerial personnel in the company.

They have not been declared as wilful defaulters as per Reserve Bank of India guidelines.

They are not fugitive economic offenders.

There is no pending regulatory action against them.

Post-Reclassification Undertakings

Each outgoing promoter has also provided undertakings regarding compliance following reclassification. They have committed to continuously comply with the conditions under sub-clauses (i), (ii), and (iii) of clause (b) of Regulation 31A(3) of the SEBI LODR Regulations from the date of reclassification. Additionally, they have undertaken to comply with conditions under sub-clauses (iv) and (v) of clause (b) of Regulation 31A(3) for a period of not less than three years from the date of reclassification. Non-compliance with either set of conditions would result in reclassification back to the promoter category.

Approval Process

The reclassification of the seven promoters is subject to approval by the Board of Directors of Unijolly Investments Company Limited and BSE Limited, in accordance with Regulation 31A of the SEBI LODR Regulations. The company has confirmed that a copy of each request letter has been attached to the disclosure filed with BSE Limited.

Unijolly Investments Company Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing a mixed performance with quarterly profit recovery but year-to-date losses persisting.

Quarterly Financial Performance

The investment company demonstrated a significant turnaround in its quarterly performance, reporting a profit of ₹1.004 crore for Q3FY26 compared to a substantial loss of ₹6.508 crore in the corresponding quarter of the previous year.

Financial Metric: Q3FY26 Q3FY25 Change Total Revenue: ₹1.099 crore ₹0.169 crore +550.30% Total Expenses: ₹0.422 crore ₹0.288 crore +46.53% Profit/(Loss): ₹1.004 crore ₹(6.508) crore Positive turnaround Basic EPS: ₹5.02 ₹(32.54) Significant improvement

The company's revenue growth was driven entirely by other income, which increased to ₹1.099 crore from ₹0.169 crore in the previous year quarter, as the company reported no revenue from operations.

Nine-Month Performance Analysis

Despite the quarterly recovery, the nine-month performance presents a more cautious picture. The company reported a loss of ₹0.355 crore for the nine months ended December 31, 2025, though this represents an improvement from the loss of ₹5.802 crore in the corresponding period of the previous year.

Nine-Month Metrics: FY26 (9M) FY25 (9M) Variance Total Revenue: ₹1.312 crore ₹1.873 crore -29.95% Total Expenses: ₹1.354 crore ₹0.949 crore +42.68% Net Loss: ₹(0.355) crore ₹(5.802) crore 93.88% reduction Basic EPS: ₹(1.77) ₹(29.01) Substantial improvement

Expense Structure and Tax Position

The company's expense structure for Q3FY26 included other expenses of ₹0.221 crore, employee benefits expense of ₹0.056 crore, and loss from operations of ₹0.145 crore. Notably, the company benefited from a deferred tax credit of ₹0.327 crore during the quarter, contributing to the overall profitability.

Other Comprehensive Income Impact

The company reported other comprehensive loss of ₹2.593 crore in Q3FY26, primarily due to items that will not be reclassified to profit or loss. This resulted in total comprehensive loss of ₹1.589 crore for the quarter, despite the positive net profit.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 11, 2026. The results have been prepared in accordance with Indian Accounting Standards and were subject to limited review by statutory auditors Narasimha Rao & Associates. The company maintains a paid-up equity share capital of ₹2.000 crore with a face value of ₹10 per share, and operates primarily in portfolio investments as its single business segment.

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