Company Disclosure: Reclassification Application

Key Events and Timeline

  • August 20, 2026: Company received formal request from Ardent Ventures LLP for reclassification from Promoter/Promoter Group to Public category
  • August 20, 2026: Company submitted initial intimation to BSE regarding receipt of application
  • August 25, 2026: Board meeting held and approved the reclassification request
  • August 26, 2026: Submission of Board meeting minutes to exchange
  • August 27, 2026: Formal application submitted to BSE Limited with complete documentation

Shareholding Details

  • Ardent Ventures LLP currently holds NIL shares (0 shares) in TTL Enterprises Limited
  • Total outstanding equity shares: 69,600 shares
  • Public shareholding: 100% (69,600 shares held by 13,889 shareholders)
  • The company confirms compliance with minimum public shareholding requirements under Regulation 38 of SEBI LODR

Board Resolution Details (August 25, 2026)

The Board resolved and confirmed the following regarding Ardent Ventures LLP:

  • Does not hold any shares or voting rights in the company
  • Does not exercise any control over company affairs
  • Has no special rights through formal or informal arrangements
  • No partners/associates/relatives serve as directors or key managerial personnel
  • Not a wilful defaulter per RBI guidelines
  • Not a fugitive economic offender
  • Will comply with conditions under Regulation 31A(4)

The Board also confirmed company compliance:

  • Minimum public shareholding requirements are and will remain met
  • Company shares are not suspended from trading
  • No outstanding dues to SEBI, stock exchanges, or depositories

Financial Details

  • Processing fee paid to BSE: ₹50,000 + GST (18%) = ₹59,000 total
  • TDS deducted: ₹5,000
  • Net amount paid: ₹54,000
  • Payment date: August 27, 2026
  • UTR Reference: 0827i7772123611
  • Payment method: RTGS/NEFT

Contact Person

  • Name: Lalaram
  • Designation: Managing Director (DIN: 11567944)
  • Cell: 8690016941

Additional Compliance

  • The company undertook that outgoing promoters will not hold more than 10% voting rights
  • No pending regulatory action against promoters seeking reclassification
  • Promoters related to reclassification did not vote on the resolution
  • Company, its promoters, and directors are not in violation of SEBI restrictions