The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Omkar Pravin Herlekar
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Omkar Pravin Herlekar, a member of the promoter group of Amarnath Securities Ltd, sold 70,076 shares (2.34% of total share capital) through the open market on June 10 and June 11, 2025. His stake in the company dropped from 95,076 shares (3.17%) to 25,000 shares (0.83%). The disclosure was filed with BSE on June 12, 2025 under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations.
The promoter has significantly trimmed his holding, retaining just 0.83% of the company. This is a meaningful reduction in promoter stake and may be viewed negatively by retail investors as it signals reduced promoter confidence or a need for liquidity, though it does not affect overall corporate control since the sold portion was small in absolute terms.