BSEOmega Interactive Technologies LtdMediumNeutral
Announced Wed, 27 May · 19:24 IST

Intimation of request received for Re-classification under Regulation 31A of SEBI(LODR) regulations,2015

Promoter Below 50pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jayesh Amratlal Shah, currently classified as a Promoter of Omega Interactive Technologies Ltd, has submitted a request dated 27 May 2026 seeking reclassification to the Public category. He holds 62,74,730 equity shares representing 7.94% of the company's paid-up share capital. In his request, Shah confirms he is no longer associated with the management or control of the company, does not hold any Board position or Key Managerial Personnel role, and does not exercise any control over the company's affairs. He has confirmed compliance with Regulation 31A(3)(b) of SEBI LODR Regulations, including that he does not hold more than 10% of voting rights and is not a wilful defaulter or fugitive economic offender. The company has informed BSE of this material event as required under Regulation 31A(8)(a).

Likely market impact

If approved, this reclassification will reduce the Promoter group's shareholding by 7.94%, moving those shares to the Public category. This increases the public shareholding and may be seen as a positive development for minority shareholders as it reduces promoter control.