Sunil Kothari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
OMINFRAL · price
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Sunil Kothari, on behalf of himself and the Promoter and Promoter Group of Om Infra Limited, has submitted a negative declaration under SEBI Regulation 31(4). The disclosure confirms that no new share encumbrances (pledges) have been created by the promoter group during the Financial Year ended March 31, 2026, other than those already disclosed to the stock exchange. The filing lists 28 entities including Sunil Kothari and various family members and trusts, with total promoter holding approximately 63.25% of the company.
A negative declaration under Regulation 31(4) is positive for shareholders as it indicates promoters have not pledged additional shares beyond what was already disclosed, avoiding potential dilution or forced selling pressure. The substantial promoter holding of ~63% provides stability to the company's ownership structure.