The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Zaki Abbas Nasser & Sharmin Nasser
OMAXAUTO · price
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Zaki Abbas Nasser and Sharmin Nasser, who are not part of the promoter group, acquired 3,35,000 shares (1.57%) of Omax Autos through open market purchases between November 4 and November 19, 2025. This raises their combined holding from 10,15,000 shares (4.74%) to 13,50,000 shares (6.31%) of the company's equity. The acquisition was made via open market trades and has triggered the disclosure requirement under Regulation 29(1) of the SEBI Takeover Regulations as their stake crossed the 5% mark. Omax Autos has a total equity share capital of 21,38,82,130 shares, and there has been no change in the company's capital due to this transaction.
This is a non-promoter buyer steadily accumulating shares via the open market, crossing the 5% regulatory disclosure threshold. Shareholders should note rising non-promoter interest in the stock, though no immediate impact on stock price is expected from this disclosure itself.