OMAXENSEOmaxe Limited· ConstructionMediumNeutral
Announced Thu, 24 Apr · 16:34 IST

Mohit Goel 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mohit Goel, a promoter of Omaxe Limited, has filed a disclosure with the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details regarding encumbrance (such as pledge) on their shares, typically when crossing certain thresholds. The filing itself is only a submission notice and does not include the actual details or numbers from the disclosure. Retail investors would need to view the attached disclosure document for specifics on shareholding and encumbrance figures.

Likely market impact

This is a routine regulatory compliance filing by a promoter. The market impact depends on what the underlying disclosure reveals about pledge creation, release, or invocation, which is not visible in this announcement summary. Investors should monitor for any further details that could affect promoter holding or stock price sentiment.