Omaxe Limited has informed the Exchange regarding 'Intimation of receipt of No-objection letter for reclassification of Promoter(s)/Promoter Group under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Awaiting price reaction for this filing.
Omaxe Limited has received no-objection letters from both NSE and BSE (dated August 21, 2025) for reclassifying three members — Mr. Sunil Goel, Mrs. Seema Goel, and Sunil Goel HUF — from the 'Promoter/Promoter Group' category to the 'Public' category under SEBI Regulation 31A. All three individuals currently hold 0 shares (0.00% stake) in the company. Since they collectively do not hold more than 1% of voting rights, shareholder approval was not required. The reclassification is effective immediately and going forward they will be reported under the 'Public' category in the company's shareholding pattern filings.
This is a procedural administrative reclassification — the three individuals already held zero shares, so there is no actual change in ownership or voting power. Other promoters remain in the promoter category. Neutral impact on existing shareholders and the stock price.