OMAXENSEOmaxe Limited· ConstructionLowNeutral
Announced Wed, 7 May · 11:33 IST

Rohtas 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

Rohtas Goel, promoter of Omaxe Limited, has submitted a declaration to NSE and BSE as required under Regulation 31(4) of SEBI's Takeover Regulations for FY 2024-25. In the declaration, he states that he and the 'Persons Acting in Concert' (PAC) with him have not created any new encumbrances (such as pledges or charges) on their shares during the year, beyond what has already been disclosed. He also notes that six specific PAC members — Sunil Goel, Sunil Goel HUF, Seema Goel, Jai Bhagwan Goel, Rekha Goel, and Nakul Goel — are excluded from this declaration as he does not have information about any encumbrances they may have created.

Likely market impact

This is a routine annual compliance filing and does not indicate any change in the promoter's shareholding or any new pledging activity. It provides mild comfort to investors that no undisclosed encumbrances have been created by the main promoter during the year, though six related PAC members are excluded from this confirmation.