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

Sushma 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.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sushma Goel, a member of the promoter group of Omaxe Limited, has submitted a declaration to the stock exchanges under Regulation 31(4) of SEBI Takeover Regulations. In it, she states that she and the Persons Acting in Concert (PAC) have not created any new encumbrance (pledge, charge or similar) on shares during FY 2024-25, other than those already disclosed earlier. The declaration excludes a few PAC members, including Mr. Sunil Goel, Sunil Goel HUF, Mrs. Seema Goel, Mr. Jai Bhagwan Goel, Mrs. Rekha Goel, and Mr. Nakul Goel, as she does not have information regarding encumbrances created by them. This is a routine annual compliance filing required from promoters of listed companies.

Likely market impact

No material impact on shareholders or stock price. This is a standard yearly declaration confirming that no fresh pledges or encumbrances have been created by the promoter during the financial year, signalling continuity in disclosed shareholding status.