Announced Wed, 14 May · 16:55 IST

Intimation

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Ashok Dilipkumar Jain, a non-promoter shareholder of Omnipotent Industries Ltd, acquired 2,52,000 equity shares through the stock exchange on May 6 and May 8, 2025 (18,000 and 2,34,000 shares respectively). His stake in the company rose from 5.45% (3,30,000 shares) to 9.62% (5,82,000 shares) of the paid-up capital of 6,05,00,000 shares. The acquirer has confirmed he does not belong to the promoter or promoter group. The disclosure was filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations.

Likely market impact

A non-promoter shareholder is now just 0.38% away from the 10% trigger threshold. Any further purchase crossing 10% could attract a mandatory open offer requirement under SEBI takeover rules, which is worth monitoring for existing shareholders.