Appointment of Mr. Shyam Brahmadatt Bagrodia as Managing Director of the Company.

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₹474.60

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+1.3% vs market

Other Textile Products peers, median of 176sector+0.1%+1.9% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.9 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 176Pending

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AI summary

Omnitex Industries (India) Limited has appointed Mr. Shyam Brahmadatt Bagrodia (DIN: 00812394) as the Managing Director of the company, effective October 9, 2025. The appointment is subject to approval from shareholders at a general meeting. The company has confirmed that Mr. Bagrodia is not related to any existing director on the board and has not been debarred from holding a director's position by SEBI or any other authority. The intimation has been made to BSE under Regulation 30 of SEBI LODR, signed by the Company Secretary.

Likely market impact

This is a routine leadership appointment pending shareholder approval, and is not expected to have an immediate material impact on the stock price. Shareholders will get a chance to vote on this appointment at the upcoming general meeting.