Announced Wed, 8 Oct · 15:05 IST

Intimation of Receipt of request for reclassification from Promoter/Promoter Group to the Public Category in accordance with Regulation 31A of the SEBI (LODR) Regulations, 2015.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Omnitex Industries informed BSE that four members of the promoter/promoter group — Narendra Dalmia, Manorma Dalmia, Sangeeta Dalmia, and Gautam Narendra Dalmia — have requested to be reclassified as public shareholders under SEBI LODR Regulation 31A. Three of them currently hold zero shares, while Gautam Narendra Dalmia holds 18,980 equity shares representing just 0.45% of total equity capital. The applicants stated they have no board representation, no management role, no special rights, and exercise no control over the company. The Board of Directors will consider the request, which will also require shareholder approval before being finalized.

Likely market impact

This is a procedural corporate housekeeping matter with negligible impact — the combined shareholding involved is only 0.45%, so there is no meaningful change to promoter shareholding or any expected stock price movement. Approval from the Board and shareholders is still pending.