The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Metharam Bhawnani
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Ashok Metharam Bhawnani, part of the promoter group of Omnitex Industries India Ltd, sold 500 equity shares (0.01% of paid-up capital) through the open market on 09-12-2025. Post-sale, his holding stands at 924,380 shares, equivalent to 21.98% of the company, marginally down from 21.99% earlier. The company's total equity share capital remains 42,04,100 shares of Rs. 10 each. This is a routine disclosure under Regulation 29(2) of SEBI Takeover Regulations.
This is a negligible sale by a promoter group member and is unlikely to materially affect the stock price or signal any change in promoter confidence. Retail investors should view this as routine compliance disclosure rather than a significant event.