The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Bhawnani
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Ashok Metharam Bhawnani, a member of the Promoter Group of Omnitex Industries (India) Ltd, sold 500 equity shares in the open market on 10 December 2025. This reduced his individual holding from 924,380 shares (21.98%) to 923,880 shares (21.97%) of the company's total equity capital of 42,04,100 shares. The transaction is extremely small at just 0.01% of the company's share capital. The disclosure was filed under SEBI Takeover Regulations to report this minor change in shareholding.
This is a negligible sale with virtually no impact on the company's ownership structure or stock price. Retail investors need not be concerned as the promoter's effective control remains unchanged.