The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CITOC Ventures Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CITOC Ventures Private Limited, a non-promoter entity, acquired 7,69,003 equity shares (18.29%) of Omnitex Industries India Ltd through an open market purchase on 1 July 2025. This raised CITOC Ventures' total holding in the company from 50,997 shares (1.21%) to 8,20,000 shares (19.51%). The total equity share capital of Omnitex Industries stands at 42,04,100 shares. The disclosure was filed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and the acquirer has confirmed it does not belong to the promoter/promoter group of the company. The shares were acquired as equity shares with no encumbrance or pledge involved.
A non-promoter entity has built a sizeable 19.51% stake in Omnitex Industries in a single transaction, which could increase scrutiny on potential takeover activity or strategic interest. Shareholders should watch for further disclosures from CITOC Ventures and monitor for any open offer obligations or further stake increases that may trigger SAST thresholds.