The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for CITOC Ventures Pvt Ltd
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CITOC Ventures Private Limited, an acquirer (not part of promoter/promoter group), purchased 159,805 equity shares (3.80%) of Omnitex Industries (India) Ltd through open market on September 30, 2025. This increases CITOC Ventures' holding from 820,000 shares (19.51%) to 990,000 shares (23.31%) of the company. The total share capital of Omnitex stands at 42,04,100 equity shares. The disclosure is filed under Regulation 29(1) of SEBI Takeover Regulations, 2011, indicating the acquirer is gradually increasing its stake through market purchases within the permissible creeping acquisition limit.
The acquirer is closing in on the 25% open offer trigger threshold under SEBI Takeover Rules; crossing 25% would require a mandatory open offer to remaining shareholders. Retail investors should monitor further disclosures as additional purchases could trigger an open offer obligation.