The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayesh Amratlal Shah & PACs
Awaiting price reaction for this filing.
Promoter Jayesh Amratlal Shah was allotted 312,500 equity shares of Omega Interactive Technologies on July 16, 2025, on a preferential basis through conversion of equal number of warrants. Before this allotment, the promoter held 0 shares in the company. After the allotment, his stake stands at 312,500 shares, representing 16.34% of the total equity share capital. The company's total equity share capital expanded from 15,99,432 shares to 19,11,932 shares (Rs. 1.91 crore) as a result of this conversion. There are no Persons Acting in Concert (PAC) involved in this acquisition. The disclosure is filed under Regulation 29(1) of SEBI's SAST Regulations, 2011.
This is a promoter-driven capital infusion via warrant conversion, increasing promoter ownership to 16.34% from zero. This signals promoter confidence in the company, though the stake remains well below the 50% mark, indicating the promoter does not have a controlling majority.