Omaxe Limited — Others, 24-02-2025: Disclosure under SEBI Takeover Regulations

Mr. Rohtas Goel, a promoter of Omaxe Limited, has announced a proposed acquisition of up to 12,84,120 equity shares from Mr. Sunil Goel, set to occur on or after February 28, 2025. This acquisition will represent approximately 0.7% of Omaxe's equity capital. The shares will be transferred as a gift, which means no financial consideration is involved.

This intra-family transfer enhances the shareholding position of Mr. Goel and may reflect a strategic consolidation of control within the company. Investor sentiment could lean positively due to the commitment from the promoter, reinforcing stability and governance at Omaxe, even as the acquisition does not impact overall share capital significantly.