ALPHA TRIBE

Omansh Enterprises LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Avnish Jindal has acquired 19,90,625 fully paid-up equity shares of Omansh Enterprise Limited through preferential allotment via conversion of compulsory convertible preference shares. This acquisition represents an 11.36% stake in the company, increasing the total equity share capital from 50.28 lakh shares to 1.75 crore shares with a face value of Rs. 2 each. This equity infusion significantly dilutes the shareholding but strengthens the company’s capital base, potentially supporting future growth and operations.

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