FastTrack Finsec Private Limited has taken a significant step in the corporate landscape by submitting a pre-offer advertisement to the Bombay Stock Exchange (BSE) regarding an open offer to the public shareholders of Omansh Enterprises Limited . This move, announced on November 7, 2025, marks a potential shift in the ownership structure of Omansh Enterprises.

Key Details of the Announcement

• Date of Publication: November 7, 2025
• Media Outlets:
  • Business Standard (English and Hindi editions)
  • Pratahkal (Regional newspaper in Mumbai)

Regulatory Compliance

The submission of this pre-offer advertisement is in accordance with the Securities and Exchange Board of India (SEBI) regulations governing substantial acquisition of shares and takeovers. This adherence to regulatory requirements underscores the legitimacy and transparency of the proposed transaction.

About FastTrack Finsec

FastTrack Finsec Private Limited is a registered merchant banker with SEBI, holding the registration number INM000012500. Their role as a merchant banker in this open offer highlights their expertise in handling corporate actions and financial transactions.

Implications for Shareholders

This open offer presents an opportunity for the public shareholders of Omansh Enterprises Limited to potentially sell their shares. While the specific terms of the offer have not been disclosed in the provided information, such offers typically involve the acquiring company proposing to purchase shares at a predetermined price.

Market Impact

The announcement of an open offer often has significant implications for the stock price and trading volume of the target company. Shareholders and market analysts will likely be closely watching how this development affects Omansh Enterprises' stock performance in the coming days.

Looking Ahead

As this corporate action unfolds, it will be crucial to monitor:

1. The response of Omansh Enterprises' management to this open offer
2. Any potential counter-offers or competing bids
3. The reaction of major shareholders and institutional investors
4. Regulatory approvals and further disclosures as required by SEBI

This open offer by FastTrack Finsec represents a noteworthy development in the Indian corporate sector, potentially leading to changes in the ownership and control of Omansh Enterprises Limited. Stakeholders and market observers will be keenly following the progress of this offer and its implications for both companies involved.

Four acquirers have launched an open offer to purchase up to 44,03,007 equity shares, representing 25.12% of the expanded voting share capital of Omansh Enterprises Limited , at a price of ₹2 per share. This move follows a significant change in the company's ownership structure and comes as part of a mandatory offer under SEBI regulations.

Key Details of the Open Offer

• Acquirers: Avnish Jindal, Piyush Gupta, Nilesh Jindal, and Purshottam Kumar Gupta
• Offer Price: ₹2 per equity share
• Total Consideration: ₹88,06,014 (assuming full acceptance)
• Offer Period: November 11, 2025 to November 24, 2025

Background of the Offer

The open offer has been triggered by two key events:

1. A Share Purchase Agreement (SPA) dated June 10, 2025, where Avnish Jindal and Piyush Gupta agreed to acquire 45,00,000 equity shares (25.67% of the expanded voting share capital) from existing public shareholders.

2. The allotment of 81,25,000 equity shares to the acquirers, representing 46.35% of the expanded voting share capital, through the conversion of Compulsory Convertible Preference Shares (CCPS).

Shareholding Structure

Post the SPA and CCPS conversion, the acquirers' shareholding in Omansh Enterprises will be as follows:

Implications for Public Shareholders

Public shareholders of Omansh Enterprises now have the opportunity to tender their shares at ₹2 per share during the offer period. If the offer is fully subscribed, the acquirers' stake in the company could increase to 97.15% of the total expanded equity voting share capital.

Regulatory Compliance

The acquirers have stated their commitment to comply with minimum public shareholding requirements as per SEBI regulations. They may need to undertake measures to ensure that the public shareholding meets the required 25% threshold after the completion of the open offer.

Conclusion

This open offer represents a significant change in the ownership structure of Omansh Enterprises Limited. Public shareholders should carefully consider the offer price and their investment objectives before deciding whether to participate in the open offer.

Investors are advised to read the detailed Letter of Offer and seek independent financial advice before making any decision regarding the tender of their shares.