Omnitex Industries (India) Limited promoter Ashok Metharam Bhawnani has disclosed a minor adjustment in his shareholding through open market transactions. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals a small reduction in the promoter's stake in the textile company.

Transaction Details

The shareholding adjustment involved the sale of 500 equity shares through open market transactions on December 10, 2025. The following table summarizes the key transaction parameters:

Shareholding Pattern Changes

The transaction resulted in a marginal change in Bhawnani's shareholding in Omnitex Industries. The comparative shareholding pattern before and after the transaction shows:

Company Capital Structure

Omnitex Industries maintains a stable capital structure with no changes resulting from this promoter transaction. The company's equity share capital remains unchanged at 4,204,100 equity shares of ₹10.00 each both before and after the transaction. The total diluted share capital also remains at the same level, indicating no impact from convertible securities or warrants.

Regulatory Compliance

The disclosure demonstrates adherence to SEBI regulations governing substantial acquisition and disposal of shares. As a promoter group member, Bhawnani is required to disclose any changes in shareholding, regardless of the transaction size. The filing was completed on December 11, 2025, one day after the transaction date, ensuring timely regulatory compliance.

This minor adjustment in promoter shareholding reflects routine portfolio management activities and maintains the promoter group's significant stake in the textile company. The transaction was executed on BSE Limited, where Omnitex Industries shares are listed for trading.

Omnitex Industries India has announced significant changes to its leadership team, including the appointment of a new Chief Financial Officer (CFO) and the resignation of three directors.

New CFO Appointment

Omnitex Industries India has appointed Mr. Deepak Berry as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective November 7, 2025. Mr. Berry brings extensive experience to the role, with over 48 years in the financial sector.

Key Details of the Appointment:

Mr. Berry's career includes significant roles in various companies:

• Porritts and Spencer Asia Ltd (1977-1985)
• Birla Yamaha Ltd (1985-1988)
• Essar Group Steel Business (Head of Works Account)
• Essar Port at Hazira (CFO, 1988-2022)
• CFO at Seros Group of Companies

The company has confirmed that Mr. Berry is not related to any directors of Omnitex Industries India and is not debarred from holding the position of Key Managerial Personnel by any regulatory authority.

Leadership Changes

Alongside Mr. Berry's appointment, Omnitex Industries India announced several other significant changes to its leadership:

1. Resignation of CFO: Mr. Kusshal Ambbala has resigned from his position as CFO, effective November 7, 2025, citing personal reasons.

2. Director Resignations:

   • Mr. Durgaprasad Sabnis
   • Mr. Ashok Bhawnani
   • Mr. Kusshal Ambbala

All three directors have stepped down from their roles on the board, effective November 7, 2025, due to personal reasons.

3. New Chairman: Mr. Bhavik Ashokkumar Shah has been appointed as the new Chairman of the company.

Board Meeting Outcome

These changes were approved during a board meeting held on November 7, 2025, which commenced at 4:00 PM and concluded at 4:16 PM. The company has duly informed the BSE Limited of these developments in compliance with SEBI regulations.

These leadership changes mark a significant shift for Omnitex Industries India. The appointment of an experienced CFO like Mr. Deepak Berry, along with the board reshuffle, may indicate a new direction for the company. Stakeholders will likely monitor how these changes impact the company's financial management and overall performance in the future.