Omnitex Industries Company Secretary and Compliance Officer Resigns Due to Personal Reasons

1 min read     Updated on 24 Jan 2026, 01:35 PM
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Omnitex Industries (India) Limited announced that Mr. Chaitanya C. Kulkarni has resigned from his position as Company Secretary and Compliance Officer effective January 23rd, 2026, due to personal reasons. The company has duly informed BSE Limited about this personnel change in compliance with SEBI (LODR) Regulations, 2015. The resignation communication was signed by Managing Director Shyam Brahmadatt Bagrodia and includes all required regulatory disclosure details.

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Omnitex Industries (India) Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key personnel change in the company's leadership structure. The Mumbai-based textile company communicated this development to BSE Limited through a regulatory filing dated January 23rd, 2026.

Key Personnel Change

Mr. Chaitanya C. Kulkarni has resigned from his dual role as Company Secretary and Compliance Officer of Omnitex Industries (India) Limited. The resignation became effective from the closure of business hours on January 23rd, 2026. According to the company's official communication, the resignation was submitted due to personal reasons.

Regulatory Compliance Details

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with Part A of Schedule III of the said regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

Parameter: Details
Reason for Change: Resignation due to personal reasons
Effective Date: Closure of working hours of 23rd January, 2026
Nature of Change: Resignation
Regulatory Framework: SEBI (LODR) Regulations, 2015

Company Information

Omnitex Industries (India) Limited operates from its registered office at Sabnam House, Ground Floor, Plot No.A-15/16, Central Cross Road-B, MIDC, Andheri (E), Mumbai- 400093. The company is listed on BSE with scrip code 514324 and holds CIN: L17100MH1987PLC042391.

Management Communication

The resignation announcement was signed by Shyam Brahmadatt Bagrodia, Managing Director of the company, bearing DIN: 00812394. The communication was digitally signed and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai for regulatory compliance and record purposes.

Historical Stock Returns for Omnitex Industries India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-0.16%-0.38%+75.25%+127.71%+2,974.56%
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Omnitex Industries Receives BSE Approval for Promoter Reclassification

1 min read     Updated on 24 Dec 2025, 09:54 PM
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Omnitex Industries India has successfully obtained BSE approval for reclassifying four promoters to public shareholders, significantly altering its ownership structure. The approval, granted on December 18, 2025, reduces promoter holding from 42.53% to 38.08%, while four entities remain as promoters including Ashok Metharam Bhawnani and three other entities.

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Omnitex Industries India has received formal approval from BSE Limited for the reclassification of four promoters from the 'Promoter/Promoter Group' category to the 'Public' category under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

BSE Approval Process Completed

The company received a no-objection certificate from BSE Limited on December 18, 2025, following its application submitted on November 7, 2025. The approval covers the reclassification of four individuals who will transition from promoter status to public shareholders.

Reclassified Promoters: Details
Narendra Dalmia: Individual promoter
Manorma Dalmia: Individual promoter
Sangeeta Dalmia: Individual promoter
Gautam Narendra Dalmia: 18,980 shares (0.45%)

Remaining Promoter Structure

Following the reclassification, the promoter group will consist of four entities that retain their promoter status:

Remaining Promoters: Category
Ashok Metharam Bhawnani: Individual promoter
Gul Ramesh and Advani: Individual promoter
Sun-n-sand Investments and Finance Co. Private Limited: Corporate promoter
Sun-n-sand Hotel Private Limited: Corporate promoter

Impact on Shareholding Pattern

The reclassification will result in a significant change to the company's shareholding structure, with promoter holding decreasing and public holding increasing accordingly.

Shareholding Category: Pre-Reclassification (%) Post-Reclassification (%)
Promoter Holding: 42.53% 38.08%
Public Holding: 57.47% 61.92%

Regulatory Compliance

The company has fulfilled the regulatory requirements under Regulation 31A of SEBI LODR Regulations, 2015. BSE Limited has emphasized that the company must ensure compliance with subsequent relevant disclosures of material events related to this reclassification in accordance with applicable provisions.

The approval marks the completion of a regulatory process that began with the initial reclassification request, demonstrating the company's commitment to maintaining transparent shareholding structures and regulatory compliance.

Historical Stock Returns for Omnitex Industries India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%-0.16%-0.38%+75.25%+127.71%+2,974.56%
Omnitex Industries India
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1 Year Returns:+127.71%