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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Overview

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.

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+0.55%+2.39%+0.11%+2.80%+110.24%+2,061.94%
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Omnitex Industries Promoter Ashok Metharam Bhawnani Reduces Stake Through Open Market Sale

1 min read     Updated on 12 Dec 2025, 12:01 PM
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Reviewed by
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Overview

Ashok Metharam Bhawnani, promoter of Omnitex Industries (India) Limited, sold 500 shares through open market transactions on December 10, 2025, reducing his shareholding from 21.98% to 21.97%. The transaction represents 0.01% of the company's total share capital and was disclosed under SEBI regulations. The company's equity capital structure remains unchanged at 4,204,100 shares of ₹10.00 each.

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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:

Parameter: Details
Transaction Date: December 10, 2025
Mode of Transaction: Open Market
Shares Sold: 500 shares
Percentage of Total Capital: 0.01%
Acquirer Category: Promoter Group

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:

Holding Period: Number of Shares Percentage Holding
Before Transaction: 924,380 shares 21.98%
After Transaction: 923,880 shares 21.97%
Change: -500 shares -0.01%

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.

Historical Stock Returns for Omnitex Industries India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.55%+2.39%+0.11%+2.80%+110.24%+2,061.94%
Omnitex Industries India
View Company Insights
View All News
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1 Year Returns:+110.24%