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Sunday, March 13, 2011

Omaxe Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Omaxe Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : March 11, 2011
Name of the Company : Omaxe Ltd
Total no of outstanding shares of the Company : 17,35,67,000

Name of the Entity: S A Finvest Ltd

Details of Transaction
Date of Transaction : March 05, 2011
Number of Shares Pledged : 10,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 3,49,99,500
Total No of shares pledged : 1,55,00,518
% of total shares pledged to total no of shares held by the entity in the Company : 44.28%
% of shares pledged to total no of outstanding shares of the Company : 8.93%*

*In earlier disclosures the Company had informed that M/s S A Finvest Ltd had pledged 1,45,00,518 Equity Shares constituting 8.35% of the Company held by it. Now 10,00,000 shares constituting 0.58% of the outstanding shares of the Company has been released from pledge. Therefore the total % of shares pledged by S A Finvest Ltd to the total no of outstanding shares of the Company is 8.93% (8.35% + 0.58%) till date.Read More

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