Nippon India Mutual Fund Acquires 7.29% Stake in Omnitech Engineering Limited

Nippon Life India Asset Management Limited has disclosed a significant acquisition in Omnitech Engineering Limited on behalf of Nippon India Mutual Fund. The transaction, completed through open market purchase, represents a substantial stake acquisition that triggered mandatory disclosure requirements under SEBI regulations. Acquisition Details The mutual fund acquired shares in Omnitech Engineering Limited on March 04, 2026, with the formal disclosure made on March 06, 2026. The acquisition details are summarized below: Parameter: Details Shares Acquired: 90,13,816 Percentage of Total Capital: 7.2888% Mode of Acquisition: Open Market Acquisition Date: March 04, 2026 Previous Holding: Nil Company Information Omnitech Engineering Limited's shares are listed on both major Indian stock exchanges. The company's current equity structure remains unchanged following this acquisition: Share Capital Details: Information Total Equity Capital: ₹61,83,30,100 Number of Shares: 12,36,66,020 Face Value per Share: ₹5 Listing Exchanges: NSE and BSE Regulatory Compliance The disclosure was made pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nippon India Mutual Fund, operating through Nippon Life India Trustee Limited, does not belong to the promoter or promoter group of Omnitech Engineering Limited. Mutual Fund Details Nippon India Mutual Fund is managed by Nippon Life India Asset Management Limited and operates from its registered office at 30th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai. The acquisition represents the fund's initial investment in Omnitech Engineering Limited, as it held no shares in the company prior to this transaction. The formal communication was sent to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited, fulfilling the mandatory disclosure requirements for substantial acquisitions in listed companies. Omnitech Engineering Limited has issued a formal intimation to stock exchanges confirming the continuation of its Company Secretary and Compliance Officer in accordance with regulatory requirements. The notification was submitted to both the National Stock Exchange Limited and BSE Limited as part of mandatory disclosure obligations. Key Appointment Details The company has confirmed that CS Bhoomi Manharbhai Vadhavana continues to serve in dual roles within the organization. Her appointment timeline and responsibilities are structured as follows: Position: Appointment Date Company Secretary: February 1, 2024 Compliance Officer: October 26, 2024 Professional Background and Qualifications CS Bhoomi Manharbhai Vadhavana brings substantial expertise to her roles at Omnitech Engineering Limited. Her educational credentials include a Bachelor's degree in Commerce from Sadguru Homsec & Commerce (E.M.) College, Rajkot, and a Master's degree in Commerce from Saurashtra University. She also holds an LL.B. degree from A.M.P Law College, Rajkot, Saurashtra University, and is an associate member of the Institute of Company Secretaries of India with membership number ACS-54468. Prior to joining Omnitech Engineering Limited, she gained valuable experience working with M/s S.M. Doshi & Associates as Assistant Company Secretary, Gokulam Lifescience Private Limited, and Aayush Group of Hospitals as Company Secretary. She brings approximately 7 years of experience in secretarial and legal compliance to her current position. Regulatory Compliance Framework The intimation was submitted under Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company provided comprehensive details as required under Regulation 30 of the same regulations, specifically adhering to Para A of Part A of Schedule III regarding changes in Key Managerial Personnel. Company Information Omnitech Engineering Limited, formerly known as Omnitech Engineering Private Limited, operates under CIN U26100GJ2021PLC124801. The company maintains its registered and corporate office at Plot No. 2500, Kranti Gate Main Road, GIDC Lodhika Industrial Estate, Kalawadd Rd, Metoda, Rajkot-360021 Gujarat, India, with an additional manufacturing facility at Plot No. 9 to 12, Shivam Ind Zone-6, RS No. 35 to 39, Village: Chhapara, Tal.: Lodhika, Rajkot-360021, Gujarat, India. The formal notification ensures compliance with stock exchange requirements and maintains transparency regarding key managerial personnel appointments within the organization. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. 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