This is to inform you that a share subscription and purchase agreement dated 20th June 2023 has been entered into between the Company, certain existing shareholders of the Target Company and other parties, the Target Company and Hella Infra Market Private Limited ('Acquirer'). Pursuant to the SSPA, inter alia, the Acquirer has agreed to acquire equity shares of the Target Company from certain existing shareholders of the Target Company, including 7,45,098 equity shares held by the Company, at a price of INR 1,722.25 per equity share. As a result of this, the Company would receive an aggregate consideration of INR 128,32,45,030.50 for sale of its stake in the Target Company. Further, if the closing is not achieved within specified timelines, the Acquirer is required to pay interest to the sellers (including the Company) at the rate of 9% per annum for the period of delay in the manner agreed between the parties.

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Omnitex Industries (India) Ltd.

31 May 2023

397.00

1.77%

Annual Report

Annual report for Omnitex Industries (India) Ltd. for FY-2023

None

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Omnitex Industries (India) Ltd.

30 May 2023

397.00

1.77%

Company Update

OMNITEX INDUSTRIES (INDIA) LTD. - 514324 - Undertaking Regarding Non-Applicability Of Statement For Deviation(S) Or Variation(S) …

BSE India

Pursuant to Regulation 32 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015 and in compliance with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24th December, 2019, it is hereby confirmed by the Company that Regulation 32 of Statement for Deviation(s) or Variation(s) under SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015 is not applicable to the Company for the year ended 31st March, 2023.

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Omnitex Industries (India) Ltd.

30 May 2023

397.00

1.77%

Result

OMNITEX INDUSTRIES (INDIA) LTD. - 514324 - Financial Results For The Quarter And Year Ended 31St …

BSE India

Financial Results for the quarter and year ended 31st March, 2023.

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Omnitex Industries (India) Ltd.

30 May 2023

397.00

1.77%

Board Meeting

OMNITEX INDUSTRIES (INDIA) LTD. - 514324 - Board Meeting Outcome for Outcome Of Board Meeting Held …

BSE India

Outcome of Board Meeting held on May 30, 2023.

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Omnitex Industries (India) Ltd.

22 May 2023

397.00

1.77%

Board Meeting

OMNITEX INDUSTRIES (INDIA) LTD. - 514324 - Board Meeting Intimation for Intimation Of Board Meeting To …

BSE India

OMNITEX INDUSTRIES (INDIA) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2023 ,inter alia, to consider and approve Notice is hereby given that pursuant to the provision of Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") the next meeting of the Board of directors of the Company to be held on Tuesday, 30th May, 2023 at the registered office of the company situated at 'Sabnam House', Ground Floor, Plot No A-15/16, Central Cross Road-B, MIDC, Andheri (East), Mumbai- 400093 at 04.00 P.M. to consider and approve the following: 1. Audited Financial Statements for the quarter and year ended 31st March, 2023 along with Auditors Report. 2. Any other business with the permission of chair.

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Omnitex Industries (India) Ltd.

02 May 2023

397.00

1.77%

Company Update

OMNITEX INDUSTRIES (INDIA) LTD. - 514324 - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / …

BSE India

Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III of the said regulations, this is to inform you that Ms. Karishma Waghela has resigned from the post of Company Secretary and Compliance Officer of the Company with effect from closure of the business hours of 02nd May, 2023 due to personal reasons.

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Is Omnitex Industries (India) Ltd. worth buying?

9 Votes:

Buy 66.67%

Sell 11.11%

Hold 22.22%