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Legal7 April 2026 at 07:17 am

No Applicability of Regulation 31(4) & 31(5) for Omkar Overseas Ltd as No Identifiable Promoter Exists

AI Summary

Omkar Overseas Limited, with the scrip code 531496, has declared that the provisions of regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, are not applicable to the company. This is due to the fact that there is no identifiable promoter of the company as of 31st March, 2026, complying with the regulations.

Key Highlights

  • Omkar Overseas Ltd declares non-applicability of Regulation 31(4) & 31(5) under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • No identifiable promoter found in the company as of 31st March, 2026
  • The decision is in compliance with the regulations
  • The announcement is intended for record-keeping purposes