Shareholding22 Sept 2026, 12:06 pm
Negen Funds Acquire 8.66% Stake in Om Galaxy via IPO
AI Summary
Negen Undiscovered Value Fund (NUVF) and YR Investment Opportunities Fund (YRIOF), managed by Negen Capital Services Private Limited, have collectively acquired an 8.66% stake in Om Galaxy Limited. This acquisition, totaling 29,32,800 equity shares, occurred through the Initial Public Offer (IPO) on the BSE SME Exchange. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, on a prudential basis, aggregating holdings of entities under common management. The total post-issue equity share capital of Om Galaxy Limited stands at 3,38,78,024 shares.
Key Highlights
- Negen funds acquired 8.66% stake in Om Galaxy Limited.
- Acquisition was made through the company's Initial Public Offer.
- Total shares acquired amount to 29,32,800 equity shares.
- The stake represents entities under common management.
- Disclosure made under SEBI Takeover Regulations.
Price Impact
More from OMG