Date: September 29, 2026
Regulatory Disclosure Context
The disclosure is made in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, regarding an indirect acquisition of voting rights by Mehta Family Trust in Saurashtra Cement Limited.
Ownership & Voting Rights Change
- Acquirer: Mehta Family Trust (Promoter)
- Transaction Type: Inter-se Transfer by virtue of SEBI order
- Effective Date: September 24, 2026 (Transaction Date), September 29, 2026 (Disclosure Date)
- Mechanism: Acquisition of 50.04% profit-sharing ratio in Omna Enterprises LLP upon admission as a partner
- Voting Rights Acquired: 1,05,22,431 equity shares, representing 9.46% of total voting rights
- SEBI Exemption Order: Dated July 14, 2026, bearing reference number WTM/KCV/CFD/06/2026-27
- Nature of Transaction: Internal reorganization within the promoter family
Current Shareholding Structure
- Omna Enterprises LLP holds 1,05,22,431 equity shares in Saurashtra Cement Limited (9.46% of equity share capital and voting rights)
- Mehta Family Trust also continues to hold 100 equity shares directly in the Target Company
- The shares continue to be registered in the name of Omna Enterprises LLP (an existing promoter entity)
- The indirect beneficial interest and corresponding voting rights stand consolidated in favor of Mehta Family Trust
Impact Assessment
- No change in the share capital of Saurashtra Cement Limited
- No change in the aggregate voting rights of the company
- No change in the aggregate promoter and promoter group shareholding
- No change in public shareholding
- The transaction represents a consolidation of existing promoter holdings under Mehta Family Trust
Derivatives Trading
- No trading in derivatives on the securities of the company reported