Promoter Mehta Family Trust indirectly acquires 9.46% voting rights via Omna Enterprises LLP

Mehta Family Trust (promoter) has shared a Reg 29(2) SAST disclosure.

Tue 29 Sep 2026

Profit Sharing Ratio Acquired

50.04% in Omna Enterprises LLP

Indirect Voting Rights Acquired

1,05,22,431 shares = 9.46% of company

Transaction Date

24 September 2026

Equity Share Capital

INR 1,11,28,72,800 (11,12,87,280 shares of INR 10)

SEBI Exemption Order Date

July 14, 2026

What was shared

Mehta Family Trust, classified as a promoter, submitted a disclosure under Regulation 29(2) of the SEBI (SAST) Regulations, 2011 to the company, BSE and NSE.

What happened

• The Trust was admitted as a partner in Omna Enterprises LLP on September 24, 2026, acquiring a 50.04% profit sharing ratio in Omna.
• Omna holds 1,05,22,431 equity shares of Saurashtra Cement, representing 9.46% of its equity share capital and voting rights.
• Through this, the Trust indirectly acquired voting rights corresponding to those shares.
• The Trust also continues to hold 100 equity shares directly, which is 0.00% of capital.

Before and after

• Before: shares carrying voting rights 100 (0.00%).
• Acquired: voting rights otherwise than by equity shares 1,05,22,431 (9.46%).
• After: 100 shares directly plus 9.46% voting rights held indirectly.

Basis of the transaction

The acquisition was undertaken pursuant to an exemption granted by SEBI by order dated July 14, 2026. The shares continue to be registered in the name of Omna, an existing promoter entity, while the indirect beneficial interest and corresponding voting rights stand consolidated in favour of Mehta Family Trust.

Capital position

Equity share capital both before and after remains INR 1,11,28,72,800, consisting of 11,12,87,280 equity shares of INR 10 each. Diluted voting capital is the same.

How investors may read it

This is described as part of an internal reorganisation within the Mehta family. As recorded in the SEBI order, it does not result in any change in control or management, and there is no change in issued share capital, aggregate promoter and promoter group holding, or public shareholding.

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