Omaxe merger & restructuring announcements

Merger & RestructuringOmaxe Ltd OMAXE

Omaxe Merger & Restructuring Worth ₹0.01 Cr

Omaxe Limited approved incorporating a wholly owned subsidiary for real estate PPP projects. The subsidiary's subscription cost is Rs 1,00,000 for 100% equity.

Value

₹0.01 Cr

Merger & RestructuringOmaxe Ltd OMAXE

Omaxe Merger & Restructuring Worth ₹0.08 Cr

Omaxe Ltd's subsidiary, Dinkar Realcon, sold its 40% stake in Aquarise Developers Private Limited for ₹0.08 Crore. This transaction is considered a related party deal.

Value

₹0.08 Cr

Merger & RestructuringOmaxe Ltd OMAXE

Omaxe Merger & Restructuring

Omaxe Limited's wholly-owned subsidiary, Rohtas Holding (Gulf) Limited, has been de-registered in Dubai due to non-operation. The closure will not materially impact the company's financial position.