Summary of Key Information:
Nature of Filing / Announcement: Consent of the Board for incorporation of a wholly owned subsidiary under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Date of Board Meeting / Approval: October 16, 2026
Meeting Duration: Commenced at 2:30 p.m. and concluded at 3:45 p.m.
Corporate Actions:
The Board of Directors approved the incorporation of a wholly owned subsidiary company (WOS) with the following details:
- Initial paid-up and subscribed share capital: ₹1,00,000 (Rupees One Lakh only)
- The Company will subscribe to the entire initial paid-up share capital
- Shares issued at par value
- Nature of consideration: Cash
- Percentage of shareholding/control: 100% shareholding and control
- The WOS will undertake project/s as may be identified from time to time
Business Details of Proposed Subsidiary:
- Industry: Real estate construction - development
- Business: Real estate construction - development
- Country of incorporation: India
- Holding company: Oberoi Realty Limited
- Relation with listed entity: Wholly owned subsidiary of Oberoi Realty Limited
Other Significant Information:
- The name of the entity will be made available by the concerned office of the Ministry of Corporate Affairs
- The subsidiary has not yet been incorporated (as of the date of this filing)
Date of signing: October 16, 2026 at 17:12:57 +05'30'