Other Corporate Update
Nature of Update
Omaxe Limited has incorporated a new wholly owned subsidiary company named Omaxe Lucknow Bus Terminal Private Limited.
Key Operational or Strategic Points
- The subsidiary was incorporated on October 30, 2026 with CIN U681OODL2026PTC471993 in India
- The company will undertake real estate-related activities, particularly projects under the Public-Private Partnership (PPP) model
- Omaxe Limited is the holding company and holds 100% ownership of the subsidiary
- Required regulatory approval was obtained from the Registrar of Companies (ROC), Ministry of Corporate Affairs (MCA)
- The subsidiary operates in the real estate industry
Material Financial Impact
- Subscription of 10,000 equity shares with face value of ₹10 each, totaling ₹1,00,000 (Rupees One Lakh only)
- Payment made through banking channel
- This represents 100% of the total equity share capital of the subsidiary
- The investment amount of ₹1 lakh is not material to Omaxe Limited's financial position