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Omaxe ltd. is in the business of developing real estate properties for residential, commercial and retail purposes with a presence across 27 cities in 8 states of India. It has undertaken various projects in the areas of contractual construction, township development, building of commercial complexes, multi-storied apartments, etc.
Omaxe Limited has informed the Exchange regarding update on resignation of Senior Management Personnel.
Omaxe will hold its 37th Annual General Meeting. The FY25-26 Annual Report is now accessible online for investors. Shareholders are reminded to update KYC details and dematerialize physical securities, with a special window open for physical share transfers.
Omaxe has launched a dedicated hospitality vertical, investing Rs. 6,200 Cr over 4-5 years to develop 19 hotels. This expansion aims to generate Rs. 1,000 Cr annual revenue, strengthening recurring income streams.
Omaxe Group secures ₹75 Cr investment from WSB Partners. This capital will fund residential plotted projects in high-growth Tier II markets, Ujjain and Indore, boosting growth and supporting working capital needs.
Omaxe Group invests Rs 250 Cr in its 'Omaxe Cassia' residential project in Lucknow. The project of 360 units has already sold nearly 300 homes, indicating strong market demand and positive revenue outlook.