Omaxe Limited — JV/Acquisition, 28-03-2025: Acquisition
28-03-2025 · 06:50 pm
Omaxe Limited has acquired a total of 7,600 equity shares, representing a 76% stake in Omaxe Capital Development Private Limited, making it a wholly owned subsidiary. This includes the purchase of 5,200 shares from Mr. Mohit Goel and 2,400 shares from Be Together Developers Private Limited, both at a price of ₹6.64 each, totaling ₹50,464. The acquisition aligns with Omaxe's strategic growth plans, leveraging the target's potential in the real estate sector, although no immediate material impact is anticipated.
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