Omaxe Limited — Updates, 16-06-2025: Press Release

Omaxe has announced a board meeting to discuss the financial results for the quarter and half-year. The company is expanding in Punjab with a Rs. 1,000 Cr investment in the New Amritsar township across 260 acres, focusing initially on 127 acres. Enhanced infrastructure like expressways and airport expansion boosts the project's appeal. The township offers residential plots, commercial spaces, and community amenities, with phased completion planned over four years, funded through internal accruals. This move strengthens Omaxe’s presence in a high-growth region.