Omaxe will make disinvestment in its Wholly Owned Subsidiary Company Omaxe Infrastructure and Construction by way of sale of 1,00,00,000 equity shares having face value of Rs 10 each of the aforementioned Subsidiary Company. The board of directors of the company at a meeting held on March 28, 2013 decided for the same.
Omaxe is one of the leading real estate developers in India focused on developing world-class residential and commercial properties all over the country.