Omaxe has further acquired remaining 25% equity shares in its subsidiary company namely ‘Omaxe World Street’, in which the Company had pre-acquisition holding of 75% of the Equity Share Capital. Consequently, the above mentioned company has become wholly owned subsidiary of Omaxe with effect from December 07, 2023.
Earlier, the company had acquired remaining 25% equity shares in its subsidiary companies namely ‘PP Devcon’ and ‘Sri Balaji Green Heights’, in which the Company had pre-acquisition holding of 75% of the Equity Share Capital.
Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.
