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Omaxe acquires stake in M/s Secure Properties

16 Mar 2024 Evaluate

Omaxe has acquired 16,99,670 Equity Shares of Rs 10 each representing 34.55% of the Paid-up Equity Share Capital of M/s Secure Properties. Further, the company has subscribed 3,500 Equity Shares of Rs 10 each representing 35% Paid Up Equity Share Capital of Omaxe Be Together Amausi Busport. 

The company has also subscribed 3,500 Equity Shares of Rs 10 each representing 35% Paid Up Equity Share Capital of Omaxe Be Together Ayodhya Dham Busport. Consequently, all the above-mentioned entities shall become the Associate Companies of Omaxe. 

Omaxe is an India-based company engaged in real estate and infrastructure businesses. The Company operates in two segments Real estate and Construction.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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