Pursuant to the provisions of Regulation 30 of the SEBI LODR Regulations, 2015, Omaxe has informed that Omaxe New Chandigarh Developers, a Wholly Owned Subsidiary of the company, has successfully raised Rs. 431 Crore by issuance and allotment of 43,100, Unlisted, Senior, Secured, Redeemable Non- Convertible Debentures (‘NCDs’) of face value Rs. 1 Lakh each through private placement. The funds have been raised from ‘OCM INDIA OPPORTUNITIES XII ALTERNATE INVESTMENT FUND SCHEME I’. The copy of this intimation is also being available on Company’s website www.omaxe.com and on the website of Stock Exchanges: www.nseindia.com and www. bseindia.com.
The above information is a part of company’s filings submitted to BSE.
