Omaxe Limited has informed the Exchange regarding completion of sale of Subsidiary.
OMAXE · price
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Omaxe Limited has completed the sale of its entire 100% equity stake in its wholly owned subsidiary, Landlord Developers Private Limited (LDPL), on August 5, 2025. With this sale, LDPL has ceased to be a subsidiary of Omaxe Limited effective from the same date. The transaction was carried out on the same terms and conditions that were previously disclosed in earlier intimations dated March 28, 2025, June 2, 2025, and July 31, 2025. The exact sale consideration or financial details of the deal have not been mentioned in this intimation.
The divestiture simplifies Omaxe's corporate structure by removing LDPL from its consolidated operations. The impact on earnings or cash flows for shareholders depends on the sale consideration, which was disclosed in earlier filings and not repeated here. Investors should refer to prior intimations for valuation details.