Guild Builders Creates Non-Disposal Undertaking on 3.53 Crore Omaxe Shares
Guild Builders Private Limited, Omaxe's holding company, has created a Non-Disposal Undertaking on 3,52,57,799 equity shares (19.28% of total capital) in favor of Catalyst Trusteeship Limited. The NDU was created on April 15, 2026, for borrowings by step down subsidiary through NCDs. With this latest encumbrance, Guild Builders' total encumbered shares reach 4,99,05,466, representing 27.29% of Omaxe's total share capital.

*this image is generated using AI for illustrative purposes only.
Guild Builders Private Limited, the holding company of Omaxe Limited, has created a Non-Disposal Undertaking (NDU) on a significant portion of its shareholding in the real estate company. The official disclosure was made on April 23, 2026, pursuant to Regulation 31(1) & 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
NDU Creation Details
The NDU has been created in favor of Catalyst Trusteeship Limited and covers 3,52,57,799 equity shares of Omaxe Limited. This represents a substantial 19.28% of the company's total share capital and voting rights. The encumbrance was created on April 15, 2026, with the formal disclosure communicated to stock exchanges on April 23, 2026.
| Parameter: | Details |
|---|---|
| NDU Creation Date: | April 15, 2026 |
| Number of Shares: | 3,52,57,799 |
| Percentage of Total Capital: | 19.28% |
| Beneficiary Trustee: | Catalyst Trusteeship Limited |
| Lender: | WSB Real Estate Partners and its affiliates |
| Purpose: | Borrowings for step down WOS via NCDs |
Comprehensive Promoter Holdings Structure
The official disclosure reveals the complete shareholding pattern of Guild Builders Private Limited and other promoter entities. Guild Builders Private Limited holds the largest stake among promoter group entities with 11,62,73,971 shares representing 63.57% of total share capital.
| Promoter Entity: | Shares Held | % Holding |
|---|---|---|
| Guild Builders Pvt. Ltd.: | 11,62,73,971 | 63.57% |
| Dream Home Developers Pvt. Ltd.: | 89,25,117 | 4.88% |
| Mr. Rohtaas Goel: | 45,50,120 | 2.49% |
| Ms. Sushma Goel: | 8,79,060 | 0.48% |
| Mr. Mohit Goel: | 15,33,250 | 0.84% |
| Mr. Jatin Goel: | 15,33,250 | 0.84% |
Encumbrance History and Current Status
With the latest NDU creation, Guild Builders Private Limited now has total encumbered shares of 4,99,05,466, representing 27.29% of the total share capital. The company previously had pledges created in favor of Venus India Asset-Finance Pvt. Ltd. and Rama Shankar Khemka.
| Encumbrance Type: | Creation Date | Shares Encumbered | % of Capital | Beneficiary |
|---|---|---|---|---|
| Pledge: | Aug 28, 2017 & Sep 30, 2023 | 1,26,36,667 | 6.91% | Venus India Asset-Finance Pvt. Ltd. |
| Pledge: | Oct 03, 2017 | 77,31,000 | 4.23% | Rama Shankar Khemka |
| NDU (Latest): | Apr 15, 2026 | 3,52,57,799 | 19.28% | Catalyst Trusteeship Limited |
| Total Encumbered: | - | 4,99,05,466 | 27.29% | - |
Fund Utilization Purpose
The NDU has been created for borrowings availed by step down wholly owned subsidiary in the form of issuance of Non-Convertible Debentures. The disclosure indicates this is part of the company's financing strategy for its subsidiary operations and expansion activities.
The disclosure was signed by Shaha Nawaz, Director of Guild Builders Private Limited (DIN: 09266490), and communicated to both BSE Limited and National Stock Exchange of India Limited. Despite the significant encumbrance, there is no change in the overall promoter group control structure of Omaxe Limited.
Historical Stock Returns for Omaxe
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.58% | -8.81% | +2.89% | +3.09% | +0.97% | -6.14% |
How might the 27.29% total encumbrance on Guild Builders' shareholding affect Omaxe's ability to pursue major strategic initiatives or acquisitions?
What potential risks could arise if WSB Real Estate Partners or other lenders decide to enforce their rights on the pledged shares?
Will the step-down subsidiary's NCD issuance strategy signal a broader shift toward debt financing for Omaxe's real estate projects?


































