Oberoi Realty has invested ₹268.50 crore in its wholly owned subsidiary, Centerstage Realty Private Limited, to fund the development of a railway land project in Bandra East, Mumbai. The investment, made on June 9, 2026, involves the subscription of 26,85,00,000 equity shares of ₹10 each at par value on a rights basis. This capital infusion ensures the subsidiary meets the minimum paid-up share capital requirement of ₹268.50 crore specified in the bid document for the project.

Centerstage Realty Private Limited was incorporated on June 2, 2026, as a special purpose vehicle (SPV) to execute the project. The SPV will exclusively carry out the development of approximately 45,371 sq. mt. (approx. 11 acres) of railway land adjoining the Western Express Highway. The lease for the land, granted for 99 years by the Railway Land Development Authority (RLDA), will be executed in favor of the SPV.

Prior to this investment, Oberoi Realty had paid ₹247.50 crore to the RLDA within 30 days of the issue of the letter of demand. The company's bid for the lease had emerged as the highest, as communicated in earlier letters dated February 4 and February 5, 2026. The project falls under the real estate construction and development industry.

The acquisition of shares in Centerstage Realty Private Limited was completed on June 9, 2026, through a cash consideration. The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Master Circular dated January 30, 2026.

Key Details of the Investment

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE093I01010/f6206570b92b4992.pdf

Vikas Oberoi, Promoter of Oberoi Realty Limited , has confirmed that he and persons acting in concert (PACs) did not create any encumbrance on their shareholding during the financial year ended March 31, 2026. This disclosure ensures that the promoter group's holdings remain unpledged, which is critical for shareholder confidence regarding ownership stability and corporate governance standards.

The declaration was submitted to BSE Limited and National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that, other than previously disclosed information, no new encumbrances were made directly or indirectly by the promoter or the PACs during FY26.

The disclosure covers Vikas Oberoi and four other entities classified under the promoter group. The list includes R S Estate Developers Private Limited and individual family members associated with the promoter group.

The filing was addressed to the Audit Committee of Oberoi Realty Limited and the listing departments of both stock exchanges. The confirmation of unencumbered shares is a mandatory requirement under the Takeover Code to provide transparency regarding the financial standing of key shareholders.