Omaxe Limited has successfully completed the allotment of its fourth tranche of non-convertible debentures, raising ₹31.30 crore through private placement. The Debenture Issue & Allotment Committee approved this allotment on April 10, 2026, as part of the company's ongoing fundraising initiative.

Debenture Allotment Details

The fourth tranche comprises 313 unrated senior secured non-convertible debentures, each carrying a face value of ₹10,00,000. This allotment brings the cumulative total to 946 NCDs out of the approved issue size of 1,994 debentures.

Overall Issue Structure

The complete debenture program encompasses up to 1,994 NCDs with a total issue size of ₹199.40 crore. With the current allotment, Omaxe has successfully raised funds through 946 debentures, representing approximately 47.44% of the total approved issue size.

Financial Terms and Security

The debentures offer a committed return of 12.00% IRR for redemption from project cash flows. The tenure extends up to 54 months from the initial allotment date of July 16, 2025, with full redemption scheduled at the end of the tenor.

The NCDs are backed by comprehensive security arrangements including:

• Exclusive first charge by way of mortgage over project land, leasehold rights, and development share of Grand Omaxe and Rajguru & Bhagat Singh
• Exclusive first charge by way of hypothecation over all bank accounts, receivables, and current and non-current assets of the project
• Unconditional and irrevocable guarantees from key promoters including Mr. Rohtas Goel, Mr. Mohit Goel, and associated entities
• Additional security through exclusive first charge on Project Resort-A&B, Chandigarh assets

Risk Management Features

The debenture structure incorporates investor protection mechanisms, including a penalty provision of 3.00% IRR over and above the committed return in case of payment delays exceeding three months from the due date. The instruments will be redeemed in full at maturity for an amount equal to the issue price plus committed return and any additional return.

This fundraising initiative supports Omaxe's project development activities while providing investors with secured investment opportunities backed by tangible real estate assets and promoter guarantees.

Omaxe Limited has officially announced the naming of India's first Pink Stand after Harmanpreet Kaur at The Omaxe State Stadium in Dwarka through a regulatory filing and press conference. This groundbreaking initiative represents a significant milestone in sports infrastructure development, demonstrating the company's commitment to promoting inclusivity and creating welcoming spaces for women and families in the sporting arena.

Official Announcement and Regulatory Filing

The company made the announcement through a press release filed under Regulation 30 of SEBI LODR Regulations with both BSE and NSE exchanges. The press conference was held at the project site and attended by Harmanpreet Kaur, Mohit Goel (MD, Omaxe Ltd.), Avneet Soni (Business Head, Omaxe), and Biswabhusan Beura (Executive Director, Bentel).

Stadium Infrastructure and Design Partnership

The Harmanpreet Kaur Stand, also known as the Pink Stand, will be located in the North (Pavilion) Lower Bowl, offering some of the best seats in the stadium with close-up, elevated views of the field. Omaxe has appointed global design firm Bentel Associates International as the architecture and interior consultant for the commercial, hotel, and club components at The Omaxe State.

Comprehensive Development Vision

The Omaxe State is being developed as India's first 5-in-1 destination, bringing together sports, retail, hospitality, food, and social spaces within a single master plan. The project includes a 55,000 sq.mt. stadium block and a 30,000 sq.mt. indoor-outdoor sports centre connected through a large central plaza.

Tribute to Women's Cricket Achievement

Omaxe originally appointed Harmanpreet Kaur as its brand ambassador ahead of India's historic ICC Women's World Cup triumph in 2025. The stand naming makes her the first woman cricketer in India to have two stadium stands named after her, reflecting both her personal legacy and the growing stature of women's cricket in the country.

Inclusive Infrastructure and Future-Ready Design

The Pink Stand concept was developed in consultation with Harmanpreet Kaur, who provided inputs to shape better athlete-centric facilities within the stadium. The stadium will include dedicated dressing rooms, washrooms, and support facilities for women and para-athletes, along with premium amenities such as an infinity pool overlooking the stadium, café spaces, co-working areas, and dormitory facilities for student players.

The development incorporates AI-driven smart gates and security systems for efficient crowd control, with 11 dedicated entry and exit points planned. The stadium is designed keeping in mind India's long-term ambition of hosting international sporting events such as the Olympics, FIFA tournaments, Paralympics and Commonwealth Games.