Omaxe Limited has secured RERA registration certificate for its residential project 'Omaxe Royal Nest' in Ludhiana, Punjab, marking a significant regulatory milestone for the real estate developer. The company disclosed this development under Regulation 30 of SEBI LODR Regulations on April 22, 2026.

Project Registration Details

The Punjab Real Estate Regulatory Authority granted the registration certificate with number PBRERA-LDH44-PR1370-042026 for the Omaxe Royal Nest project. The development is strategically located near Omaxe Royal Residency on Pakhowal Road Thakkarwal in Ludhiana, Punjab-142022.

Regulatory Compliance and Business Impact

The RERA registration represents more than regulatory compliance for Omaxe Limited. According to the company's disclosure, this approval enables several critical business activities including legal authorization to sell, transfer, and advertise the project. The registration enhances credibility and transparency in customer dealings while ensuring timely project delivery and legal protection for potential buyers.

Strategic Significance

The company emphasized that RERA registration will strengthen its brand value and positively impact consolidated financial performance. The approval ensures compliance with real estate regulations while fostering buyer confidence through guaranteed transparency and legal protection. The Omaxe Royal Nest project is designed to cater to both domestic and international markets, expanding the company's reach beyond local buyers.

The registration remains valid until January 31, 2031, unless extended by Punjab RERA, providing Omaxe with a substantial timeframe to execute its sales and marketing strategy for the project. Complete project details are available on the Punjab RERA website at www.rera.punjab.gov.in .

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.