Omaxe Limited promoter Guild Builders Private Limited has revoked the pledge on 77,31,000 equity shares, representing 4.23% of the company's total share capital. The off-market revocation was executed in the depository system on September 29, 2026.

This disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The action reduces the encumbrance on the promoter group's holding, although their overall voting rights remain unchanged at 63.57%.

Details of shareholding changes

The revocation affects only the shares previously held as encumbrance. The total number of equity shares held by Guild Builders Private Limited and its Persons Acting in Concert (PACs) remains constant. The table below outlines the shift from pledged to unencumbered status.

Promoter group structure

Guild Builders Private Limited acts as the acquirer, with several entities and individuals classified as PACs. These include Rohtaas Goel, Sushma Goel, Rohtas Goel (HUF), Mohit Goel, Jatin Goel, NJS Developers Private Limited, Girvardhari Infra Trade Pvt. Ltd., VSG Builders Private Limited, Dream Home Developers Pvt. Ltd., Annay Realtors Pvt. Ltd., Jai Bhagwan Goel, Rekha Goel, and Nakul Goel.

What the numbers show

The revocation signifies a reduction in financial leverage or collateral requirements for the promoter entity, as 4.23% of Omaxe's total diluted share capital is no longer pledged. While the absolute number of shares held by the promoter group remains stable at 11,62,73,971, the removal of encumbrance improves the quality of the promoter's holding by eliminating potential forced sale risks associated with the pledged portion.

Omaxe Limited announced that all resolutions proposed at its 37th Annual General Meeting, held on September 25, 2026, were passed with the requisite majority. The virtual meeting focused on adopting FY26 financial statements and approving key governance matters.

Voting outcomes detailed

The scrutinizer's report confirmed strong shareholder support for all agenda items. The adoption of standalone and consolidated financial statements for FY26 received 99.996% votes in favor. Similarly, the re-appointment of Vinit Goyal (DIN: 03575020), who retired by rotation, was approved with 99.996% support.

The ratification of remuneration for cost auditors M/s S.K. Bhatt & Associates for FY27 also passed with 99.996% in favor. The special resolution regarding Chairman Rohtaas Goel’s remuneration, which may exceed 50% of total annual remuneration payable to other non-executive directors, was approved with 99.994% votes in favor.

Virtual proceedings and compliance

The meeting was conducted through Video Conferencing and Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. Due to the absence of Chairman Rohtaas Goel within the stipulated time, Vinit Goyal was elected as the Chairperson of the AGM. The statutory and secretarial auditors' reports for FY26 were unqualified, indicating no material adverse remarks or qualifications affecting the company's functioning.

Remote e-voting was available from September 22 to September 24, 2026. Members who did not vote remotely could cast their votes electronically during the meeting. M/s Sandeep & Associates served as the scrutinizer to ensure a fair voting process. The combined results were declared on September 25, 2026.