Omaxe Subsidiary Receives UP RERA Certificate for Commercial Project in Lucknow

1 min read     Updated on 24 Apr 2026, 07:46 AM
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Omaxe Limited's wholly-owned subsidiary Omaxe Garv Buildtech Private Limited has received UP RERA registration certificate for its Commercial-3 Block-3 project in Lucknow with registration number UPRERAPRJ787830/04/2026, valid until December 17, 2030. The approval enables legal sales, transfer, and advertising activities for the commercial project located in Sarojini Nagar, strengthening the company's market position and positively impacting consolidated financial performance.

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Omaxe Limited has achieved a significant regulatory milestone as its wholly-owned subsidiary, Omaxe Garv Buildtech Private Limited, received the RERA Registration Certificate from the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) for its Commercial-3 Block-3 project in Lucknow. The approval was granted with registration number UPRERAPRJ787830/04/2026 on April 23, 2026, marking an important step forward for the company's commercial real estate operations in Uttar Pradesh.

Project Registration Details

The UP RERA registration enables Omaxe's subsidiary to officially commence sales, transfer, and advertising activities for the Commercial-3 Block-3 project. The project is strategically located in Sarojini Nagar, Lucknow, situated on multiple Khasra numbers including 635(P), 2156(P), 2157(P), 2223(P), 2224(P), 2249(P), 2261(P), and 2262(P).

Project Specifications: Details
Project Name: Commercial-3 Block-3
Location: Sarojini Nagar, Lucknow, UP
Registration Number: UPRERAPRJ787830/04/2026
Launch Date: April 23, 2026
Validity Period: Until December 17, 2030
Category: Commercial
Market Focus: Domestic & International

Regulatory Compliance and Impact

The RERA registration certificate ensures compliance with real estate regulations and enhances the project's credibility in the market. According to the company's disclosure under Regulation 30 of SEBI LODR Regulations, 2015, this approval enables the wholly-owned subsidiary to legally market and sell the project while guaranteeing transparency and legal protection to potential buyers.

Strategic Business Benefits

The regulatory approval is expected to strengthen Omaxe's brand value and positively impact the consolidated financial performance of the company. The RERA registration certifies compliance with regulations, ensures timely delivery commitments, and fosters trust with buyers through guaranteed transparency and legal protection.

Business Impact: Benefits
Sales Authorization: Legal permission to sell, transfer, advertise
Market Credibility: Enhanced buyer confidence
Financial Impact: Positive effect on consolidated performance
Brand Value: Strengthened market position
Regulatory Status: Valid until December 17, 2030

This development represents Omaxe's continued expansion in the commercial real estate sector across key markets in Uttar Pradesh, demonstrating the company's commitment to regulatory compliance and project development excellence. The project details are available on the UP RERA website, ensuring transparency for potential investors and buyers.

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+1.06%+1.18%+23.92%+4.25%+8.52%+18.93%

How many additional commercial projects does Omaxe plan to launch in Uttar Pradesh following this RERA approval?

What is the expected revenue contribution from the Commercial-3 Block-3 project to Omaxe's overall financial performance by 2030?

Will Omaxe expand its international marketing efforts for commercial properties in other tier-2 cities across India?

Guild Builders Creates Non-Disposal Undertaking on 3.53 Crore Omaxe Shares

2 min read     Updated on 23 Apr 2026, 04:56 PM
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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.

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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 Day5 Days1 Month6 Months1 Year5 Years
+1.06%+1.18%+23.92%+4.25%+8.52%+18.93%

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?

More News on Omaxe

1 Year Returns:+8.52%