WSB Partners, a real estate-focused investment firm, has invested ₹75 crore in Omaxe Group to fund residential plotted projects in Ujjain and Indore. This strategic move marks WSB's entry into Tier II markets, targeting high-growth areas with strong demand fundamentals and ongoing infrastructure development.

The investment will be primarily utilised as growth capital, with a portion allocated toward working capital and reserves. WSB Partners executed this transaction alongside its affiliates and co-investors, reinforcing its focus on partnering with established developers to capitalise on opportunities in Tier II and III markets.

Investment Rationale

Tier II and III cities are increasingly attracting institutional capital due to rising incomes, improving affordability, and significant infrastructure investments. Factors such as expanding industrial and spiritual corridors, enhanced connectivity, and evolving social infrastructure are creating self-sustaining local economies. Additionally, relatively lower real estate prices and limited supply of branded developments are accelerating end-user demand and absorption.

About the Investors

WSB Partners is a real estate-focused investment firm with a track record of investing across diverse markets and asset classes. Since 2013, the firm has committed approximately ₹4,000 crore in capital across more than 75 real estate investments. WSB Partners is backed by the family offices of Allcargo Group, Navneet Education Limited, Mahavir Agency, and BAsOil Advisory.

About Omaxe Group

Established in 1987, Omaxe is a leading real estate development entity listed on the National Stock Exchange of India Ltd. and BSE Ltd. since 2007. The group has delivered approximately 140.17 million sq. ft. of real estate across 31 cities in 8 states, including Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Rajasthan, Delhi, Uttarakhand, and Himachal Pradesh. Its diverse portfolio spans residential, commercial, and integrated township projects.

Omaxe Limited , in a regulatory filing dated May 15, 2026, informed the stock exchanges that its Board of Directors approved key auditor appointments at its board meeting held on the same date. The disclosures were made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Auditor Appointments at a Glance

The Board approved two appointments and noted one cessation, all effective May 15, 2026. The following table summarises the key changes:

Profile of Newly Appointed Cost Auditors

M/s S.K. Bhatt & Associates is a Cost Accountancy firm with more than 27 years of professional experience. The firm offers a broad range of services, including:

• Management Consultancy and GST Consultancy
• Tax matters and Cost Accounting Services
• Corporate law matters and Insolvency-related matters
• NCLT/NCLAT case filing and appearances
• Project finance and setting up projects on a turnkey basis
• Secretarial Services

The firm is professionally managed and comprises distinguished Cost Accountants, Corporate Financial Advisors, and Tax Consultants. Its team maintains regular interaction with industry and other professionals to stay current with contemporary developments.

Profile of Newly Appointed Internal Auditors

M/s Aditya V Agarwal & Company, Chartered Accountants, brings over 8 years of professional experience in audit, taxation, accounting, due diligence, CFO advisory, and compliance services. The firm serves more than 150 Indian clients and 25+ international clients across diverse industries and geographies, including the USA, Canada, Saudi Arabia, Singapore, and Vietnam. Supported by a team of 32 qualified professionals, the firm also possesses significant expertise in startup advisory, financial due diligence, and fundraising support.

Regulatory Compliance and Disclosure

The intimation was signed by D B R Srikanta, Company Secretary and Compliance Officer of Omaxe Limited, and has been made available on the company's website at www.omaxe.com , as well as on the websites of BSE Limited and the National Stock Exchange of India Limited. The filing confirms full compliance with the applicable SEBI disclosure requirements for changes in auditor appointments.