Omaxe Completes Divestment of Landlord Developers Private Limited
Omaxe Limited has completed the divestment of its wholly-owned subsidiary, Landlord Developers Private Limited (LDPL), on August 5, 2025. Simultaneously, Omaxe's subsidiary, Omaxe New Chandigarh Developers Private Limited, received RERA registration for its 'World Street West Zone' project in New Chandigarh, Punjab. The RERA registration, valid until December 11, 2029, allows the company to sell and advertise the commercial project.

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Omaxe Limited has announced the completion of its divestment of Landlord Developers Private Limited (LDPL), marking a significant move in its corporate strategy. The company confirmed the finalization of the transaction in a regulatory filing to the stock exchanges on August 5, 2025.
Divestment Details
Omaxe has sold its entire 100% equity shareholding in LDPL, which was previously a wholly-owned subsidiary of the company. The sale was executed on the same terms and conditions as disclosed in earlier intimations to the stock exchanges. As a result of this transaction, LDPL has ceased to be a subsidiary of Omaxe Limited effective August 5, 2025.
Background of the Transaction
The divestment process was first announced on March 28, 2025, with subsequent updates provided on June 2 and July 31, 2025. This strategic move aligns with Omaxe's ongoing efforts to streamline its operations and optimize its corporate structure.
Other Corporate Developments
In a separate announcement on the same day, Omaxe revealed that its wholly-owned subsidiary, Omaxe New Chandigarh Developers Private Limited, has received a RERA (Real Estate Regulatory Authority) Registration Certificate for one of its projects. The project, named 'World Street West Zone,' is located in New Chandigarh, Tehsil Kharar, District SAS Nagar, Punjab.
RERA Registration Details
Item | Details |
---|---|
Project Name | World Street West Zone |
Launch Date | August 6, 2025 |
Category | Commercial (Built-up) |
Market | Domestic & International |
RERA Registration Number | PBRERA-SAS80-PC0370 |
Validity | Until December 11, 2029 (unless extended) |
The RERA registration is expected to enhance the project's credibility, ensure timely delivery, and foster trust with buyers by guaranteeing transparency and legal protection. This approval enables Omaxe New Chandigarh Developers Private Limited to sell, transfer, or advertise the project, potentially strengthening Omaxe's brand value and positively impacting its consolidated financial performance.
These developments underscore Omaxe's commitment to strategic growth and regulatory compliance in the real estate sector. Investors and stakeholders will likely keep a close watch on how these moves affect the company's future performance and market position.
Historical Stock Returns for Omaxe
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-1.64% | -2.91% | -10.99% | +2.26% | -25.61% | +28.60% |