Omaxe Limited , a prominent player in the Indian real estate sector, has announced the transfer of its entire 40% equity shareholding in Aquarise Developers Private Limited to its step-down wholly owned subsidiary, Dinkar Realcon Private Limited. The transaction was completed on December 18, 2025, through a Sale and Purchase of Shares Agreement.

Transaction Overview

The company disclosed this information to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

About the Buyer

Dinkar Realcon Private Limited, the acquiring entity, is a step-down wholly owned subsidiary of Omaxe Limited. The company is incorporated under the Companies Act 2013 with CIN U45200DL2008PTC176676 and has its registered office at 10, Local Shopping Complex, Kalkaji, New Delhi. Dinkar Realcon is engaged in the real estate and construction business.

Impact on Corporate Structure

Following this transaction, Aquarise Developers Private Limited will become an associate company of Dinkar Realcon Private Limited, which remains a step-down wholly owned subsidiary of Omaxe Limited. This internal restructuring maintains Omaxe's indirect control over Aquarise Developers while reorganizing the ownership structure.

Original Acquisition Context

Omaxe had initially acquired the 40% stake in Aquarise Developers through subscription of equity shares, positioning the company as an associate in the building and construction sector.

Regulatory Compliance

The transaction has been classified as a related party transaction conducted at arm's length basis between Omaxe Limited and its step-down wholly owned subsidiary. The company has confirmed that the sale does not fall outside any Scheme of Arrangement and complies with applicable regulations. The disclosure has been made available on the company's website at www.omaxe.com and on the websites of both stock exchanges.

Omaxe Limited , a prominent real estate developer, has announced the completion of its acquisition of two real estate companies. The company has acquired 100% equity shareholding in Next10 Realbuild Private Limited and Next10 Land Developers Private Limited.

This strategic move aligns with Omaxe's earlier disclosure and maintains all previously provided information without changes. The completion of this acquisition marks a significant step in Omaxe's expansion strategy within the real estate sector.

While specific financial details of the transaction were not disclosed, this acquisition is expected to strengthen Omaxe's position in the market and potentially expand its project portfolio.

Recent Financial Performance

Omaxe Limited has been facing financial challenges in recent quarters. According to the company's latest financial results:

All figures in Rs. crore

Industry Context and Future Outlook

The real estate sector has been facing headwinds, and Omaxe's financial performance reflects these challenges. However, the company's move to acquire these two entities may be seen as a strategic effort to consolidate its market position and potentially improve its financial outlook in the long term.

Investors and stakeholders will be watching closely to see how these acquisitions impact Omaxe's future performance and whether they contribute to a turnaround in the company's financial results.