Subsidiary2 Jun 2026, 12:02 pm
Omaxe De-registers Foreign Subsidiary Rohtas Holding (Gulf) Limited
AI Summary
Omaxe Limited has announced the de-registration of its foreign wholly owned subsidiary, Rohtas Holding (Gulf) Limited, by the Jebel Ali Freezone Authority (JAFZA), Dubai. The subsidiary was de-registered due to non-operation of business. The company confirmed that this event will not have any material impact on its business operations or financial position, and it does not constitute the sale or disposal of any significant undertaking.
Key Highlights
- Rohtas Holding (Gulf) Limited was de-registered by JAFZA, Dubai, due to non-operation.
- The subsidiary contributed nil revenue and net worth to the company in the last financial year.
- Management confirms no material impact on the company's financial position or business operations.
- The event does not involve the sale or disposal of any significant business unit or undertaking.
Price Impact
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