StockWatch
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Residential- Commercial Projects
Subsidiary31 Oct 2026, 01:31 pm

Omaxe Incorporates Wholly Owned Subsidiary Omaxe Lucknow Bus Terminal Pvt Ltd

AI Summary

Omaxe Limited has announced the incorporation of its wholly-owned subsidiary, Omaxe Lucknow Bus Terminal Private Limited. This new entity, incorporated on October 30, 2026, in India, will focus on real estate activities, particularly projects under the Public-Private Partnership (PPP) model. Omaxe Limited has subscribed to 10,000 equity shares of ₹10 each, totaling ₹1,00,000, representing 100% of the subsidiary's equity share capital. This move is in continuation of Omaxe's earlier intimation dated October 26, 2026.

Key Highlights

  • Omaxe Limited incorporated a new wholly-owned subsidiary.
  • The subsidiary is named Omaxe Lucknow Bus Terminal Private Limited.
  • It will focus on real estate projects under PPP model.
  • Omaxe invested ₹1,00,000 for 100% equity stake.
  • Incorporation date is October 30, 2026.