Transactions Worth Rs 3,000 Crore Detected After I-T Raid On Omaxe Group
The income tax department has gathered "evidence" that Omaxe group allegedly indulged in "unaccounted" cash transactions with customers22-03-2022
22-03-2022
I-T dept conducts searches at Omaxe group in several cities: Report
Omaxe Group shares were trading 2.27 per cent lower at Rs 86.20 apiece on BSE around noon.14-03-2022
OMAXE LTD. - 532880 - Announcement under Regulation 30 (LODR)-Meeting Updates
Dear Sir/ Madam, This is to inform you that the Board of Directors, at its meeting held today i.e. February 19, 2022, at the recommendation of Nomination & Remuneration Committee and Audit Committee, has inter-alia, designated Mr. Atul Banshal- Director Finance as Whole Time Key Managerial Personnel (KMP) of the Company with immediate effect. The required information pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 are enclosed herewith.19-02-2022
OMAXE LTD. - 532880 - Closure of Trading Window
Dear Sir/Madam, Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and pursuant to the Code of Conduct of the Company, the 'Trading Window' for dealing in the securities of the company shall remain closed for all the Directors, Promoters, Designated Employees and Connected Persons with effect from February 19, 2022 till closing of business hours on February 21, 2022. The necessary intimation has been given to all the Designated and Connected persons.19-02-2022
OMAXE LTD. - 532880 - Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the intimation for appointment of Forensic Auditor by SEBI to carry out forensic audit with respect to the financial statements of the Company. This is for your information & records.18-02-2022
OMAXE LTD. - 532880 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Dear Sir/Madam, Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copies of the newspaper publication in respect of Unaudited Financial Results of the Company for quarter & nine months ended on December 31, 2021. The aforesaid Newspaper Publications are also uploaded on Company''s website i.e. www.omaxe.com, You are requested to take the same on your records.15-02-2022
Q3FY22 Quarterly Result Announced for Omaxe Ltd.
Realty company Omaxe announced Q3FY22 results: The company reported Consolidated Income from Operations of Rs 179.83 cr for the quarter ended December 31st, 2021 as compared to Rs 102.56 cr for the quarter ended December 31st, 2020, a rise of 75.34% Consolidated Net Profit (loss) for the quarter ended December 31st, 2021 stood at (Rs 38.56) cr, a fall of 59.51% as compared to (Rs 95.24) cr posted in the quarter ended December 31st, 2020 The Company sold 0.67 mn sq. ft valued at Rs 348.08 crore in Q3 2021-22 The Company delivered 0.56 million sq. ft. in Q3 2021-22 and 1.74 mn sq. ft in 9M 2021-21. Commenting on the Q3 FY22 results and way forward, Mr. Atul Banshal, Director Finance, Omaxe Limited said: "The festive quarter has shown good growth in home sales across geographies. The demand has been broad-based and on a consistent upward trajectory. For Omaxe, new customers with niche taste have contributed to the demand in State Capitals and Tier 2/3 cities. As a result, cities like Ludhiana, Lucknow, New Chandigarh, Indore etc. have shown faster and strong recovery. The 3rd wave of COVID-19 pandemic hasn’t deterred market sentiments and the real estate sector and the economy in general have displayed a good performance. With the focus of Government and businesses shifting into State Capitals and tier 2/3 cities, we are hopeful of good growth from these cities. In the coming months, the recovery will further strengthen and home sales and delivery will continue unabated." Result PDF14-02-2022