Omaxe Sells 40% Stake in Aquarise Developers for ₹40,000

Omaxe Limited announced on December 18, 2025, that it has entered into a Sale and Purchase of Shares Agreement to sell its entire 40% equity shareholding in Aquarise Developers Private Limited to Dink...

Omaxe Limited announced on December 18, 2025, that it has entered into a Sale and Purchase of Shares Agreement to sell its entire 40% equity shareholding in Aquarise Developers Private Limited to Dinkar Realcon Private Limited. Aquarise Developers Private Limited will subsequently become an associate company of Dinkar Realcon Private Company, which is a step-down wholly-owned subsidiary of Omaxe Limited. The sale involves 4,000 equity shares of Aquarise Developers Private Limited, representing 40% of its total paid-up equity share capital, at a price of ₹10 per share, aggregating to a total consideration of ₹40,000. The buyer, Dinkar Realcon Private Limited, is a company incorporated under the Companies Act, 2013, engaged in the real estate and construction business. This transaction falls within the ambit of related party transactions but is conducted on an arm's length basis between Omaxe Limited and its step-down wholly-owned subsidiary. The announcement also clarifies that the unit or division or undertaking or subsidiary or associate company contributed nil to the turnover, revenue, income, and net worth of Omaxe Limited during the last financial year. The agreement for sale and the expected completion of the sale/disposal were both on December 18, 2025. The details of this transaction are available on the websites of Omaxe Limited, BSE Limited, and the National Stock Exchange of India Limited.

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Why is Omaxe Limited in the news today?

Omaxe Limited (OMAXE) is in the news due to the sale of a stake in an associate company is a corporate action. while it involves a related party, the financial value is minimal and does not significantly impact the company's overall financial health or future prospects, hence classified as neutral.

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Omaxe Sells 40% Stake in Aquarise Developers for ₹40,000

December 18, 2025, 12:44 PM

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Omaxe Limited announced on December 18, 2025, that it has entered into a Sale and Purchase of Shares Agreement to sell its entire 40% equity shareholding in Aquarise Developers Private Limited to Dinkar Realcon Private Limited. Aquarise Developers Private Limited will subsequently become an associate company of Dinkar Realcon Private Company, which is a step-down wholly-owned subsidiary of Omaxe Limited.

The sale involves 4,000 equity shares of Aquarise Developers Private Limited, representing 40% of its total paid-up equity share capital, at a price of ₹10 per share, aggregating to a total consideration of ₹40,000. The buyer, Dinkar Realcon Private Limited, is a company incorporated under the Companies Act, 2013, engaged in the real estate and construction business. This transaction falls within the ambit of related party transactions but is conducted on an arm's length basis between Omaxe Limited and its step-down wholly-owned subsidiary.

The announcement also clarifies that the unit or division or undertaking or subsidiary or associate company contributed nil to the turnover, revenue, income, and net worth of Omaxe Limited during the last financial year. The agreement for sale and the expected completion of the sale/disposal were both on December 18, 2025. The details of this transaction are available on the websites of Omaxe Limited, BSE Limited, and the National Stock Exchange of India Limited.

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