Dear Sir/Madam
With reference to the captioned subject we would like to inform that the Company has received intimations regarding inter-se transfer of shares of M/s Guild Builders Private Limited (Holding Company of Omaxe Limited) between promoters/immediate relatives of promoter and said inter-se transfer constitutes an indirect control/acquisition over Omaxe Limited as enclosed herewith.
This transaction being an inter-se transfer of shares amongst the immediate relatives of Promoter Group falls within the exemptions provided under Regulation 10(1)(a)(i) of the SEBI (SAST) Regulations 2011. Furthermore Guild Builders Private Limited is the holding company of Omaxe Limited and inter-se transfer constitutes an indirect control/acquisition over the target company.
The Aggregate holding of Promoter and Promoter Group before and after the above inter-se transaction remains the same.
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