Omaxe Limited’s Subsidiary, Rohtas Holding (Gulf) Limited, De-registered by JAFZA
Omaxe Limited announced on June 2, 2026, that its foreign wholly owned subsidiary, M/s. Rohtas Holding (Gulf) Limited, has been de-registered as an Offshore Company. The de-registration was completed by the Registrar, Jebel Ali Freezone Authority (JAFZA) in Dubai due to the entity's non-operation of business.The company confirmed that this event does not constitute the sale or disposal of any unit, division, undertaking, or substantially the whole of the undertaking of Omaxe Limited or its subsidiary. Omaxe Limited stated that the de-registration of Rohtas Holding (Gulf) Limited will not have any material impact on the business operations or financial position of the parent company.
The de-registration event was reported in the interest of transparency and good corporate governance.
Details regarding the de-registration are provided below, outlining the financial and transactional aspects of the matter.
| Particulars | Details |
|---|---|
| Subsidiary Name | M/s. Rohtas Holding (Gulf) Limited |
| De-registration Authority | Registrar, Jebel Ali Freezone Authority (JAFZA), Dubai |
| Reason for De-registration | Non-operation of business |
| Turnover/Revenue Contributed (Last Financial Year) | Nil |
| Date of Completion of De-registration | Registrar, Jebel Ali Freezone Authority (JAFZA), Dubai vide letter dated June 1, 2026 |
| Nature of Transaction | Not a sale or disposal of any unit or undertaking. |
The documentation confirmed that for the purposes of reporting, the consideration received from such an event was Not Applicable, and the process did not fall within the category of a related party transaction.
OMAXE Stock Price Movement
As of 12:01 PM, Omaxe Limited shares are rallying by 1.53% in live trading, currently at ₹75.62 following a solid jump of ₹1.14. The stock is experiencing strong intraday momentum, evidenced by a traded volume of 45,283 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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