01-Sept-2026 20:53:22
OMAXE : CLARIFICATION ON NEWS ITEM ABOUT SEBI ORDER
• The Hon'ble Securities Appellate Tribunal pronounced an order on September 1, 2026, regarding Omaxe Ltd. & Others Vs Securities and Exchange Board of India. • The order was reserved on July 7, 2026, and pronounced today, but it is yet to be uploaded. • SEBI had previously issued an order on July 30, 2024, against the Company for alleged misstatements in financial statements. • The Company filed an appeal before Hon'ble SAT, which granted a stay on directions on October 1, 2024, contingent on penalty deposit. • The penalty was deposited by the Company without prejudice to its rights. • The Company has not yet received or uploaded the SAT order and its implications cannot be assessed currently. Impact: Neutral (Company provides clarification on SEBI order; order details awaited)
Omaxe Limited
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