NSENews Verification4d ago · 1 Sept 2026, 08:51 pm

News Verification

Omaxe Limited · OMAXE

✦ AI SummaryRegulatory

Omaxe Limited has sought clarification from the National Stock Exchange (NSE) regarding a news item stating that the Securities Appellate Tribunal (SAT) has dismissed the company's appeal against a Securities and Exchange Board of India (SEBI) order related to financial statement irregularities. The company has stated that the SAT order has been pronounced but is yet to be uploaded.

Analysis Scores

Earnings Impact2/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

The Exchange has sought clarification from Omaxe Limited with respect to recent news item captioned SAT dismisses Omaxe appeal against SEBI order over financial statement irregularities. The response from the Company is attached.

Attachments (1)

📄

OMAXE_01092026205108_Reply_to_NSE_sd.pdf

pdf

Download →
View document text
■t•l rZJ:◄ Turning dreams into reality OL/SE/936/Sep 2026-27 September 1, 2026 Surveillance National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Symbol: OMAXE Kind Attention: Shri. Amit Shinde Subject: Clarification /Confirmation on news item appearing in “Media/Publication” Dear Sir/Madam, With reference to your email dated September 1, 2026 with captioned subject and along with letter Ref: No.: NSE/CM/Surveillance/17456 dated September 1, 2026, we would like to submit that the matter of Omaxe Ltd. & Others Vs Securities and Exchange Board of India was reserved for order on July 7, 2026 and the order has been pronounced by Hon’ble Securities Appellate Tribunal today. However, the order is yet to be uploaded. Further, please find below the required information as sought by your good office: Particulars Remarks Whether such negotiations/events were taking 1. On July 30, 2024, SEBI had passed an order place? If so, you are advised to provide the said reference no. information along with the sequence of events in QJA/GR/CFID/CFID/30598/2024-25 dated chronological order from the start of July 30, 2024 (SEBI Order), against the negotiations/events till date. Company, its Chairman and others in the matter of alleged misstatements/irregularities in financial statements of the Company, subject to deposit of penalty amount by the appellants. 2. An appeal was filed by the Company before Hon'ble Securities Appellate Tribunal (SAT) against the aforesaid impugned SEBI Order and Hon’ble SAT, vide its Order dated October 1, 2024 (SAT Order), has granted stay on direction at paragraphs No. 41 (1) and (2) of impugned SEBI Order, subject to deposit of penalty amount by the appellants. The Company had deposited the penalty, without prejudice to its rights. 3. On September 1, 2026, the Hon’ble Securities Appellate Tribunal pronounced the "This is to inform that please make all correspondence with us on our Corporate Office Address only" OMAXE LIMITED Corporate Office: 7, Local Shopping Centre, Kalkaji, New Delhi-110019. Tel.: +91-11-41896680-85, 41893100, Fax: +91-11-41896653, 41896655, 41896799 Regd. Office: Shop No. 19-B, First Floor, Omaxe Celebration Mall, Sohna Road, Gurgaon -122 001, (Haryana) Toll Free No. 18001020064, Website: www.omaxe.com, CIN: L74899HR1989PLC051918 IIC•l ~, =I Turning dreams into reality order. However, the same is yet to be uploaded/received by the Company. Whether you/company are aware of any The order pronounced by Hon’ble SAT is yet to information that has not been announced to the be uploaded/received by the Company and upon Exchanges which could explain the movement in receipt of order, the Company shall evaluate the the trading, if any? Further, you are advised to same and if required under the applicable provide the said information and the reasons for provisions of the SEBI (LODR) Regulations, not disclosing the same to the Exchange earlier 2015, make the necessary disclosure to the Stock as required under regulation 30 of the SEBI Exchanges without any delay. (LODR) Regulations, 2015 The material impact of this article on the The order pronounced by Hon’ble SAT is yet to Company. be uploaded/received by the Company and it is presently not possible to comment on or assess the exact implications of the order. You are requested to take note of the same. Thanking You For Omaxe Limited D B R Srikanta Company Secretary & Compliance Officer "This is to inform that please make all correspondence with us on our Corporate Office Address onlyn OMAXE LIMITED Corporate Office: 7, Local Shopping Centre, Kalkaji, New Delhi-110019. Tai.: +91-11-41896680-85, 41893100, Fax: +91-11-41896653, 41896655, 41896799 Regd. Office: Shop No. 19-8, First Floor, Omaxe Celebration Mall, Sohna Road, Gurgaon - 122 001, (Haryana) Toll Free No.18001020064, Website: www.omaxe.com, CIN: L74899HR1989PLC051918