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.
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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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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.
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OMAXE_01092026205108_Reply_to_NSE_sd.pdf
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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
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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