Omaxe Ltd: Stock jumps after subsidiary gets RERA nod in Punjab projectOmaxe Ltd: Stock jumps after subsidiary gets RERA nod in Punjab project

Omaxe Limited subsidiary receives RERA registration for The Lake Commercial Phase 2 project in Mohali, Punjab, valid until October 15, 2030.

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Introduction

Leading real estate developer receives Punjab RERA registration for The Lake Commercial Phase 2 project in Mohali, valid until October 15, 2030.

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Share price movement of Omaxe

On March 5, 2026, Omaxe Ltd opened at ₹76.80, up 2.43% from its previous close of ₹74.98. The stock reached a high of ₹78.31 (4.44%) and a low of ₹75.82 (1.12%). By 4:01 PM, it traded at ₹78.21, a 4.31% increase, with a market cap of ₹1,430.47 crore.

Omaxe Project Gets RERA Approval

Omaxe Limited’s wholly owned subsidiary, Omaxe New Chandigarh Developers Private Limited, received RERA registration for The Lake Commercial Phase 2 project in Mohali, Punjab.

The project was launched on March 5, 2026. It is a commercial plotted development located at Kharar, Village Bharonjian, SAS Nagar, Mohali, Punjab.

The registration was granted by Punjab RERA and remains valid until October 15, 2030, unless extended. The approval enables sale, transfer, and advertisement of the project.

Stock performance of Omaxe for period of 1 week, 6 months, and 1 year

Omaxe Ltd delivered a -4.48% return over the past week, declined 13.4% in the past 6 months, and fell 2.94% over the past 1 year.

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Shareholding pattern of Omaxe

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	74.10%	74.10%	74.10%
FII	5.10%	6.10%	6.70%
DII	1.60%	1.60%	2%
Public	19%	18%	17%

About Omaxe

Omaxe Ltd (NSE: OMAXE) develops residential, commercial, and retail real estate projects across 27 cities in eight Indian states, including townships and commercial complexes.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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