SEBI restrains Omaxe, promoter-linked entities from markets for violation of MPS norms

IANS | September 26, 2026 9:48 AM

Mumbai, Sep 26 (IANS) The Securities and Exchange Board of India (SEBI) has found real estate developer Omaxe Ltd and certain promoter‑linked entities liable for routing company and group funds to acquire Omaxe shares in 2013 offer-for-sale (OFS), a move which allegedly faked compliance with minimum public shareholding norms.