Omaxe Secures Rs 5 Billion From Oaktree For Expansion

01 Aug 2025 CW Team

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.

In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indore.

According to Omaxe, the investment will strengthen its financial core, expedite project delivery timelines across residential, commercial, and public-private partnership (PPP) ventures, and reduce its reliance on market-linked funding.

“This partnership with Oaktree marks an important milestone in Omaxe’s growth journey,” said Mohit Goel, Managing Director of Omaxe Ltd. “The confidence shown by a global investor like Oaktree is a reflection of our delivery record and long-term vision.”

Atul Banshal, Director - Finance, noted that the company has repaid net principal debt of Rs 12.85 billion over the last two financial years, reducing net debt to Rs 3 billion. He added that most of the newly raised funds will be used for faster execution and to explore new opportunities in select markets. Omaxe recorded sales of over Rs 30 billion in FY25.

Separately, the company announced earlier on 28 July that its subsidiary, Omaxe New Chandigarh Developers Pvt Ltd, has raised Rs 4.31 billion through a private placement of 43,100 non-convertible debentures (NCDs), each valued at Rs 1 lakh. This capital will also support business expansion efforts.

The combined funding initiatives underline Omaxe’s continued efforts to strengthen its balance sheet and drive growth in India's evolving real estate landscape.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..