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Provider: Thomson Reuters Stock Report

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Omaxe Ltd Announces Purchase Of Voting Rights Of JV Company

Friday, 18 Jan 2013 06:34am EST 

Omaxe Ltd announced that the Company has purchased 50% voting right by way of purchase of equity shares of the Omaxe Azorim Developers Private Limited (JV Company) from Azorim International Holdings Limited (Foreign Company). Accordingly, the JV Company has become the wholly owned subsidiary of the Company. Financial terms of the transaction were not disclosed. 

Company Quote

2.3 +1.83%
7:07am EDT