Omaxe Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025

Notes:

1.The above results were reviewed and recommended by the Audit Committee & approved by the Board of Directors at their respective meetings held on August 13, 2025. The financial results for the quarter ended June 30, 2025, have been limited reviewed by the Statutory Auditors of the Company and expressed unmodified review report on the standalone and consolidated financial results.

2.The standalone and consolidated financial results have been prepared in accordance with the principles and procedures of Indian Accounting Standards ("Ind AS") as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013.

3.The consolidated financial results of the company include unaudited financial results of 144 group companies and one associate company which have been reported by their respective management. The unaudited financial results of two subsidiary companies having Nil Income/ Profit (Loss) have not been consolidated being non material in nature.

4.In line with the provisions of Ind AS 108 - Operating Segments and on the basis of review of operations being done by the management of the company, the operations of the group falls under real estate business, which is considered to be the only reportable segment by the management.

5.The Company had received an Order dated July 30, 2024 from SEBI under section 11, 11B of SEBI Act, 1992 covering the period from 2018-19, 2019-20 and 2020-21, against which company had filed an appeal with the Securities Appellate Tribunal (SAT) and SAT vide order dated October 01, 2024 had granted stay on directions at para 41 (i) of SEBI order dated July 30, 2024 relating to restricting company and others from accessing securities market and to deal in securities, enabling the company to raise capital and continue all business activities as usual without any restriction. The proceeding with SAT is undergoing and next date of hearing is 9th Oct. 2025 and in the opinion of the management of the Company, the said order has no impact on the financial results of the company.

6.In the financial year ended 31st March 2022, search was initiated against the Company under section 132 of the Income Tax Act, 1961 and pursuant to that the Company had received Income Tax Demand(s) pertaining to Assessment Years from 2014-15 to 2022-23 under section 147/143(3) of Income Tax Act, 1961. The Company has filed Appeals before Appellate Authority within the timelines as allowed under the Act. Now, the Company is in receipt of an order from Hon'ble High Court w.r.t. the above demands. The Hon'ble High Court has issued direction(s) to appellate authority (CIT)(A) to decide the case by following the judgements passed in other similar cases in which the notices issued u/s 148 were quashed on the ground that these notices should have been issued under faceless mechanism. Hence, based on the opinion of the management of the Company the demands so raised will not be sustained on completion of the appellate proceedings. Accordingly, pending the decision by the appellate authorities, no provision of any potential liability has been made in the Financial Statements.

7.The figures for the last quarter of the previous year are the balancing figures between audited figures in respect of the full financial year and the published year to date figures for the nine months ended for the respective year.

8.The standalone and consolidated unaudited financial results of the Company for the quarter ended June 30, 2025 also available on the Company's Website (www.omaxe.com) and on the Website of BSE (www.bseindia.com) and NSE (www.nseindia.com).