Oberoi Realty Limited has announced that its Board of Directors has approved the incorporation of a wholly owned subsidiary (WOS) to focus on upcoming real estate projects. The new entity will be established with an initial paid-up and subscribed share capital of Rs. 1 Lakh. This strategic move is intended to facilitate the company’s expansion into future development opportunities as identified by the management.
Strategic Expansion Plans
On May 8, 2026, the Board of Directors at Oberoi Realty Limited formally approved the creation of a new, fully-owned subsidiary company. This entity is being formed to undertake real estate construction and development projects, providing the company with an agile vehicle to execute its future project pipeline.
Details of the New Entity
The subsidiary will operate within the real estate construction and development sector. As a wholly owned subsidiary, Oberoi Realty Limited will maintain 100% shareholding and control over the entity. The company will invest an initial capital of Rs. 1,00,000, which has been issued at par value.
Next Steps
The incorporation process is currently underway and remains subject to the final approval of the Ministry of Corporate Affairs. Once operational, the subsidiary is expected to play a key role in the company’s ongoing efforts to identify and develop new high-value real estate projects.
Source: BSE
