OM Infra ends higher after its subsidiary's residential project in Jaipur receives extension

Om Metals Consortium’s Pallacia gets a one-year extension for occupancy completion by Rajasthan Real Estate Regulatory Authority.

August 17, 2021 4:55 IST India Infoline News Service

OM Infra Limited informed the exchanges Tuesday that Om Metals Consortium Private Limited, the wholly-owned subsidiary of the Company, has been granted a one-year extension up to May 17, 2022, for its Residential Group Housing project “Pallacia“ in Jaipur (Rajasthan) for occupancy completion by Rajasthan Real Estate Regulatory Authority, Jaipur (RERA) in continuation of structure completion approved by JDA.

The company stock trade ended at Rs33.35 per piece up Rs0.75 or 2.30% on the BSE. The stock hit a day's high of Rs34.35 per piece during intraday trade on Tuesday. 

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