Omaxe to set up SEZ in Rajasthan

Omaxe has entered into memorandum of understanding with Rajasthan to set up multi product special economic zone at Alwar. The proposed SEZ is over 5,000 hectares, to be set up over five years.

Nov 30, 2007, 12.17 PM IST

MUMBAI: Omaxe has entered into memorandum of understanding with Rajasthan to set up multi product special economic zone at Alwar. The proposed SEZ is over 5,000 hectares, to be set up over five years.

Omaxe has promoted wholly owned subsidiary, Omaxe Rajasthan SEZ Developers, at an investment of Rs 5 lakh.

At 12:00 pm, Omaxe shares were up 6.66 per cent at Rs 437 on BSE.

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