Change of Guard at Omaxe, Rohtas Goel steps aside as ED, Mohit Goel is MD, Jatin Goel is ED of Omaxe Ltd

Delhi/NCR: Omaxe Ltd., announced a transition in its leadership as Rohtas Goel, the Founder Chairman, relinquished his role as Executive Director and decided to continue in the capacity of a non-executive director and Chairman. Goel has handed over the reins of the business to his two sons, Mohit Goel and Jatin Goel, who will assume joint leadership roles within the Company.

Under the leadership of Mohit Goel, Managing Director, and Jatin Goel, Executive Director, the company will focus on two key areas: reducing debt and exploring additional growth opportunities through public-private partnerships, says a press release issued by the company.

“I am proud to witness the evolution of Omaxe and see my sons take the helm. This transition marks a turning point in the Company’s history, where Omaxe will embark on new avenues of growth and continue to make significant contributions to the real estate industry,” said Rohtas Goel, Chairman and Non-Executive Director, commented on the transition.

“Our primary focus will be to reduce debt and strengthen the Company’s financial position. We are also excited about exploring public-private partnerships to drive growth and create value for our stakeholders. Omaxe is committed to delivering exceptional real estate projects that exceed our customers’ expectations,” Mohit Goel, Managing Director, said while commenting on the future direction of Omaxe.

Echoing his brother’s sentiments, Jatin Goel added, “We are determined to build on the strong foundation laid by our father and take Omaxe to new heights. With our combined expertise and fresh energy, we aim to enhance the Company’s reputation and deliver outstanding projects that contribute to the development of communities.”