As part of their strategy to divest non-core assets, Omaxe has sold its entire holding in wholly-owned arm Finishing Touch Properties
Mohit Goel, CEO of Omaxe says the company is in talks with a lot of merchant bankers and the interest will most probably be below the average cost of borrowing. “The coupon rate for the NCD is yet to be finalized,†he told CNBC-TV18.