OMAX AUTOS LTD. - Outcome of Board Meeting

Omax Autos Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2014, inter alia, has transacted the following matter:<br/><br/>- Disinvestment upto 49% in Equity Shares of Wholly Owned Subsidiary (GMAX Auto Ltd.) of the Company.