Oberoi Realty Limited announced on 24 May 2025 that its wholly-owned material unlisted subsidiary, Incline Realty Private Limited (IRPL), has approved the formation of a Section 8 company under the Companies Act, 2013.

• The Board of Directors of IRPL approved the formation and initial share capital subscription at a meeting held on 24 May 2025.
• IRPL will subscribe to the initial share capital of ₹15 lakh at par value, acquiring a 16.67% shareholding in the new Section 8 company.
• The remaining shares of the Section 8 company will be held by individuals or entities unrelated to IRPL or Oberoi Realty Limited.
• The newly formed Section 8 company will primarily engage in philanthropic activities, with a specific focus on promoting education.
• This initiative is intended to further IRPL's Corporate Social Responsibility (CSR) efforts.
• The proposed names for the new entity include USC-India Foundation or USC-India Association.
• The incorporation of the Section 8 company is subject to approval from the concerned office of the Ministry of Corporate Affairs.