Omega Interactive seeks reclassification of promoter to public

1 min read     Updated on 14 Jul 2026, 06:47 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Omega Interactive Technologies Ltd has applied to BSE for the reclassification of Mr. Jayesh Amratlal Shah from promoter to public shareholder. The application under Regulation 31A of SEBI LODR, 2015 was submitted on June 26, 2026, following an earlier intimation in May.

powered bylight_fuzz_icon
45580614

*this image is generated using AI for illustrative purposes only.

Omega Interactive Technologies has submitted an application to BSE Limited seeking a no objection certificate for the reclassification of Mr. Jayesh Amratlal Shah from the promoter category to the public category. The application was filed on June 26, 2026, in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This reclassification alters the shareholding structure of the company, moving a key stakeholder out of the promoter group.

The submission follows the company's earlier communication to the exchange dated May 27, 2026, which initially outlined the intent to reclassify Mr. Shah's status. The latest filing confirms that the formal request for the necessary approval has now been lodged with the exchange.

Detail Information
Scrip Code 511644
Applicant Mr. Jayesh Amratlal Shah
Reclassification Promoter to Public
Application Date June 26, 2026
Regulatory Reference Regulation 31A of SEBI LODR, 2015

The Managing Director, Shailesh Shripal Awale, signed the intimation submitted to BSE Limited on July 14, 2026. The exchange has been requested to place the information on record as the company proceeds with the regulatory process for the change in shareholding category.

Historical Stock Returns for Omega Interactive Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-0.75%-11.50%-11.69%+366.98%+2,585.12%

How will the reduction in promoter shareholding impact Omega Interactive Technologies' ability to raise future capital?

What strategic rationale is driving Mr. Shah's decision to transition from the promoter to the public category?

Will this reclassification trigger any changes in the company's governance policies or board composition?

Omega Interactive Technologies
View Company Insights
View All News
like16
dislike

Omega Interactive Technologies Files Revised FY26 Audited Results, Corrects Clerical Errors in Board Outcome

5 min read     Updated on 11 May 2026, 12:13 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Omega Interactive Technologies filed a revised board meeting outcome on May 08, 2026, correcting clerical errors in FY26 audited standalone results. The revised Q4 FY26 figures show Profit Before Tax of Rs 484.47 lacs and Total Comprehensive Income of Rs 180.34 lacs. For the full year FY26, revenue from operations surged to Rs 14,924.89 lacs with Total Comprehensive Income of Rs 902.63 lacs, while total assets grew to Rs 13,022.20 lacs from Rs 3,384.87 lacs.

powered bylight_fuzz_icon
39814908

*this image is generated using AI for illustrative purposes only.

Omega Interactive Technologies Limited filed a revised board meeting outcome with BSE Limited on May 08, 2026, correcting clerical errors in the original submission of the same date. The Board of Directors, at their meeting held on May 08, 2026 (commencing at 5:30 PM and concluding at 6:00 PM), approved the audited standalone financial results for the quarter and year ended March 31, 2026. The results were reviewed by the Audit Committee prior to board approval and prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. Statutory Auditors M/s. Bhatt Shah Mekhia & Co. (FRN: 129797W) issued an unmodified and unqualified opinion on the financial results. Subsequently, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted a newspaper publication notice to BSE Limited on May 11, 2026, confirming that the audited financial results for the period ended March 31, 2026 were published in a newspaper dated May 10, 2026. The submission was signed by Managing Director Shailesh Shripal Awale (DIN: 11703762).

Financial Performance: Full Year FY26 vs FY25

The company recorded a sharp increase in revenue from operations and profitability for the full year ended March 31, 2026. The following table presents the key income statement metrics on a full-year basis:

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: Rs 14,924.89 lacs Rs 2.05 lacs
Other Income: - Rs 255.46 lacs
Total Income: Rs 14,924.89 lacs Rs 257.51 lacs
Purchase & Direct Expenses: Rs 13,646.89 lacs -
Changes in Inventories: Rs (174.48) lacs -
Employee Benefit Expense: Rs 57.56 lacs Rs 6.67 lacs
Finance Costs: Rs 44.37 lacs Rs 73.34 lacs
Depreciation & Amortization: Rs 1.09 lacs -
Other Expenses: Rs 142.70 lacs Rs 18.64 lacs
Total Expenses: Rs 13,718.13 lacs Rs 98.65 lacs
Profit Before Tax: Rs 1,206.76 lacs Rs 158.86 lacs
Total Tax Expense: Rs 304.13 lacs Rs 39.98 lacs
Total Comprehensive Income: Rs 902.63 lacs Rs 118.88 lacs

Quarterly Performance: Q4 FY26

For the quarter ended March 31, 2026, the revised results reflect updated figures following the correction of clerical errors in the original board outcome. The company reported revenue from operations of Rs 7,098.75 lacs compared to nil in the corresponding quarter of the previous year. The table below summarises the revised quarterly financial performance:

Metric: Q4 FY26 (Audited) Q3 FY26 (Un-Audited) Q4 FY25 (Audited)
Revenue from Operations: Rs 7,098.75 lacs Rs 3,777.74 lacs -
Total Income: Rs 7,098.75 lacs Rs 3,777.74 lacs Rs 63.85 lacs
Total Expenses: Rs 6,614.28 lacs Rs 3,463.62 lacs Rs 22.46 lacs
Profit Before Tax: Rs 484.47 lacs Rs 314.12 lacs Rs 41.39 lacs
Total Tax Expense: Rs 304.13 lacs - Rs 10.42 lacs
Total Comprehensive Income: Rs 180.34 lacs Rs 314.12 lacs Rs 30.97 lacs

Earnings Per Share

The earnings per share (EPS) for the full year and the latest quarter, computed in accordance with Ind AS 33, are presented below:

EPS Metric: Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25
Basic EPS (₹): 0.28 12.12 1.95 34.90 8.59
Diluted EPS (₹): 0.01 12.12 1.95 1.14 8.59

Paid-up equity share capital stood at Rs 259.12 lacs as at March 31, 2026 (face value Rs 10/- each), compared to Rs 159.94 lacs as at March 31, 2025.

Balance Sheet Highlights

Total assets of the company grew substantially to Rs 13,022.20 lacs as at March 31, 2026, from Rs 3,384.87 lacs as at March 31, 2025. Key balance sheet items are summarised below:

Balance Sheet Item: March 31, 2026 March 31, 2025
Total Non-Current Assets: Rs 253.58 lacs -
Trade Receivables: Rs 9,194.14 lacs -
Cash and Cash Equivalents: Rs 184.18 lacs Rs 1.94 lacs
Total Current Assets: Rs 12,768.62 lacs Rs 3,384.87 lacs
Total Assets: Rs 13,022.20 lacs Rs 3,384.87 lacs
Equity Share Capital: Rs 259.12 lacs Rs 159.94 lacs
Other Equity: Rs 6,657.45 lacs Rs 2,066.39 lacs
Total Equity: Rs 6,916.57 lacs Rs 2,226.33 lacs
Current Borrowings: Rs 29.00 lacs Rs 980.83 lacs
Trade Payables (Others): Rs 5,519.19 lacs -
Total Current Liabilities: Rs 6,105.44 lacs Rs 1,158.54 lacs
Total Equity and Liabilities: Rs 13,022.20 lacs Rs 3,384.87 lacs

Cash Flow Summary

For the year ended March 31, 2026, cash and cash equivalents at the end of the year stood at Rs 184.18 lacs, compared to Rs 1.94 lacs at the beginning of the year. Net cash used in operating activities was Rs (2,635.51) lacs, while net cash used in investing activities was Rs (18.04) lacs. Net cash from financing activities amounted to Rs 2,835.79 lacs, driven primarily by proceeds from the issue of share warrants and share capital of Rs 3,787.62 lacs.

Regulatory Compliance

The statutory auditors, M/s. Bhatt Shah Mekhia & Co., Chartered Accountants, issued an unmodified opinion on the standalone annual financial results for the year ended March 31, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company further complied with Regulation 47 of the SEBI (LODR) Regulations, 2015, by publishing the audited financial results in a newspaper on May 10, 2026, and submitting the publication notice to BSE Limited on May 11, 2026. The company confirmed that the financial statements do not contain any false or misleading statements and do not omit any material facts. The company operates as a single reportable segment, and accordingly, segment-wise reporting is not applicable.

Historical Stock Returns for Omega Interactive Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-0.75%-11.50%-11.69%+366.98%+2,585.12%

Given that trade receivables of Rs 9,194.14 lacs represent over 70% of total assets, what is Omega Interactive Technologies' strategy for managing collection risk and improving cash conversion cycles in FY27?

With net cash used in operating activities at Rs (2,635.51) lacs despite strong profitability, how sustainable is the company's growth trajectory without continued reliance on external financing through share warrants and capital issuances?

The significant divergence between Basic EPS (₹34.90) and Diluted EPS (₹1.14) for FY26 suggests substantial dilutive instruments outstanding — what is the full extent of potential equity dilution from pending warrants or convertible instruments?

Omega Interactive Technologies
View Company Insights
View All News
like18
dislike

More News on Omega Interactive Technologies

1 Year Returns:+366.98%