Omega Interactive Technologies Corrects Issue Price in 5.31 Crore Warrant Conversion
Omega Interactive Technologies issued a clarification regarding its warrant conversion process, correcting the issue price to INR 10.35 per share. The company successfully converted 5.31 crore warrants to equity shares among eight non-promoter allottees, significantly increasing its paid-up capital from INR 2.59 crore to INR 7.90 crore.

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Omega Interactive Technologies Limited has issued a clarification regarding the warrant conversion details following an inadvertent error in the originally reported issue price. The company successfully completed the allotment of 5,31,29,400 equity shares through the conversion of fully convertible equity warrants, with the board of directors approving this conversion during their meeting held on April 15, 2026.
Price Correction and Warrant Conversion Details
The company clarified that the issue price was incorrectly stated in the initial announcement. The correct conversion involved 5,31,29,400 fully convertible equity warrants out of the total 9,04,00,000 warrants that were originally allotted on December 18, 2025, December 19, 2025, December 26, 2025 and December 29, 2025. Each warrant was converted at the corrected issue price of INR 10.35 per equity share with a face value of INR 1 each.
| Parameter: | Details |
|---|---|
| Total Warrants Converted: | 5,31,29,400 |
| Corrected Issue Price per Share: | INR 10.35 |
| Face Value per Share: | INR 1 |
| Original Warrant Allotment Dates: | December 18, 19, 26, 29, 2025 |
| Conversion Approval Date: | April 15, 2026 |
Allottee Distribution
The equity shares were allotted to eight entities and individuals, all belonging to the non-promoter category through preferential allotment:
| Sr. No | Allottee Name | Category | Shares Allotted |
|---|---|---|---|
| 1 | Kunjit Maheshbhai Patel | Non-Promoter | 19,750,000 |
| 2 | Nayanaben Chandubhai Thakor | Non-Promoter | 19,320,000 |
| 3 | Doxtrec Trade Private Limited | Non-Promoter | 12,535,000 |
| 4 | Amit Punambhai Parmar | Non-Promoter | 210,000 |
| 5 | Solanki Mitesh Milanbhai | Non-Promoter | 64,400 |
| 6 | Pradeep Kumar Daga | Non-Promoter | 200,000 |
| 7 | Jinanshi Consultancy Pvt Ltd | Non-Promoter | 1,000,000 |
| 8 | Samruddhi Dilip Lunawat | Non-Promoter | 50,000 |
Capital Structure Impact
The warrant conversion has resulted in a substantial increase in the company's paid-up equity share capital. The capital structure transformation reflects the company's growth trajectory and enhanced financial capacity.
| Metric: | Before Conversion | After Conversion |
|---|---|---|
| Paid-up Capital: | INR 2,59,12,490 | INR 7,90,41,890 |
| Number of Shares: | 2,59,12,490 | 7,90,41,890 |
| Face Value per Share: | INR 1 | INR 1 |
Regulatory Compliance and Clarification
The board meeting, which commenced at 06:30 p.m. and concluded at 07:00 p.m. on April 15, 2026, was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued a clarification on April 16, 2026, acknowledging the inadvertent error in the initially reported issue price and providing the corrected information to ensure accurate disclosure to stakeholders and regulatory compliance.
What are the company's plans for utilizing the additional INR 5.31 crore raised through this warrant conversion?
Will the remaining 3.73 crore unconverted warrants be exercised before their expiration, and what factors might influence this decision?
How might the significant dilution from increasing share count by over 200% impact the stock price and existing shareholders' voting power?





























