Omega Interactive Technologies Appoints Shailesh Shripal Awale as Managing Director
Omega Interactive Technologies Limited has appointed Mr. Shailesh Shripal Awale (DIN: 11703762) as Managing Director effective May 06, 2026, for a 5-year term, subject to shareholder approval at the ensuing General Meeting. The appointment was approved at a Board of Directors meeting held on May 06, 2026, following a recommendation from the Nomination and Remuneration Committee. Mr. Awale is a commerce graduate and postgraduate from Gujarat University with a background in accounts and finance, and holds no shareholding in the company. He is confirmed to be not related to any existing directors and is not debarred from holding directorial office by any regulatory authority.
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Omega Interactive Technologies Limited has announced the appointment of Mr. Shailesh Shripal Awale (DIN: 11703762) as its Managing Director, effective May 06, 2026. The decision was made at a Board of Directors meeting held on Wednesday, May 06, 2026, which commenced at 05:30 PM and concluded at 06:00 PM. The appointment is for a period of 5 years and remains subject to approval by shareholders at the company's ensuing General Meeting.
Board Approval and Regulatory Disclosure
The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was based on the recommendation of the Nomination and Remuneration Committee. The company has disclosed the requisite details in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has also confirmed that Mr. Awale is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
Appointment Details at a Glance
The following table summarises the key details of the appointment as disclosed by the company:
| Parameter: | Details |
|---|---|
| Name: | Mr. Shailesh Shripal Awale |
| DIN: | 11703762 |
| Designation: | Managing Director |
| Effective Date: | May 06, 2026 |
| Tenure: | 5 years |
| Subject To: | Shareholder approval at ensuing General Meeting |
| Shareholding in Company: | NA |
| Relationship with Directors: | Not related to any of the Directors of the company |
| Debarment Status: | Not debarred by SEBI or any other authority |
Profile of the Incoming Managing Director
Mr. Shailesh Shripal Awale is a commerce graduate and postgraduate from Gujarat University. He brings experience in accounts and finance, along with practical expertise in financial management and accounting operations. The company has noted that his background is expected to contribute to its efficient functioning and growth.
Compliance and Confirmation
The disclosure was signed by Dineshkumar Dharamkumar Sabnani (DIN: 10840546) on behalf of Omega Interactive Technologies Limited. The company has requested BSE Limited to take the information on record as compliance with the applicable provisions of the SEBI LODR Regulations.
How might Mr. Awale's background in accounts and finance shape Omega Interactive Technologies' strategic priorities and financial direction over his 5-year tenure?
What is the likelihood of shareholder approval at the ensuing General Meeting, and are there any known institutional investors who could influence the outcome?
Will the leadership transition under Mr. Awale lead to any significant changes in Omega Interactive Technologies' business model or expansion into new technology segments?
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