Omega Interactive Technologies Limited plans to raise up to ₹200 crore to fund its expansion into artificial intelligence and infrastructure development. The company’s Board of Directors will meet on July 31, 2026, to consider and approve the fund-raising proposal through one or more tranches. The capital will be raised via equity shares and/or other eligible securities, including Preferential Issue, Qualified Institutions Placement (QIP), Rights Issue, Private Placement, Convertible Warrants, or other permissible modes.

The proposed utilization of proceeds focuses heavily on technological advancement and strategic growth. Key allocations include setting up Artificial Intelligence (AI) Development Centres in Gujarat and investing in AI infrastructure, data centres, and cloud computing platforms. Additionally, the company intends to direct funds towards Research & Development, strategic acquisitions, investments, collaborations, and working capital requirements.

The Board will also deliberate on convening an Extraordinary General Meeting (EGM) or seeking shareholders' approval via Postal Ballot, if necessary. Appointments of merchant bankers, legal advisors, and other intermediaries connected to the fund-raising process are on the agenda. The meeting is being held pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In conjunction with the Board meeting, the Trading Window for dealing in the company's securities will remain closed for all Designated Persons. This closure is in accordance with the Company's Code of Conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will reopen 48 hours after the declaration of the Board meeting's outcome.

The fund-raising initiative is subject to the approval of shareholders and the receipt of applicable statutory and regulatory approvals. The company aims to utilize the proceeds for general corporate purposes alongside specific strategic investments to bolster its technological capabilities.

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.

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.