Onemi Technology Solutions Limited shareholders approved a special resolution to issue equity shares through a preferential allotment on a private placement basis. The approval was granted during the first Extra-Ordinary General Meeting (EGM) for the financial year 2026-27, held on October 14, 2026.

The meeting was conducted via video conferencing and other audio-visual means, commencing at 4:00 pm and concluding at 4:44 pm. Ranvir Singh, Chairman, CEO, and Executive Director, presided over the session. The primary objective of the proposed issuance is to meet the company's capital requirements and fund its future growth initiatives.

Voting results and shareholder participation

The resolution was passed with a requisite majority, securing 97.93% of the valid votes cast in favor. A total of 136,962,223 shares voted on the resolution, representing 77.26% of the total outstanding shares as of the record date.

Promoters and the promoter group voted unanimously in favor, casting 41,785,126 votes, which constituted 100% of their holding. Among public shareholders, institutions showed mixed sentiment, with 91.29% voting in favor and 8.71% against. Non-institutional public shareholders overwhelmingly supported the move, with 99.99% of their polled votes in favor.

Resolution details and voting process

The sole item of special business involved the approval of the preferential issue. Voting was conducted exclusively through remote e-voting facilities, as proxy appointments are not applicable in virtual meetings. The remote e-voting window opened on October 9, 2026, and closed on October 13, 2026.

Members who attended the EGM but had not voted remotely were permitted to cast their votes during the meeting through an e-voting facility, which remained open for 15 minutes after the formal proceedings concluded. The record date for determining eligible shareholders was October 7, 2026.

Key attendees and compliance

The meeting was attended by key managerial personnel and directors, ensuring full compliance with regulatory requirements for quorum and disclosure.

Chokshi & Chokshi LLP served as the statutory auditors, while Ramadevi Satish Venigalla acted as the secretarial auditor and scrutinizer for the voting process. The company secretary confirmed that all necessary documents were made available electronically for inspection by members prior to and during the meeting.

Onemi Technology Solutions Ltd reported a 68.4% year-on-year increase in Assets Under Management (AUM) to approximately ₹9,317 crore for the quarter ended September 30, 2026. The digital lender also disclosed that overall disbursements reached ₹4,612 crore in Q2FY27.

The company announced these provisional business updates on October 3, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This release follows the closure of its trading window for designated persons and their immediate relatives, which began on October 1, 2026, and remains in effect until 48 hours after the declaration of unaudited financial results for Q2FY27 and H1FY27.

Provisional Business Metrics

The provisional data highlights significant expansion across key operational metrics compared to the same period last year. Registered users grew by 32.6% to 79.54 million, while cumulative customers served increased by 22.5% to 12.80 million. During Q2FY27 specifically, customers served rose by 0.55 million.

The Loan Against Property (LAP) portfolio mix expanded to 7.9% of total AUM as of September 30, 2026, up from 4.1% in September 2025 and 7.7% in June 2026. On a quarter-on-quarter basis, AUM increased by approximately ₹1,316 crore, representing a 16.4% growth from the previous quarter.

Regulatory Compliance and Timeline

The trading window restriction was implemented under the Code of Conduct to regulate trading by Designated Persons, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The Board of Directors meeting to approve the final unaudited financial results has not yet been scheduled. The specific date will be informed to the stock exchanges in due course.

The filing regarding both the trading window closure and the business update was signed by Shraddha Rajkumar Patangia, Company Secretary and Compliance Officer. The company was formerly known as OnEMI Technology Solutions Private Limited.

What the Numbers Show

The divergence between AUM growth (68.4%) and disbursement growth (55.7%) suggests that the portfolio is benefiting from both new loan originations and potentially improved retention or balance sheet efficiency relative to the prior year's base. Additionally, the steady rise in LAP mix from 4.1% to 7.9% over twelve months indicates a strategic shift toward secured lending products within the mass market segment.