Onemi Technology Solutions has scheduled its Extra-Ordinary General Meeting (EGM) for October 14, 2026, to seek shareholder approval for a preferential issue worth up to ₹832.20 crore. The company published newspaper advertisements regarding the meeting in Business Standard and Mumbai Lakshadeep. The Board of Directors approved the proposal during its meeting held on September 17, 2026.

The issuance involves up to 2,64,93,882 equity shares at an issue price of ₹314.11 per share from 34 identified non-promoter investors. The transaction is subject to regulatory clearances under SEBI ICDR Regulations, 2018, and the Companies Act, 2013.

Issue Details

The company will issue fully paid-up equity shares with a face value of ₹1 each. The issue price includes a premium of ₹313.11 per share. The total amount to be raised is approximately ₹832.20 crore.

Shareholder Approval

The EGM is scheduled for Wednesday, October 14, 2026, at 4:00 pm (IST). The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars. The deemed venue for the EGM is the registered office of the company.

The company has fixed Wednesday, October 7, 2026, as the cut-off date for determining members eligible to vote. Remote e-voting commences on Friday, October 9, 2026, at 9:00 am and ends on Tuesday, October 13, 2026, at 5:00 pm. Shareholders will be provided with a remote e-voting facility to cast their votes on all resolutions set out in the notice. Members attending the EGM through VC/OAVM will be counted for reckoning quorum under Section 103 of the Companies Act, 2013.

Investor Participation

The subscription includes participation from various institutional investors and mutual funds. Key participants include Axis Small Cap Fund, HDFC Banking & Financial Services Fund, and Massachusetts Institute of Technology.

Use of Proceeds

The company plans to infuse 75% of the additional capital into Si Creva Capital Services Private Limited, its wholly owned subsidiary. This infusion aims to provide Kissht with greater financial flexibility to scale its lending business, strengthen technology and digital capabilities, expand product offerings, and deepen reach across target customer segments.

The remaining 25% of the fundraise will be used for general corporate purposes, supporting Kissht's broader growth strategy in India's digital financial services ecosystem.

Strategic Outlook

Kissht is targeting multiple credit rating upgrades over the next two years, supported by strong capitalisation and continued high-quality credit growth. These upgrades are expected to lower borrowing costs, expand access to a diversified pool of capital, and increase funding capacity. The resulting reduction in funding costs should strengthen margins and profitability, while the larger funding base will allow Kissht to scale lending without compromising credit discipline.

Shraddha Rajkumar Patangia, Company Secretary and Compliance Officer, signed the intimation to the stock exchanges.

Onemi Technology Solutions Ltd has cancelled its participation in the Anand Rathi G-200 Summit investor meet scheduled for September 21, 2026. The company cited certain exigencies as the reason for pulling out of the event.

The firm had previously intimated its participation in a letter dated August 5, 2026. The cancellation was communicated to BSE Limited and National Stock Exchange of India Limited on September 18, 2026.

Event Details

The scheduled event was an in-person conference featuring multiple one-on-one and group meetings with institutional and non-institutional investors.

Regulatory Disclosure

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website.