Onward Technologies Limited has approved an investment of up to ₹13.10 crore in its wholly owned subsidiary, OT Park Private Limited. The capital infusion aims to strengthen long-term operating infrastructure and workplace facilities for the group.

The Board of Directors sanctioned the transaction on September 28, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investment will be made by way of subscription to up to 1,05,000 1% Optionally Convertible Redeemable Preference Shares (OCRPS) issued during a Rights Issue.

Transaction Structure

The company will subscribe to preference shares at an issue price of ₹1,248 per share. This structure allows Onward Technologies to retain control over OT Park while providing necessary capital without diluting equity ownership immediately. The consideration is cash-based, and no governmental or regulatory approvals are required for this related party transaction.

Strategic Rationale

OT Park Private Limited is engaged in the ownership, management, and leasing of infrastructure and workplace facilities. The proceeds from the Rights Issue will fund business requirements, including facility consolidation programmes and general corporate purposes. This move aligns with Onward Technologies' strategy to support its real estate and property holding activities through its subsidiary.

What the Numbers Show

The investment amount of ₹13.10 crore represents a significant capital deployment relative to OT Park's current scale. The subsidiary reported an audited turnover of ₹237.98 lakh (approximately ₹2.38 crore) in the previous period. The proposed investment is roughly 5.5 times the subsidiary's annual turnover, indicating a substantial expansion phase for OT Park's infrastructure assets rather than routine operational funding. The paid-up share capital of OT Park stands at ₹25.37 lakh, highlighting that the new capital injection will significantly bolster the subsidiary's balance sheet capacity for future leasing operations.

Onward Technologies Limited will hold a virtual interaction with analysts and investors on September 30, 2026. The session is scheduled from 1:00 pm to 2:00 pm IST as part of the Bharat Connect Conference: Rising Stars organized by Arihant Capital.

The company filed an intimation with both BSE and National Stock Exchange of India under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms the schedule for this group meeting, which is categorized as a virtual event.

Meeting Details

The interaction is structured as a group meeting rather than a one-on-one engagement. The venue is virtual, allowing broader participation from institutional investors and analysts.

Disclosure Scope and Compliance

Onward Technologies stated that discussions will be limited to the general business outlook and information already available in the public domain. The company explicitly noted that no unpublished price sensitive information (UPSI) will be shared or discussed during the session.

The schedule remains subject to change due to exigencies on the part of the analysts, institutional investors, or the company. This standard clause allows flexibility in case of unforeseen circumstances affecting the planned interaction.

Aakash Joshi, Company Secretary and Compliance Officer, signed the digital filing dated September 23, 2026. The document was addressed to the listing departments of both exchanges, ensuring regulatory compliance for investor communications.