Olatech Solutions has announced significant corporate actions aimed at strengthening its capital structure and strategic partnerships. The company's Board of Directors has approved two key measures: an increase in authorized share capital and a preferential allotment of shares to non-promoter entities.

Authorized Share Capital Increase

The Board has decided to increase the company's authorized share capital from Rs. 6.00 crores to Rs. 7.00 crores. This expansion will be achieved by creating an additional 10 lakh equity shares with a face value of Rs. 10 each. The move is designed to provide Olatech Solutions with greater flexibility in its capital structure.

Preferential Share Allotment

In a strategic move, the Board has approved the issuance of up to 7,76,093 equity shares on a preferential basis to non-promoter public category entities. These shares will be issued at Rs. 451.00 per share, which includes a premium of Rs. 441.00 per share. Notably, this allotment is for consideration other than cash, suggesting a non-monetary transaction, possibly related to asset acquisition or debt settlement.

The preferential allotment is primarily directed towards entities within the CodeBrew group of companies, including:

1. CodeBrew Inc.
2. CodeBrew Labs FZCO
3. CodeBrew W.L.L.
4. Codebrew Innovations Private Limited

Financial Implications

To understand the potential impact of these corporate actions, let's look at Olatech Solutions' recent financial position:

The proposed share allotment, valued at approximately Rs. 35.00 crores (7,76,093 shares at Rs. 451.00 each), represents a significant addition to the company's capital base. This infusion could potentially boost Olatech's total assets and shareholders' capital substantially.

Next Steps

The company will conduct an Extra-Ordinary General Meeting (EGM) to seek shareholder approval for these corporate actions. M/s. Nikunj Kanabar Associates, Practicing Company Secretaries, has been appointed as the scrutinizer for the voting process.

These strategic moves by Olatech Solutions indicate a focus on strengthening its capital structure and potentially expanding its operational capabilities through strategic partnerships. Investors and market watchers will be keen to observe how these actions translate into the company's future growth and market position.

Note: All financial figures are in Indian Rupees (INR) and sourced from the company's latest available balance sheet data.

Olatech Solutions Limited , a technology solutions provider, has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing significant profit growth and strong financial performance.

Financial Highlights

The company reported a consolidated profit before taxation of ₹328.22 lakhs for the half-year period, marking a substantial increase from ₹125.30 lakhs in the corresponding period of the previous year. On a standalone basis, the profit before taxation stood at ₹322.95 lakhs, also showing considerable growth from the previous year's figure.

Revenue and Operational Performance

Olatech Solutions demonstrated robust revenue growth, with total income rising to ₹1,679.11 lakhs on a consolidated basis, compared to ₹977.34 lakhs in the same period last year. This represents a year-on-year growth of approximately 71.80%.

Balance Sheet Strength

The company's balance sheet showed significant improvement, with total assets increasing to ₹4,719.97 lakhs as of September 30, 2025, up from ₹2,278.30 lakhs at the end of the previous financial year. This growth was primarily driven by increases in current assets, particularly in inventories and trade receivables.

Key Financial Metrics

Management Commentary

Mr. Amit Kumar Singh, Managing Director of Olatech Solutions Limited, stated, "We are pleased with our half-yearly performance, which reflects the strong demand for our technology solutions and our team's ability to execute effectively. The significant growth in profit and revenue underscores the success of our strategic initiatives and the value we continue to deliver to our clients."

Audit Review

The financial results were reviewed by the company's statutory auditors, M/s. Sachin & Associates, Chartered Accountants, who provided an unmodified opinion on the financial statements.

Future Outlook

While the company has shown impressive growth, it has not provided specific guidance for the future. The strong financial performance and balance sheet position suggest that Olatech Solutions is well-positioned in the technology solutions sector.

Investors and stakeholders are advised to consider these results in the context of overall market conditions and to refer to the detailed financial statements for a comprehensive understanding of the company's performance.