Olatech Solutions Limited has announced the successful completion of its Extra Ordinary General Meeting (EGM) held on January 08, 2026, where shareholders approved two significant special resolutions with overwhelming support. The meeting was conducted at the company's office in Rupa Solitaire, Millennium Business Park, Mahape, Navi Mumbai.

Meeting Overview and Participation

The EGM witnessed strong shareholder participation with comprehensive voting results declared on January 09, 2026. The company had 448 shareholders on the record date of January 01, 2026, demonstrating a broad investor base.

Resolution Details and Voting Results

Both special resolutions received identical and remarkable support from shareholders, with 99.97% of votes cast in favour. The voting process included remote e-voting conducted from January 05-07, 2026, ensuring maximum shareholder participation.

Resolution 1: Authorised Share Capital Increase

The first resolution focused on increasing the company's authorised share capital and consequent alteration of memorandum of association. This strategic move received comprehensive shareholder backing.

Resolution 2: Preferential Share Issuance

The second resolution concerned the issuance of equity shares to non-promoter categories on a preferential basis, receiving identical voting support as the first resolution.

Scrutinizer's Validation

Nikunj Kanabar & Associates, appointed as scrutinizer, validated the voting process and confirmed that both resolutions were passed with requisite majority. The scrutinizer's report highlighted the transparent and fair conduct of the voting process, with no invalid votes recorded across any category.

Corporate Governance and Compliance

The company demonstrated strong corporate governance practices by conducting the EGM in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results have been uploaded in XBRL mode and made available on the company's website at www.olatechs.com , ensuring transparency for all stakeholders.

The overwhelming shareholder support for both resolutions indicates strong confidence in the company's strategic direction and management's ability to execute growth initiatives effectively.

Olatech Solutions has issued a revised disclosure regarding its Board Meeting held on December 08, 2025, correcting earlier typographical errors in the preferential share allotment details. The company submitted the revision on December 16, 2025, to rectify computational errors in the original disclosure.

Corrected Board Meeting Decisions

The Board of Directors has reaffirmed key corporate actions with revised details:

Key Corrections Made

The revision addresses two significant errors in the original disclosure:

1. Typographical Error: The number of equity shares proposed to be issued was incorrectly computed in the earlier submission
2. Entity Exclusion: Codebrew Innovations Private Limited was incorrectly referenced in the original disclosure and is not a party to the proposed preferential issue or share swap transaction

Revised Allottee Details

The corrected preferential allotment is now limited to specific CodeBrew group entities:

Transaction Structure

The preferential issue is structured as consideration other than cash, specifically for the purpose of discharging the purchase of stake in the mentioned entities. The issue price of ₹451 per share has been determined in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Regulatory Compliance

The company has maintained its earlier appointments and procedures:

• Scrutinizer: M/s. Nikunj Kanabar Associates, Practicing Company Secretaries
• EGM Requirement: Extra-Ordinary General Meeting to seek shareholder approval
• Compliance: Full adherence to Regulation 30 of SEBI Listing Regulations

The revision demonstrates Olatech Solutions' commitment to accurate disclosure and regulatory compliance, ensuring shareholders receive precise information about the company's corporate actions.