Omega Interactive Technologies Limited has submitted its quarterly compliance report regarding the utilization of funds raised through preferential issue of fully convertible equity warrants for the quarter ended 31-12-2025. The company confirmed no deviation or variation in the deployment of proceeds, maintaining full compliance with regulatory requirements.

Fund Raising Details

The company completed four separate allotments of fully convertible equity warrants during December 2025, raising substantial capital for its business operations:

Fund Allocation and Utilization

The proceeds from the preferential issue have been allocated across four strategic areas to support the company's growth initiatives:

The company has utilized Rs. 14.29 crores for working capital requirements and Rs. 8.50 crores for the purchase of land for movie studio development during the quarter.

Regulatory Compliance

Omega Interactive Technologies maintained full regulatory compliance during the reporting period. Key compliance highlights include:

• No deviation or variation reported in fund utilization
• Monitoring conducted by Acuite Ratings & Research Limited
• All regulatory filings completed as per schedule
• Audit committee and auditor comments marked as not applicable

The company's adherence to prescribed fund utilization guidelines demonstrates disciplined capital deployment and transparent corporate governance practices. The monitoring agency oversight ensures continued compliance with regulatory frameworks governing preferential issue proceeds.

Omega Interactive Technologies has received a clean monitoring report from Acuité Ratings and Research Limited for Q3FY26, confirming compliant utilization of warrant issue proceeds without any deviation from stated objectives.

Issue Details and Fund Raising

The company's warrant issue details show a variance between proposed and actual allotment:

The company received INR 23.59 crore as 25% of the subscription amount till December 31, 2025, representing the initial payment for the convertible warrants issued in December 2025.

Fund Utilization Progress

During Q3FY26, Omega Interactive Technologies utilized INR 22.79 crore across different objectives as outlined in the offer document:

Movie Studio Development Initiative

The company has established a movie studio under its Omega Production House division, with operations expected to commence in May 2026. For this initiative, the company has acquired land valued at INR 40.00 crore, funded through INR 30.00 crore from warrant proceeds and INR 10.00 crore from internal accruals. The land is situated at Survey No. 666, Shiholi Moti, Taluka Gandhinagar, Gujarat.

Regulatory Compliance Assessment

Acuité Ratings confirmed several key compliance aspects:

• All utilizations align with offer document disclosures
• No material deviations requiring shareholder approval
• No changes in financing means for disclosed objects
• No government or statutory approvals required for the stated objects
• No unfavorable events affecting object viability observed

Financial Position and Cash Management

The company maintains INR 0.60 crore in unutilized funds, distributed across INR 0.502 crore in Axis Bank Current account and INR 0.094 crore in Yes Bank Current account. The monitoring agency found no deployment of unutilized proceeds in financial instruments during the quarter.

Monitoring Agency Declaration

Acuité Ratings emphasized that the report provides an objective view based on information from the issuer and reliable sources, while noting they do not perform audits or independent verification. The agency confirmed no conflict of interest in their monitoring role, maintaining their independence in assessing fund utilization compliance.