Omega Interactive Technologies Limited (OITL) has announced plans to expand its global footprint by establishing a wholly-owned subsidiary in Dubai, United Arab Emirates. The company's board of directors approved this strategic move during a meeting held on September 16, 2025, aiming to diversify its business portfolio across multiple sectors.

Key Highlights of the Expansion Plan

• Subsidiary Formation: OITL will either incorporate a new company or acquire an existing entity in Dubai.
• Business Focus: The new subsidiary will engage in infrastructure, jewelry, IT software and hardware, and the film industry.
• Ownership Structure: OITL will maintain 100% shareholding in the new entity.
• Initial Investment: The proposed subsidiary will have a share capital of 1,00,000.
• Governance: OITL will have complete control over director appointments and voting rights in the new entity.

Strategic Implications

The decision to establish a presence in Dubai signifies OITL's ambition to tap into new markets and diversify its revenue streams. By focusing on sectors such as infrastructure, jewelry, IT, and the film industry, the company aims to leverage Dubai's strategic location and business-friendly environment to drive growth.

Corporate Governance and Compliance

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, OITL has disclosed the following details:

• The board meeting commenced at 11:00 AM and concluded at 01:00 PM on September 16, 2025.
• The new subsidiary, once incorporated or acquired, will be considered a related party of OITL.
• The initial subscription to the share capital will be made through cash, banking channels, or other approved forms.

Management Commentary

Dineshkumar Dharamkumar Sabnani, Director of OITL, signed off on the regulatory filing, underlining the company's commitment to transparent communication with stakeholders.

This strategic expansion into Dubai marks a significant step for Omega Interactive Technologies Limited as it seeks to broaden its business horizons and create new avenues for growth in diverse sectors.

Omega Interactive Technologies Limited has successfully completed the allotment of 27,05,000 fully convertible equity warrants in the third tranche of its preferential issue, raising ₹28.01 crore. The company's board approved the allotment on December 26, 2025, following BSE's in-principle approval granted on December 16, 2025.

Third Tranche Allotment Details

The company has allotted warrants to 2 non-promoter investors at ₹103.50 per warrant, including a premium of ₹93.50 per warrant. This represents the third tranche of the originally planned ₹95.22 crore fundraise through 92,00,000 warrants.

Major Allottee Distribution

The largest allocation went to Thakor Nayana Chandubhai with 27,00,000 warrants, while Samruddhi Dilip Lunawat received 5,000 warrants:

Post-Allotment Shareholding Impact

Assuming full conversion of the allotted warrants, the shareholding pattern will see significant changes in the equity base:

Cumulative Warrant Allotment Progress

With the completion of three tranches, the company has now allotted a total of 64,70,000 warrants, raising ₹66.98 crore:

Conversion Terms and Payment Structure

Each warrant is convertible into one fully paid-up equity share of ₹10 face value within 18 months from the allotment date. The company has received 25% of the consideration amount upfront as required under SEBI regulations, with the remaining 75% payable upon conversion.

Regulatory Compliance and Future Plans

The allotment was completed in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, following the special resolution passed by members in the EGM held on September 1, 2025. The current allotment does not change the paid-up share capital as the warrants are yet to be converted.

This third tranche represents approximately 70.3% completion of the total planned warrant issue, with the company having raised ₹66.98 crore out of the targeted ₹95.22 crore fundraise for film production, studio development, and working capital requirements.