Olatech Solutions Limited has announced the resignation of Mr. Navneet Kakkar from his position as Executive Director, effective January 13, 2026. The resignation was communicated to BSE SME Platform under Regulation 30 of SEBI (LODR) Regulations, 2015.

Resignation Details

Mr. Navneet Kakkar (DIN: 08329635) submitted his resignation letter on January 13, 2026, citing personal reasons for his decision to step down from the Board of Directors. The company confirmed that there are no other material reasons for his resignation beyond those mentioned.

Continued Role as CEO

While resigning from his Executive Director position, Kakkar will continue to serve as Chief Executive Officer of Olatech Solutions Limited. This arrangement allows him to maintain his operational responsibilities while stepping back from board duties.

Company Response

The company has formally accepted Kakkar's resignation and confirmed that he will be relieved from his Executive Director responsibilities effective January 13, 2026. In their official communication, Olatech Solutions Limited expressed sincere gratitude for Kakkar's valuable contributions, insights, and dedicated service during his tenure as Executive Director.

Regulatory Compliance

The resignation disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The announcement was signed by Amit Kumar Singh, Managing Director (DIN: 06582830), ensuring proper regulatory compliance and transparency with stakeholders.

The transition reflects the company's commitment to maintaining operational continuity while respecting individual career decisions of its leadership team.

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.