Omega Interactive Technologies Limited has announced a significant change in its key personnel. Mr. Ankit Bhojak, who served as the Company Secretary and Compliance Officer, has submitted his resignation, citing personal reasons for his departure.

Resignation Details

Company's Statement

Omega Interactive Technologies Limited has confirmed that there are no material reasons for the resignation beyond those mentioned in Mr. Bhojak's resignation letter. The company acknowledged Bhojak's role as a Key Managerial Personnel, underlining the significance of his position within the organization.

Implications

The departure of a Company Secretary and Compliance Officer is a notable event for any publicly traded company. These roles are crucial for ensuring adherence to regulatory requirements and maintaining effective corporate governance. Omega Interactive Technologies will likely be seeking a suitable replacement to fill this important position to ensure continuity in its compliance and secretarial functions.

Shareholders and investors may want to keep an eye on further announcements from the company regarding the appointment of a new Company Secretary and Compliance Officer in the coming weeks.

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.