Omega Interactive Technologies Limited has reversed its decision to relocate its registered office from Maharashtra to Gujarat, despite receiving shareholder approval for the move. The company announced this strategic reversal following a Board meeting held on January 20, 2026.

Board Decision and Rationale

The Board of Directors conducted a comprehensive review of the relocation proposal and decided against proceeding with the office shift. The decision was based on several key factors that the company outlined in its regulatory filing.

Strategic Considerations

The company cited multiple strategic reasons for maintaining its current location. After evaluating present and future business requirements, the Board determined that the existing Mumbai location offers superior advantages.

Key factors influencing the decision included:

• Better business prospects at the current location
• Favorable operating environment in Mumbai
• Significant expansion opportunities in the existing city
• Cost considerations favoring the current setup
• Long-term strategic growth potential

Current Office Details

The registered office will continue to operate from its established Mumbai location. The company confirmed that no further action will be taken regarding applications or petitions with statutory and regulatory authorities for the proposed relocation.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the Bombay Stock Exchange about the Board's decision through an official communication signed by Managing Director Dineshkumar Dharamkumar Sabnani.

The withdrawal effectively nullifies the special resolution passed by shareholders at the Extraordinary General Meeting, demonstrating the Board's commitment to making decisions that align with the company's long-term strategic interests and stakeholder value creation.

Omega Interactive Technologies Limited has successfully completed the allotment of 25,70,000 fully convertible equity warrants in the fourth tranche of its preferential issue, raising ₹26.60 crore. The company's board approved the allotment on December 29, 2025, following BSE's in-principle approval granted on December 16, 2025.

Fourth 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 fourth tranche of the originally planned ₹95.22 crore fundraise through 92,00,000 warrants.

Major Allottee Distribution

The largest allocation went to Doxtrec Trade Private Limited with 24,25,000 warrants, while Sachin Agrawal received 1,45,000 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 four tranches, the company has now allotted a total of 90,40,000 warrants, raising ₹93.58 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 fourth tranche represents approximately 98.3% completion of the total planned warrant issue, with the company having raised ₹93.58 crore out of the targeted ₹95.22 crore fundraise for film production, studio development, and working capital requirements.