Announcement under Regulation 30 (LODR)-Monitoring Ageny Report for the quarter ended December 31, 2025
Awaiting price reaction for this filing.
Acuité Ratings has submitted the monitoring agency report for Omega Interactive Technologies' Rights Issue of Convertible Warrants concluded in December 2025. The company originally planned to issue 92 lakh warrants at ₹103.50 each (₹95.22 crore), but only 90.4 lakh warrants were allotted, raising ₹93.56 crore on paper. However, only the mandatory 25% upfront subscription amount (₹23.39 crore) has actually been received so far, with the balance due within 18 months. Of the funds raised, ₹14.29 crore has been used for working capital and ₹8.50 crore for land purchase toward a movie studio. No amount has been deployed yet for film production (₹29.80 crore) or general corporate purposes (₹15.42 crore). The monitoring agency noted no deviation from stated objects.
Shareholders should note that the company's fund-raising pivot toward building a movie studio and film production business (from its original software/IT base) is underway but largely front-end loaded on working capital and land acquisition. Most of the deployment (especially film production and GCP) remains pending, and the bulk of subscription money is yet to come in from warrant holders within the 18-month window, which could affect timely project execution.