Monitoring agency report for the period ended March 31, 2026.
Awaiting price reaction for this filing.
Omega Interactive Technologies Ltd has submitted its monitoring agency report for Q4 FY2025-26, covering the utilisation of INR 95.22 crore raised through a preferential issue of 90.40 lakh convertible warrants at INR 103.50 per warrant. The monitoring agency Acuite Ratings and Research Limited has confirmed that the proceeds have been fully utilised as per the disclosed objects in the offer document, with no material deviations observed. The funds were allocated across four purposes: working capital (INR 20 crore), purchase of land for movie studio (INR 30 crore), film production expenses (INR 29.80 crore), and general corporate purpose (INR 15.42 crore). The company has partially deployed funds for land acquisition in Gujarat and plans to establish the movie studio by September 2027. No unfavorable events affecting viability were noted.
Positive signal for shareholders as the independent monitoring agency confirms proper utilisation of the INR 93.56 crore raised, with no deviations from stated objects. The company is progressing on its movie studio plans in Gujarat, though full deployment is expected by 2027.