Notice of shareholders meeting to be held on January 19, 2025
Awaiting price reaction for this filing.
Omega Interactive Technologies has called an Extra-Ordinary General Meeting on January 19, 2026 (via video conferencing) to seek shareholder approval on two key items. First, a sub-division (stock split) of equity shares from face value of Rs. 10 per share to Rs. 1 per share, effectively a 10:1 split that increases the share count tenfold while keeping total capital value unchanged. Second, shifting the registered office of the company from the State of Maharashtra to the State of Gujarat, along with a corresponding change in the Memorandum of Association. The Board approved the office shift on December 8, 2025, citing better business operations, strategic location advantages, and proximity to customers and suppliers.
The 10:1 stock split will lower the per-share price and may improve liquidity and retail participation, but it does not change the underlying value of the company. The shift of the registered office from Maharashtra to Gujarat is largely an administrative and strategic relocation; shareholders should watch for any tax or regulatory implications and the announcement of the record date for the sub-division.