Annual Report of F.Y. 2024-25.
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Olatech Solutions Ltd has submitted its Annual Report for FY 2024-25 to BSE and notified the 11th Annual General Meeting scheduled for Wednesday, September 17, 2025 at 3:00 PM at its registered office in Navi Mumbai. The AGM agenda includes adoption of audited financial statements and re-appointment of Mr. Naved Iqbal (holding ~2.73% stake) as Non-Executive Director. Shareholders will also vote on appointing M/s Nikunj Kanabar & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), approving related party transactions with subsidiary Olatech Digital Solutions up to Rs. 5 crore, and increasing managerial remuneration limit under Section 197 (up to 20% of net profits vs. earlier 11%). Additionally, the company is seeking approval for the Olatech ESOP Plan 2025, allowing grant of up to 2,00,000 stock options (face value Rs. 10 each) to eligible employees of the company and group companies. E-voting window opens September 14, 2025 and closes September 16, 2025.
Routine annual compliance filing, but shareholders should note the proposed ESOP plan which could lead to equity dilution of up to 2 lakh shares, the Rs. 5 crore related party transaction ceiling with the subsidiary, and the proposal to raise director remuneration limits above standard statutory thresholds.