Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Omega Interactive Technologies' board, at its meeting on December 29, 2025, approved the allotment of 25,70,000 fully convertible equity warrants to two non-promoter allottees on a preferential basis. The warrants are priced at Rs. 103.50 each (including a premium of Rs. 93.50 over the Rs. 10 face value). This is the fourth tranche under a preferential issue approved by shareholders at the September 1, 2025 EGM. Doxtrec Trade Private Limited received 24,25,000 warrants and Sachin Agrawal received 1,45,000 warrants, which together would represent about 22.10% of the post-issue share capital assuming full conversion. The allottees have paid 25% of the consideration upfront as required by SEBI rules, and each warrant is convertible into one equity share within 18 months at the allottee's option.
If all warrants are converted into equity shares, existing shareholders will face dilution of roughly 22%. Since this is a preferential issue, existing shareholders did not get an opportunity to participate. The current paid-up capital remains unchanged until conversion actually happens.