Statement of deviation and variation for the quarter ended December 31, 2025
Awaiting price reaction for this filing.
Omega Interactive Technologies Ltd has filed a statement confirming there is no deviation or variation in the use of funds raised through preferential allotments of fully convertible equity warrants during December 2025. The company raised funds through four separate allotments on December 18, 19, 26, and 29, 2025, totalling approximately Rs. 2,339.10 lakhs (around Rs. 23.39 crores). The stated purposes for these funds include film production-related expenses, purchase of land for a movie studio, working capital requirements, and general corporate purposes. Acuite Ratings & Research Limited is acting as the monitoring agency, and the statement is jointly signed by the Managing Director and the statutory auditors.
This is a routine regulatory compliance filing confirming funds raised via convertible warrants are being used as originally intended, with no misuse or change of purpose. For shareholders, it signals transparency and disciplined deployment of the recently raised capital toward the company's stated film and entertainment business plans.