Omega Interactive Technologies Ltd — Board Meeting, 02-08-2025: Board Meeting

OMEGA Interactive Technologies' board has approved an increase in its Authorized Share Capital from 10.22 Cr to 11.82 Cr. The company also approved a preferential issue of 92,00,000 fully convertible warrants to 18 investors. Each warrant is priced at Rs. 103.50, aiming to raise a total of 95.22 Cr. These warrants are convertible into one equity share within 18 months, with 25% payable upfront. These actions will expand the company's capital base and facilitate significant fundraising for future operations, pending shareholder approval at an upcoming Extra-Ordinary General Meeting.