Omega Interactive Technologies Ltd — Important, 28-08-2025: Company Update
28-08-2025 | 04:41 pm
28-08-2025 | 04:41 pm
Omega Interactive Technologies has issued a corrigendum to its Extra-Ordinary General Meeting notice, providing additional details for a proposed preferential issue. The company plans to issue up to 92,00,000 fully convertible equity warrants at Rs 103.50 each, aggregating to 95.22 Cr. These warrants, convertible into equity shares within 18 months, will be allotted to non-promoter/public investors. Proceeds will fund film production (29.80 Cr), land for a movie studio (30.00 Cr), working capital (20.00 Cr), and general corporate purposes (15.42 Cr). This capital raise aims to support business expansion.
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