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Olatech Solutions LtdImportant, 05-05-2026: Company Update

05-05-2026 · 05:49 pm

Olatech Solutions' Board has approved the forfeiture of 9,74,000 unexercised warrants issued to a non-promoter investor. These warrants were not converted into shares within the required period. Consequently, the upfront payment of Rs. 4.41 Cr received for these warrants has been forfeited by the company. This decision prevents potential future equity dilution and ensures no change in the current paid-up share capital, which is a positive development for existing shareholders.

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