Omega Interactive Technologies Ltd. — Capital/Financing Update 2024

Apr 2, 2024

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Date: 02/04/2024

The Manager,

BSE Limited,

25[th] Floor, PJ Towers,

Dalal Street Fort, Mumbai- 400 001

SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 - CONVERSION OF 7,33,488 (SEVEN LAKH THIRTY-THREE THOUSAND FOUR HUNDRED EIGHTY-EIGHT) WARRANTS INTO EQUAL NUMBER OF EQUITY SHARES OF THE COMPANY

- REF: OMEGA INTERACTIVE TECHNOLOGIES LIMITED (BSE SCRIP CODE 511644)

Dear Sir / Madam,

This is with furtherance to our intimation given by the Company on February 23, 2024 w.r.t. allotment of 20,91,249 (Twenty Lakh Ninety One Thousand Two Hundred Forty Nine) warrants, each convertible into equity shares of face value of Rs. 10/- each, (“Warrants”) at an issue price (“Warrant Issue Price”) of Rs. 128/- each (Rupees One Hundred Twenty Eight only), after receipt of subscription amount being 25% of the issue price from the allottees on preferential basis as per the list forming part of the said letter.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that members of the Board of Directors of the Company through resolution by circulation on 02[nd] April,2024 considered and approved the conversion of 7,33,488 (Seven Lakh Thirty Three Thousand Four Hundred Eighty Eight) warrants into 7,33,488 (Seven Lakh Thirty Three Thousand Four Hundred Eighty Eight) equity shares of face value of Rs. 10/- each, out of the 20,91,249 (Twenty Lakh Ninety One Thousand Two Hundred Forty Nine) warrants allotted on February 23, 2024 on preferential basis, upon receipt of an amount aggregating to Rs. 7,04,14,848/- (Rupees Seven Crore Four Lakh Fourteen Thousand Eight Hundred Forty Eight) at the rate of Rs. 96/- (Rupees Ninety Six only) per warrant (being 75% of the issue price per warrant) from the allottees pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018 and list of allottees along with name of warrant holders whose warrants are pending for conversion is enclosed as Annexure-I.

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Consequent to today's conversion of warrants/allotment of Equity Shares, 13,57,761 (Thirteen Lakh Fifty-Seven Thousand Seven Hundred Sixty-One) warrants shall remain pending for conversion which can only be converted into equity shares upon payment of balance 75% of the warrant amounts as per issue price per warrant within 18 months from the date of warrant allotment.

Pursuant to conversion, the Issued, Subscribed and Paid-up Equity Share Capital of the Company stands increased to Rs. 1,23,34,880/- consisting of 12,33,488 fully paid-up Equity Shares of Rs. 10/-each.

The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company subject to completion of necessary corporate actions and receipt of listing and trading approvals.

Kindly take in on your records.

Thanking You, Yours faithfully

FOR, OMEGA INTERACTIVE TECHNOLOGIES LIMITED

ARUN Digitally signed by ARUN KUMAR Date: 2024.04.02 KUMAR 17:10:21 +05'30'

ARUN KUMAR DIRECTOR DIN: 09055964

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Annexure - I

The names of the allottees of Equity Shares pursuant to conversion of warrants allotted on preferential basis:

SR NO	Name of the Allotees	Category	No Warrants Held	No of Equity Shares Allotted	Amount Received being 75% of the issue price per warrant (in Rs.)	No of warrants pending for conversion
1	Jayesh Amrutlal Shah	Promoter	6,27,473	NIL	NIL	6,27,473
2	Prabhat V Somani	Non- Promoter	3,65,944	NIL	NIL	3,65,944
3	Asha Vishnu Somani	Non- Promoter	3,65,944	3,65,944	Rs. 35,130,624	NIL
4	Hansa B Patel	Non- Promoter	3,65,944	3,65,944	Rs. 35,130,624	NIL
5	Saurabh Madhusudan Patel	Non- Promoter	3,64,344	NIL	NIL	3,64,344
6	Falgun Sudhirbhai Brahmbhatt	Non- Promoter	1600	1600	Rs. 1,53,600	NIL
Total			20,91,249	7,33,488	**Rs. 7,04,14,848/- **	13,57,761

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