New Launch14 Feb 2026, 05:32 pm
Omega Interactive Technologies Raises INR 93.56 Crores in Right Issue, Commences Movie Studio Operations in May 2026
AI Summary
Omega Interactive Technologies Ltd, a Software Products/Information Technology company, raised INR 93.56 Crores through a right issue of convertible warrants. The company received 90,40,000 warrants subscriptions out of 92,00,000 proposed warrants. The funds will be used for working capital requirements, purchase of land for a movie studio, film production-related expenses, and general corporate purposes. The movie studio is expected to commence operations in May 2026.
Key Highlights
- Raised INR 93.56 Crores in Right Issue
- 90,40,000 warrants subscriptions received
- Funds to be used for working capital, land purchase, production expenses, and general corporate purposes
- Movie studio to commence operations in May 2026