Omega Interactive Technologies Limited is an Indian-based technology and diversified services entity. Historically focused on **Information Technology (IT)** and **IT Enabled Services (ITES)**, the company is currently undergoing a radical strategic transformation. This pivot involves expanding into high-growth sectors including **Artificial Intelligence (AI)**, **Media & Entertainment**, **Real Estate**, and **International Trading**, supported by aggressive capital raising and a shift toward high-value digital services. --- ### **Core Business Verticals & Technological Capabilities** The company’s operations are structured across several multi-disciplinary segments, leveraging emerging technologies to move beyond traditional cost-arbitrage models. #### **1. Advanced IT, AI & Healthcare Deep Learning** Omega provides end-to-end technology services with a strategic focus on **Cloud**, **AI**, and **SMAC** (Social, Mobile, Analytics, and Cloud) to counter automation trends. * **Artificial Intelligence (AI):** Research, design, and deployment of **Machine Learning (ML)**, **Natural Language Processing (NLP)**, and **Deep Learning** models. * **Healthcare IT:** Specialized development of deep learning models and software targeted at clinical and operational transformations in the healthcare sector. * **Software Development:** Customization and implementation of **Enterprise Resource Planning (ERP)**, e-commerce platforms, and microprocessor-based information systems. * **Infrastructure:** Dealing in computer hardware, mainframes, supercomputers, and computerized telecommunication networks. #### **2. Media, Entertainment & Content Production** The company is integrated across the audio-visual value chain, utilizing AI tools for automated editing, rights management, and content monetization. * **Content Creation:** Production and distribution of motion pictures, web series, documentaries, and television serials. * **Exhibition:** Authorization to operate **Multiplexes** and specialty cinemas, including **3D, 4D, seat simulators, and IMAX** theaters. * **Studio Services:** Management of sound stages, film studios, and post-production facilities. #### **3. Diversified Trading & Infrastructure** Omega maintains broad constitutional mandates to operate in high-value physical and service sectors: * **Real Estate:** Acting as developers for residential and commercial projects, including **townships, holiday resorts, and industrial estates**. * **Agri-Business:** Processing and trading in **spices, oil seeds, grains, and herbs**. * **Gems & Jewellery:** Manufacturing and wholesale/retail trading of **bullion, gold ornaments, diamonds, and precious stones**. * **Manpower Services:** Recruitment and staffing services for domestic and international markets. --- ### **Strategic Financial Engineering & Capital Allocation** The company has utilized preferential allotments of **Fully Convertible Equity Warrants** to fund its expansion. | Date | Instrument | Total Amount | Primary Objects | | :--- | :--- | :--- | :--- | | **Aug 2025** | **92,00,000** Warrants @ **INR 103.50** | **INR 95.22 Crore** | Film production (**29.8Cr**), Land for studio (**30Cr**), Working Capital (**20Cr**) | | **Nov 2023** | **34,37,500** Warrants @ **INR 128.00** | **INR 44.00 Crore** | IT software, technology investment, and working capital | **Key Capital Actions:** * **Stock Split (Jan 2026):** Sub-division of equity shares from a face value of **INR 10/-** to **INR 1/-** to enhance market liquidity. * **Warrant Conversions:** In **April 2026**, the company allotted **5,31,29,400** Equity Shares (post-split) following the conversion of the 2025 warrants. * **International Expansion:** Approved the incorporation of a **Wholly Owned Subsidiary (WOS)** in **Dubai, UAE**, with an initial capital of **INR 1,00,000** to manage offshore operations. * **M&A Activity:** Acquired **100% equity stake** in **Finanvo Technologies** in **March 2024**. Conversely, a **INR 400 Crore** bid for **Ankit Metal and Power Limited** was withdrawn in **December 2024**. --- ### **Financial Performance & Gearing** Omega demonstrated a significant turnaround in **FY 2024-25**, moving from a net loss to profitability. **Comparative Financial Summary:** | Metric (INR) | FY 2024-25 (Audited) | FY 2023-24 (Audited) | | :--- | :--- | :--- | | **Total Income** | **2.58 Crore** | **14.31 Lakh** | | **Profit After Tax (PAT)** | **1.19 Crore** | **(8.80 Lakh)** | | **Earnings Per Share (EPS)** | **8.59** | **(1.76)** | **Liquidity and Debt Profile (INR in Lakhs):** | Particulars | March 31, 2025 | March 31, 2024 | | :--- | :--- | :--- | | **Current Borrowings** | **980.83** | **1,408.87** | | **Cash & Bank Balances** | **1.94** | **(272.22)** | | **Net Debt** | **982.77** | **1,136.65** | --- ### **Operational Structure & Facilities** The company operates with a lean human resource model and has recently consolidated its physical footprint. * **Management:** Led by **Dineshkumar D. Sabnani** (Managing Director, appointed for a 5-year term effective **Nov 22, 2024**). * **Consolidated Office (April 2026):** SH 607, 6th Floor, Town Centre Commercial Premises Centre, Marol, Andheri (East), Mumbai - **400059**. * **Books of Accounts:** Located in Ahmedabad (Effective **May 10, 2025**). * **Auditor:** **M/s Bhatt Shah Mekhia & Co.** --- ### **Critical Risk Factors & Governance Concerns** Investors should note significant regulatory and operational challenges that may impact the company’s stability. #### **1. Governance Lapses** * **KMP Vacancies:** The company has been without a **Chief Financial Officer (CFO)** since **January 29, 2025**, and has faced periods without a Company Secretary. * **Board Independence:** Potential conflict regarding an Independent Director being the spouse of a Non-Executive Director. * **Compliance Failures:** Repeated delays in filing audited results and shareholding patterns. The company currently does not maintain a functional website as required by **SEBI Regulation 46**. #### **2. Internal Controls & Legal Risks** * **Audit Deficiencies:** No **Internal Auditor** was appointed for **FY 2024-25**. The company also failed to maintain **Structured Digital Database (SDD)** software for tracking price-sensitive information. * **Loan Exposure:** Management must apply judgment for impairment provisions on loans totaling **₹60,00,000**, some of which exceeded limits under **Section 186** of the Companies Act. #### **3. Information Integrity** * **Misinformation:** The company is currently addressing fraudulent claims on social media (Telegram) regarding "Project OMEORA," the opening of **500 AI centers**, and a rumored **75% stake** acquisition by Oracle. The company has officially denied these claims. #### **4. Market Risks** * **Credit Risk:** Primary exposure exists through **unsecured, non-interest bearing trade receivables**. * **Interest Rate Risk:** The company is exposed via its **₹9.8 Crore** in current borrowings.