Olatech Solutions Ltd

• Board approved forfeiture of 9,74,000 warrants allotted to a non-promoter. • Warrants not exercised within 18 months; upfront amount forfeited. • No change in paid-up capital; reduces future equity dilution. • Total upfront amount forfeited: Rs.4.40 crore approx.

⚠️ Forfeiture of Unexercised Warrants

📌 Understanding Warrants and Forfeiture:

• Warrants allow holders to purchase shares at a fixed price within a set period.
• Issued preferentially to a non-promoter investor.
• 25% payment upfront; remaining 75% on exercising within 18 months.

⚠️ Reason for Forfeiture:

• Investor failed to exercise the warrants within deadline.
• Upfront amount already paid is forfeited by the company.

📊 Quantitative Details:

• Warrants forfeited: 9,74,000.
• Price per warrant: Rs. 181.
• Total amount forfeited: Rs. 4.40 crore approx.

🔍 Impact and Perception:

• No immediate change in paid-up capital.
• Reduces equity dilution risk for existing shareholders.
• Company retains forfeited upfront payment.

📋 Summary for Investors:

• Update on company’s capital structure via unexercised warrants.
• Decreases future dilution; maintains shareholder value.
• No current impact on shareholding.

⏰ Timing Note:

Board meeting was held and concluded on May 5, 2026, between 4:00 PM and 4:30 PM.

This information helps understand company’s handling of equity instruments and potential dilution.