Optiemus Infracom has received approval to transfer the ‘Rental Division’ business of the Company to its wholly owned subsidiary company, which is in the process of being incorporated, as a ‘going concern’, on slump exchange basis. The Board of Directors of the Company at its meeting held on June 06, 2019 has approved the same.
Further, in consideration of such transfer, the wholly owned subsidiary company will issue its equity shares to the company in term of the Business Transfer Agreement executed by the Company.
Optiemus Infracom is engaged in leasing, equity trading, equity research, and loan syndication services. The company is also in the business activities of Renting of Immovable Property, Telecommunications - Mobiles handset and Accessories.
