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Optiemus Infracom to transfer ‘Rental Division’ business to subsidiary company

08 Jun 2019 Evaluate

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.  

Optiemus Infracom Share Price

461.60 19.80 (4.48%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 222.80
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Amrapali Industries 18.21
Rashi Peripheral 530.50
PDS 300.95
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