Optiemus Infracom has received approval to make further investment of Rs 2.40 crore in Optiemus Unmanned Systems (OUS), Wholly Owned Subsidiary, by way of acquisition of 24,00,000 equity shares at its face value i.e. Rs 10 each, offered by OUS on right basis.
Objects of acquisition are to support OUS to meet its fund requirements for working capital and enhancement of its business operations by way of making capital expenditure (Movable & Immovable Capital Assets), as may be required from time to time; to maintain ownership and control in wholly owned subsidiary; Enhancement of Brand image and value creation for the stakeholders of Optiemus; and Strengthened Balance Sheet and Greater financial flexibility and earnings, diversified risk.
The transaction is expected to be completed within 90 days. The Operations and Administration Committee of the Board of Directors of the company, at its meeting held on July 21, 2025, has accorded its approval to the same.
Optiemus Infracom is a diversified, award-winning, high-performance telecommunications enterprise with multi-domain experience including management, distribution & marketing of mobile & telecom products in the Indian subcontinent.
