Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Optiemus Infracom has informed that the Company has signed and entered into a Binding Term Sheet with Ordinary Theory LLC, USA, a leading global design house having expertise in fintech, logistic, retail and AI Solutions, in respect of joint venture for carrying out the business of manufacturing, market development, and sales of smart enterprises hardware and integrated industrial solutions, subject to receipt of necessary statutory approvals and completion of customary conditions precedent.
The above information is a part of company’s filings submitted to BSE.
