StockWatch
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Telecom -  Equipment & Accessories
Corporate Action11 Aug 2026, 12:00 pm

Optiemus Infracom Allots 1.67 Lakh Shares on Warrant Conversion

AI Summary

Optiemus Infracom Limited announced the allotment of 1,67,250 equity shares following the conversion of fully convertible warrants. The allotment, approved by the Preferential Allotment Committee, was made on a private placement basis to non-promoter category allottees, including Jalan Chemical Industries Private Limited, Nikhil Kedarnath Chandak, and Veetragi Infratech Private Limited. The total issue price for these warrants was ₹11,24,33,812.50. This conversion increases the company's paid-up equity share capital to ₹90,16,64,500.

Key Highlights

  • 1,67,250 equity shares allotted upon warrant conversion.
  • Total issue price for warrants: ₹11,24,33,812.50.
  • Allotment made to non-promoter category investors.
  • Paid-up equity share capital increased to ₹90,16,64,500.