
Corporate Action21 Jul 2026, 07:40 pm
Optiemus Infracom Allots 5.72 Lakh Shares Post Warrant Conversion
AI Summary
Optiemus Infracom Limited announced the outcome of its Preferential Allotment Committee meeting held on July 21, 2026. The committee approved the allotment of 5,72,336 equity shares following the conversion of fully convertible warrants. These warrants were initially allotted on February 08, 2025, at an issue price of Rs. 672.25 each. The total value of the allotment is Rs. 38,47,52,876. The shares were allotted to individuals and entities categorized under 'Promoter & Promoter Group' and 'Non-Promoter' on a private placement basis. This allotment increases the company's paid-up equity share capital to Rs. 89,26,11,190.
Key Highlights
- Approved allotment of 5,72,336 equity shares via preferential allotment.
- Shares issued upon conversion of fully convertible warrants.
- Total value of allotment amounts to Rs. 38,47,52,876.
- Paid-up equity share capital increased to Rs. 89,26,11,190.
- Allotment includes both Promoter and Non-Promoter categories.
Price Impact
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