StockWatch
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Telecom -  Equipment & Accessories
Corporate Action4 Aug 2026, 06:51 pm

Optiemus Infracom Allots 7.38 Lakh Shares via Preferential Allotment

AI Summary

Optiemus Infracom Limited announced the outcome of its Preferential Allotment Committee meeting held on August 4, 2026. The committee approved the allotment of 7,38,081 equity shares, each with a face value of Rs. 10, through the conversion of fully convertible warrants. These warrants were initially allotted on February 8, 2025, at an issue price of Rs. 672.25 per warrant, aggregating to Rs. 49,61,74,952.25. The shares were allotted to 20 non-promoter category allottees on a private placement basis. Following this allotment, the company's paid-up equity share capital has increased to Rs. 89,99,92,000, comprising 8,99,99,200 equity shares.

Key Highlights

  • Approved allotment of 7,38,081 equity shares via warrant conversion.
  • Total issue price for warrants was Rs. 49.61 crore.
  • Allotment made to 20 non-promoter category investors.
  • Paid-up equity share capital increased to Rs. 89.99 crore.