Deals28 Nov 2025, 04:28 pm
Optiemus Infracom Ltd. to Give Corporate Guarantee of up to Rs. 45 Crore for Wholly Owned Subsidiary
AI Summary
Optiemus Infracom Ltd. has announced that it will give a Corporate Guarantee of up to Rs. 45 Crore in favour of Lianzhou Technologies Co. Ltd. This guarantee is to secure open credit arrangements for import of raw materials by Optiemus Electronics Limited, a Wholly Owned Subsidiary of the Company. The Corporate Guarantee will be treated as a contingent liability for the Company.
Key Highlights
- Optiemus Infracom Ltd. to give Corporate Guarantee for Optiemus Electronics Limited
- Guarantee amount not exceeding Rs. 45 Crore
- Guarantee given in favour of Lianzhou Technologies Co. Ltd
- Guarantee for open credit arrangements of raw materials import
- Corporate Guarantee to be treated as a contingent liability for the Company