
Optiemus Infracom: Monitoring Agency Report for Preferential Issue Proceeds
Optiemus Infracom Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by ICRA Limited. The report, in respect of the utilization of proceeds from a preferential issue of equity shares and fully convertible warrants, indicates no material deviation from the objects of the issue, although utilization was in line with a change of objects approved by shareholders. The report was reviewed and taken on record by the Audit Committee and the Board of Directors on August 04, 2026. The preferential issue, initially sized at ₹434.407 Crore, was revised to ₹296.368 Crore due to under-subscription for warrants.
Key Highlights
- Monitoring Agency Report for preferential issue proceeds submitted.
- No material deviation in utilization of funds from issue objects.
- Issue size revised to ₹296.368 Crore from ₹434.407 Crore.
- Report covers utilization for Q1 FY2027, ending June 30, 2026.
- Report reviewed by Audit Committee and Board of Directors.
Price Impact
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