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Optiemus Infracom Limited ( (IN:OPTIEMUS) ) has provided an announcement.
Optiemus Infracom Limited has approved the allotment of 304,291 equity shares of face value ₹10 each following the conversion of an equal number of fully convertible warrants that were originally issued on February 8, 2025 through a preferential issue to non-promoter investors. The conversion, priced at ₹672.25 per share and aggregating to approximately ₹20.46 crore, was made to a group of eight non-promoter allottees via private placement and has increased the company’s paid-up equity share capital to ₹88.69 crore, represented by 88,688,783 equity shares, thereby marginally diluting existing holdings while strengthening the company’s equity base and broadening its non-promoter shareholder profile.
More about Optiemus Infracom Limited
Optiemus Infracom Limited is a listed Indian company whose equity shares trade on both BSE and the National Stock Exchange of India, indicating a presence in the public capital markets and access to a broad base of institutional and non-promoter investors.
Average Trading Volume: 10,323
Technical Sentiment Signal: Hold
Current Market Cap: 40.12B INR
Learn more about OPTIEMUS stock on TipRanks’ Stock Analysis page.