Optiemus Infracom Completes Preferential Allotment through Warrant Conversion; Equity Capital Increases
Optiemus Infracom Limited has completed a preferential allotment of equity shares, resulting from the conversion of Fully Convertible Warrants. The company's Board of Directors approved this allotment, allotting 1,67,250 Equity Shares of face value Rs. 10/- each. These shares were issued through a private placement basis to three Non-Promoter entities.The warrants, which were originally allotted on February 08, 2025, at an issue price of Rs. 672.25/- per share, aggregated to a total value of Rs. 11,24,33,812.50/- for the allotment. The allottees—all classified under the Non-Promoter Category—were Jalan Chemical Industries Private Limited, Nikhil Kedarnath Chandak, and Veetragi Infratech Private Limited.
The distribution of the 1,67,250 equity shares among the three entities is detailed as follows:
| Name of Allottee | Category | Number of Equity Shares Allotted |
|---|---|---|
| Jalan Chemical Industries Private Limited | Non-Promoter | 1,20,000 |
| Nikhil Kedarnath Chandak | Non-Promoter | 7,250 |
| Veetragi Infratech Private Limited | Non-Promoter | 40,000 |
Following the preferential allotment, the Paid up Equity Share Capital of Optiemus Infracom Limited has increased to Rs. 90,16,64,500/- (Rupees Ninety Crore Sixteen Lakh Sixty Four Thousand Five Hundred Only). This capital corresponds to a total of 9,01,66,450 Equity Shares, each carrying a face value of Rs. 10/-.
OPTIEMUS Stock Price Movement
As of 12:08 PM, shares of Optiemus Infracom Limited are slipping by 2.34% in live trading, currently standing at ₹546 as the stock moves down. The equity has been volatile during the session, maintaining a tighter intraday range above its low of ₹544.60.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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