Optiemus Infracom Limited Approves Acquisition of Bigtech Shares and Sanctions Loan for Wholly Owned Subsidiary GDN
Optiemus Infracom Limited’s Operations & Administration Committee approved two significant corporate actions on June 30, 2026: acquiring a tranche of equity shares in Bharat Innovative Glass Technologies Private Limited (Bigtech), and sanctioning an unsecured loan agreement to GDN Enterprises Private Limited.The acquisition concerns Bigtech, which is a Joint Venture and Subsidiary of Optiemus Infracom. The purpose of the share subscription is focused on supporting BigTech's manufacturing facility setup and meeting other business expenses, thereby maintaining ownership and control in the entity while enhancing brand image and value creation for stakeholders of Optiemus.
Optiemus will acquire 107,99,460 equity shares of Bigtech through a rights issue. These shares have a face value of Rs. 10/- each and were acquired at an issue price of Rs. 10/- per share. The total consideration for the acquisition amounts to INR 10,79,94,600/.
The transaction is being carried out on an Arm’s Length basis, confirmed by the use of an Independent Valuer. Bigtech operates in the Manufacturing industry and has a reported Net Worth of Rs. 15,226.21 Lakh as at March 31, 2026.
Shareholding Structure Update
The acquisition brings the Company’s total holding in Bigtech to 70%. Details regarding the shareholding structure are presented below:| Parameter | Shares Previously Held | Shares Acquired | Total Shares Post Acquisition | Percentage Holding |
|---|---|---|---|---|
| Bigtech Equity | 11,38,64,800 | 1,07,99,460 | 12,46,64,260 | 70% |
The acquisition is expected to be completed within a timeframe of 90 days.
Loan Agreement for GDN Enterprises
In parallel, the Committee approved an agreement with GDN Enterprises Private Limited (GDN), a Wholly Owned Subsidiary of Optiemus Infracom Limited. This transaction involves granting an unsecured loan to GDN to support its business operations and meet working capital requirements.Key details regarding the loan agreement are:
- Lender: Optiemus Infracom Limited
- Borrower: GDN Enterprises Private Limited
- Nature of Loan: Unsecured
- Amount: Up to an amount not exceeding Rs. 100,00,00,000/ (One Hundred Crore Only) in one or more tranches.
- Term: The loan is tenable for a period of 3 years.
- Interest Rate: The agreement stipulates an interest rate of 8.50% per annum or such other rate as determined by the Benchmark of State Bank of India.
The transaction involving GDN falls under Related Party Transactions, and it will be conducted on an Arm’s Length basis, noting that Mr. Ashok Gupta and Mr. Neetesh Gupta are common directors in both Optiemus Infracom Limited and GDN Enterprises Private Limited.
OPTIEMUS Stock Price Movement
Shares of Optiemus Infracom Limited shed 0.79% during the session and are currently trading at ₹466.05 as of 10:58 AM. The equity, which has seen a high of ₹473 and a low of ₹462.2 today, records a volume of 26,455 shares.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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