Optiemus Infracom Limited — JV/Acquisition, 01-03-2025: Acquisition

Optiemus Infracom has announced a board meeting to approve the acquisition of 10,00,000 equity shares of Optiemus Electronics Limited at INR 310 each, totaling INR 31 Cr, and 6,49,350 equity shares of GDN Enterprises Private Limited at INR 385 each, totaling INR 24.99 Cr. The acquisitions aim to enhance working capital and business operations for both wholly-owned subsidiaries, improve ownership control, and reinforce brand value. Completion is expected within 120 days, and both transactions are structured as cash payments following independent valuation. This strategic move is poised to strengthen operational capabilities and shareholder value.