Optiemus Infracom Limited — Others, 04-01-2025: Shareholders meeting
04-01-2025 | 01:40 pm
04-01-2025 | 01:40 pm
Optiemus Infracom Limited held an Extra-Ordinary General Meeting (EGM), with 58 members attending via video conferencing. Key matters included the issuance of up to 21.86 lakh equity shares and 42.76 lakh fully convertible warrants on a preferential basis, along with approval for significant related party transactions. Post-meeting, results of the e-voting are expected within two working days. This proactive move to raise capital and encourage stakeholder involvement may enhance operational flexibility, potentially boosting investor confidence and addressing strategic growth opportunities, despite the inherent risks associated with such equity issuances.
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