Optiemus Infracom Limited — Others, 13-12-2024: Shareholders meeting

Optiemus Infracom Limited has announced a board meeting on January 4, 2025, to discuss key matters including the issuance of up to 21,85,884 equity shares to non-promoters and 42,76,106 fully convertible warrants to both promoters and non-promoters, each at an issue price of Rs. 672.25 per share. The total expected funds raised from these issuances is approximately Rs. 434.40 crore. This strategic move will likely enhance the company's capital base for supporting subsidiary growth and operational expansion, which could positively influence investor sentiment regarding future profitability and company stability.