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Optiemus Infracom LimitedQIP/Rights/Pref., 12-12-2024: Issue of Securities

12-12-2024 | 06:07 pm

Optiemus Infracom Limited has announced a board meeting to approve a preferential issue of up to 21,85,884 equity shares at an issue price of ₹672.25 per share, aiming to raise approximately ₹146.94 crore. The approved allottees include JM Financial Mutual Fund, Dymon Asia, and Bandhan funds. Additionally, the board has greenlit the issue of up to 42,76,106 fully convertible warrants, also priced at ₹672.25 each, for a total of about ₹287.46 crore. The warrants can be converted into equivalent equity shares within 18 months. An extraordinary general meeting is scheduled for approval by shareholders.

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