Optiemus Infracom Limited — Others, 14-05-2025: Monitoring Agency Report
14-05-2025 | 05:55 pm
14-05-2025 | 05:55 pm
Optiemus Infracom Limited has announced a Monitoring Agency report confirming that ₹131.26 Cr of the preferential issue proceeds of ₹296.37 Cr has been deployed mainly for equity investment in subsidiaries to support capital expenditure and working capital. This includes ₹44.8 Cr invested in Bharat Innovative Glass Technology Pvt Ltd. The remaining ₹165.11 Cr remains unutilized, with ₹13.21 Cr held in the share application account. The fund utilization aligns with the planned objectives and is progressing on schedule, indicating disciplined capital deployment.
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