Optiemus Infracom Limited concludes preferential issue fund utilization monitoring

Optiemus Infracom Limited has filed its final Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by ICRA Limited, confirms that all proceeds from the preferential issue of equity shares and warrants have been fully utilized. This marks the conclusion of the monitoring period for this specific issue, with the report duly reviewed and taken on record by the company’s Audit Committee and Board of Directors.

Final Monitoring Report Filed

Optiemus Infracom Limited has formally concluded the monitoring of funds raised through its preferential issue of equity shares and warrants. The company submitted its final Monitoring Agency Report for the quarter ending September 30, 2026, as required by regulatory norms.

Full Utilization Confirmed

The report, prepared by ICRA Limited, the appointed Monitoring Agency, confirms that the entire proceeds from the preferential issue have been fully utilized as of September 30, 2026. This signifies the completion of the stated objectives for which the funds were raised.

Regulatory Compliance and Board Approval

This final report has been thoroughly reviewed and accepted by Optiemus Infracom Limited’s Audit Committee and its Board of Directors during their respective meetings held on November 5, 2026. The company has also made the report available on its official website, www.optiemus.com, ensuring transparency for all stakeholders.

Issue Details Summary

The preferential issue, originally sized at INR 434.407 Crore, underwent several revisions due to undersubscription and lapsed warrants. The net proceeds were ultimately finalized at INR 291.359 Crore. The primary object of the issue was to subscribe to the equity shares of its subsidiary, Optiemus Electronics Limited, for capital expenditure.

Source: BSE

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