Optiemus Infracom Limited announced that its Operations & Administration Committee approved a strategic further investment via the acquisition of equity shares in two Wholly Owned Subsidiaries (WOS), Optiemus Electronics Limited (OEL) and GDN Enterprises Private Limited (GDN), on a rights basis. The total committed investment across both entities is approximately ₹196 crore. This move aims to bolster the working capital needs and maintain ownership control over these manufacturing arms.
Strategic Further Investment Approved
Optiemus Infracom Limited has formalized plans to inject further capital into its wholly owned subsidiaries, Optiemus Electronics Limited (“OEL”) and GDN Enterprises Private Limited (“GDN”), following the approval granted by the Operations & Administration Committee on March 9, 2026. The investment will be executed via the acquisition of equity shares offered on a rights basis.
Investment in Optiemus Electronics Limited (OEL)
The company will acquire 50,00,000 equity shares in OEL at a price of Rs. 312/- each (including a premium of Rs. 302/-). The total consideration for this transaction amounts to Rs. 156,00,00,000/- (Rupees One Hundred Fifty Six Crore Only), which will be paid in cash.
- OEL’s Turnover (as of March 31, 2025): Rs. 23,118.60 Lakhs.
- OEL’s Net Worth (as of March 31, 2025): Rs. 16,729.17 Lakhs.
- OEL is primarily engaged in the Manufacturing sector, focusing on mobile phones, wearables, and IT hardware.
- The primary objective is to support OEL’s working capital requirements and maintain ownership and control.
Following the acquisition, the total number of shares held in OEL is expected to reach 2,43,21,774 (excluding 6 shares held by nominees).
Investment in GDN Enterprises Private Limited (GDN)
Optiemus will also acquire 10,25,641 equity shares in GDN at an offer price of Rs. 390/- each (including a premium of Rs. 380/-). This acquisition requires a total cash consideration of Rs. 39,99,99,990/- (Rupees Thirty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred Ninety Only).
- GDN’s Turnover (as of March 31, 2025): Rs. 1,10,993.23 Lakhs.
- GDN’s Net Worth (as of March 31, 2025): Rs. 10,466.61 Lakhs.
- GDN is also in the Manufacturing industry and benefits from the Government of India’s Production Linked Incentive Scheme.
- The acquisition supports GDN’s working capital needs and aims for value creation for Optiemus stakeholders.
The total number of shares held in GDN after this transaction will be 64,33,810 (excluding 1 share held by a nominee).
Transaction Details and Compliance
Both transactions are being carried out on an Arm’s Length basis, as the consideration was computed based on reports issued by an Independent Valuer. Despite the shared directorships, which classify the deals as Related Party Transactions, the valuation methodology ensures fairness. The completion of both acquisitions is expected to occur within 90 days, and no prior government or regulatory approvals are required.
Source: BSE
