Optiemus Infracom Limited has approved an enhancement of its corporate guarantee for its wholly-owned subsidiary, Optiemus Electronics Limited. The guarantee amount will be increased from ₹50.07 crore to ₹100 crore. This enhancement is to secure credit facilities availed or to be availed by the subsidiary from Indusind Bank Limited. The corporate guarantee will be treated as a contingent liability for Optiemus Infracom.
Corporate Guarantee Enhancement
The Operations and Administration Committee of Optiemus Infracom Limited’s Board of Directors met on September 23, 2026, and approved an increase in the corporate guarantee provided to its wholly-owned subsidiary, Optiemus Electronics Limited (OEL).
Details of the Guarantee
The corporate guarantee amount has been enhanced from the earlier limit of ₹50.07 crore to a new maximum of ₹100 crore. This expanded guarantee is intended to secure credit facilities that OEL has availed or will avail from Indusind Bank Limited. The total credit facilities secured by this guarantee amount to ₹100 crore.
Subsidiary and Promoter Interest
Optiemus Electronics Limited is identified as the subsidiary for which the guarantee is being provided. The announcement explicitly states that the promoter/promoter group of Optiemus Infracom does not have any direct interest in this specific transaction. The guarantee will be provided on an arm’s length basis, ensuring fair market terms.
Financial Treatment
Optiemus Infracom Limited will account for this corporate guarantee as a contingent liability on its financial statements. The meeting where this approval was granted commenced at 02:05 P.M. and concluded at 02:22 P.M. on the same day.
Source: BSE
