Optiemus Infracom Limited has received approval from its Operations & Administration Committee to grant an unsecured loan of up to ₹50 Crores to its wholly-owned subsidiary, GDN Enterprises Private Limited. The loan, provided in one or more tranches over 3 years, will support GDN’s business operations and working capital requirements at an interest rate of 8.50% per annum.
Loan Sanctioned to Subsidiary
The Operations & Administration Committee of Optiemus Infracom Limited has approved a significant financial move: granting an unsecured loan to its wholly-owned subsidiary, GDN Enterprises Private Limited. This approval was formalized during a meeting held on October 27, 2026.
Loan Details and Purpose
The loan facility will be available for an amount not exceeding ₹50 Crores and can be disbursed in one or more tranches. The primary purpose of this financial assistance is to bolster GDN Enterprises’ business operations and meet its crucial working capital requirements. The agreement is set for a tenure of 3 years.
Interest Rate and Relationship
The loan will carry an interest rate of 8.50% per annum, or a rate determined by the benchmark of the State Bank of India. Optiemus Infracom Limited holds 100% equity shares in GDN Enterprises Private Limited, making it a wholly-owned subsidiary. The transaction has been classified as a Related Party Transaction and will be conducted on an arm’s length basis.
Existing Loan Facilities
As of the current date, there is an existing outstanding loan under a prior agreement with GDN Enterprises, amounting to ₹100 Crore. The newly approved loan agreement is set to be executed on October 27, 2026, with no security provided by the borrower.
Source: BSE
