Optiemus Infracom Limited has released the final monitoring agency report for the quarter ended March 31, 2026. The report details the utilization of proceeds from its preferential issue of equity shares and fully convertible warrants. Following an under-subscription, the total issue size was revised from INR 434.407 crore to INR 296.368 crore, with specific adjustments to fund allocations for subsidiary investments and working capital requirements approved by shareholders in September 2025.
Financial Utilization Overview
As of March 31, 2026, the net proceeds available for monitoring stood at INR 216.857 crore, reflecting both partial payments for warrants and full payments received for equity shares. The company has maintained its commitment to utilizing these funds across various strategic objectives, including investments in its subsidiaries and general corporate purposes.
Strategic Allocation of Funds
Following shareholder approval in the 32nd AGM held on September 30, 2025, the company redirected portions of its capital. The revised allocation focuses on the following key areas:
- Optiemus Electronics Limited: INR 38.700 crore allocated for capital expenditure and working capital.
- GDN Enterprises Private Limited: INR 51.864 crore dedicated to capital requirements.
- Bharat Innovative Glass Technology Private Limited: INR 58.007 crore to support a joint venture contribution.
- Company Working Capital: An increased allocation of INR 65.705 crore to meet internal liquidity needs.
- General Corporate Purposes: INR 74.092 crore earmarked for operational requirements.
Project Implementation Status
All projects, including those related to Optiemus Unmanned Systems Private Limited and other strategic subsidiaries, are reported to be on schedule. The major objectives are slated for completion by March 31, 2027, with working capital and general corporate purposes expected to be concluded by December 31, 2026. The company has confirmed there are no material deviations from the objects stated in the revised offer document.
Source: BSE
