Optiemus approves up to Rs 50 crore unsecured loan to GDN subsidiary
OPTIEMUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On October 27, 2026, Optiemus Infracom approved an unsecured loan of up to Rs 50 crore to wholly owned subsidiary GDN Enterprises Private Limited. It will be given in one or more tranches for three years at 8.50% per year or another rate linked to SBI's benchmark, to support operations and working capital. Rs 100 crore is already outstanding under existing loans to GDN. No security is provided, and the deal is on commercial terms.
Supports GDN's working capital, but if fully drawn, ties up company funds and adds unsecured exposure; Rs 100 crore is already outstanding.