Optiemus Infracom Limited has informed the Exchange regarding allotment of 815317 securities pursuant to conversion of 8,15,317 Fully Convertible Warrants
OPTIEMUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Optiemus Infracom has allotted 8,15,317 equity shares (face value Rs. 10) pursuant to the conversion of Fully Convertible Warrants that were originally issued on February 8, 2025. The conversion was done at an issue price of Rs. 672.25 per share, aggregating to approximately Rs. 54.81 crore. Allottees include both Promoter & Promoter Group (Renu Gupta – 1,25,000 shares) and Non-Promoter entities, with Stern Global Fund VCC receiving the largest tranche of 3,00,000 shares, followed by Arunima Mittal (1,67,000) and Nexta Enterprises LLP (1,66,666). Following this allotment, the company's paid-up equity share capital has risen to Rs. 88.07 crore, divided into 8,80,68,308 equity shares.
This is a pre-scheduled conversion of warrants already issued earlier, so no fresh capital is being raised now. However, the share count has increased, leading to mild equity dilution for existing shareholders. The presence of a foreign fund (Stern Global Fund) and promoter participation signals continued confidence in the company.