Optiemus Infracom Limited has informed the Exchange regarding allotment of 304291 securities pursuant to conversion of fully convertible warrants issued under Preferential Issue at its meeting held on January 16, 2026
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Optiemus Infracom has issued and allotted 3,04,291 equity shares to warrant holders who chose to convert their fully convertible warrants into shares. These warrants were originally issued as part of a preferential issue, meaning they were given to specific investors at a pre-agreed price. The allotment was approved at the company's board meeting on January 16, 2026. This conversion increases the total number of outstanding shares of the company. The announcement did not share details on the conversion price or the dilution percentage.
Shareholders may see a small dilution in their ownership percentage due to these new shares being added to the total share base. The actual impact on stock price depends on the conversion price versus the current market price.