Optiemus invests Rs 10.8 Cr in Bigtech JV, sanctions Rs 100 Cr loan to GDN

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

OPTIEMUS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.6%Reaction day

₹467.55

prior close

₹465.60

announcement price

In-mkt

timing

Nifty Microcap 250market+1.0%-1.7% vs market

Telecom - Equipment & Accessories peers, median of 5sector+0.9%-1.5% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.5 pts less than its Telecom - Equipment & Accessories peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+0.1

15m

+0.0

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.6+1.0-1.7+0.9-1.5

Next day

+3.9+1.2+2.7+0.3+3.6

+8.1+2.1+6.1+0.9+7.3

+12.2+1.7+10.5+0.6+11.6

+12.1+1.9+10.1+0.4+11.7

+11.2+1.2+10.0-1.3+12.6

+20.8+1.1+19.8-2.2+23.0

15d

+29.8+1.6+28.2-3.7+33.6

+31.3+0.1+31.3-7.6+38.9

+24.1+6.6+17.4-7.6+31.7

+63.4+5.5+57.9+5.3+58.1

UpDownMarket · Nifty Microcap 250Sector · Telecom - Equipment & Accessories peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Optiemus Infracom will subscribe to a rights issue of its JV and subsidiary Bigtech (Bharat Innovative Glass Technologies), acquiring about 1.08 crore equity shares at Rs 10 each for about Rs 10.8 crores in cash. Bigtech is a JV with Corning International and is setting up a cover glass manufacturing unit in Tamil Nadu for mobile devices. Optiemus holding stays at 70 percent. Separately, the company approved an unsecured loan of up to Rs 100 crores to wholly owned subsidiary GDN Enterprises for 3 years at 8.50 percent interest to support working capital.

Likely market impact

Capital infusion supports subsidiary manufacturing setup; Rs 100 Cr loan aids subsidiary working capital. Minor for parent valuation.