Please find attached Monitoring Agency Report for the quarter ended 30.06.2025
OPTIEMUS · price
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Optiemus Infracom submitted the quarterly Monitoring Agency Report prepared by ICRA Limited covering use of funds raised via a preferential issue of equity shares and convertible warrants. The issue size was originally planned at Rs 434.41 crore but was scaled down to Rs 296.37 crore due to undersubscription of warrants and equity. As on June 30, 2025, only Rs 144.47 crore had been received (part payment) and this entire amount has been fully utilized. Key deployments include Rs 58.01 crore in Bharat Innovative Glass Technology, Rs 31 crore in Optiemus Electronics, Rs 25 crore in GDN Enterprises, Rs 15 crore for working capital, and Rs 15.46 crore for general corporate purposes (income tax, GST, and vendor payments). ICRA confirmed no material deviation from the stated objects and all approvals are in place. All project timelines are on schedule, with completion targets of March 2027 and December 2026.
This is a routine compliance disclosure and is largely neutral for shareholders. The fact that the issue was undersubscribed and the company raised Rs 148 crore less than planned is mildly negative, but ICRA found no misuse or diversion of the funds actually received, which is reassuring for investors.