Please find attached outcome of Preferential Allotment Committee Meeting
OPTIEMUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Optiemus Infracom's Preferential Allotment Committee approved the conversion of 5,72,336 Fully Convertible Warrants into equity shares of Rs. 10 face value at a price of Rs. 672.25 per share, aggregating to about Rs. 38.48 crore. The original warrants were issued on February 8, 2025. Allottees include promoter Renu Gupta (3,75,000 shares) and several non-promoter entities and individuals such as Nexta Enterprises LLP (1,66,668 shares), Ishan Goyal, and Rohan Goyal. As a result, the company's paid-up equity share capital has risen to Rs. 89.26 crore, divided into 8,92,61,119 equity shares. The committee meeting was held on July 21, 2026, from 6:00 PM to 6:48 PM.
This is a pre-scheduled warrant conversion (not fresh fundraising), so no new capital is being raised now — existing warrant holders are simply exercising their right to convert. The small dilution (~0.64% increase in share count) is unlikely to materially affect share price, but it confirms promoter and investor confidence as warrants are being exercised at the originally agreed price.