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March 1, 2025 at 09:15 AM
OPTIEMUS INFRACOM; Company will acquire 10 lakh equity shares of Wholly Owned Subsidiary OPTIEMUS ELECTRONICS LIMITED (OEL) at ₹310 each under a rights issue, investing ₹31 Cr in cash.
The investment supports OEL’s working capital, business expansion, ownership retention, brand value, and financial strength.
Optiemus Electronics Limited (OEL), incorporated on January 29, 2016, manufactures mobile phones, wearables, IT hardware, and telecom products in India.
It operates two facilities in Noida and offers end-to-end solutions for global and Indian brands. With planned investments, OEL aims to enhance its manufacturing and design capabilities.