Optiemus Infracom has announced a substantial investment in its wholly owned subsidiaries, Optiemus Electronics Limited (OEL) and GDN Enterprises Private Limited (GDN), amounting to a total of ₹196 crore. This decision was approved by the Operations & Administration Committee of the Board of Directors at a meeting held on 9th March 2026.
The company will acquire 50 lakh equity shares of OEL at ₹312 each, including a premium of ₹302, for a total consideration of ₹156 crore. This acquisition aims to support OEL’s working capital requirements and maintain ownership control. OEL, a manufacturer of mobile phones and telecom products, is based in Noida, Uttar Pradesh.
Additionally, Optiemus will acquire 10,25,641 equity shares of GDN at ₹390 each, including a premium of ₹380, for a total consideration of ₹39.99 crore. GDN is engaged in the manufacturing and assembly of electronic products and is located in Noida. The investment will help GDN meet its working capital needs and enhance its brand image.
Both transactions are expected to be completed within 90 days and are carried out on an arm’s length basis, with valuations determined by independent valuers. No governmental or regulatory approvals are required for these acquisitions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aditya Bhagchandani before publication.