Optiemus Infracom’s Share Increase – Analyzed

Optiemus Infracom recently made a significant move by increasing its ownership structure. The board officially approved converting warrants into equity shares. This action ultimately boosted the company’s total investment value.

Key Points

• Board approved warrant conversion – 167,000 shares.
• Share capital rose to Rs 88.37 billion.
• Each new share is worth Rs 10.
• 883,766,260 equity shares now exist.
• Significant increase in company’s financial standing.
• Strategic move to support future growth plans.

Understanding the Change

The company converted 167,000 warrants into actual shares. Think of warrants as a special option to buy shares at a set price. When the company used this option, it became a direct owner of those shares.

Financial Impact

After this conversion, Optiemus Infracom’s total capital increased to Rs 88,37,66,260. This means more money is backing the company, which can be used for things like expanding operations or investing in new projects.

Share Details

The company now has 8,83,766,260 equity shares. Each individual share is worth Rs 10, representing the value of the company.

This strategic capital increase positions Optiemus Infracom for continued success.