Optiemus Infracom's board committee approved enhancing corporate guarantee for subsidiary Optiemus Electronics from ₹30Cr to ₹55Cr.
The guarantee secures credit facilities from Axis Bank for the wholly-owned subsidiary on arm's length basis.
This creates a contingent liability for Optiemus Infracom as disclosed under SEBI Listing Regulations.
Approval was granted during Operations Committee meeting on April 30, 2026 from 5:30 PM to 6:00 PM.