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Optiemus Infracom has approved the acquisition of 1,07,99,460 equity shares of Bharat Innovative Glass Technologies (Bigtech), a joint venture and subsidiary of the company, having face value of Rs. 10/- each, at an issue price of Rs. 10/- per equity share, aggregating to Rs. 10.79 crore, by subscribing to the rights issue of Bigtech.

Optiemus Electronics (OEL), a wholly owned subsidiary of Optiemus Infracom, has started a strategic manufacturing partnership with Quectel IoT Technologies (Quectel), a global provider of IoT and wireless communication technologies, to locally manufacture advanced wireless communication modules in India. The arrangement marks an important step in strengthening India`s electronics manufacturing ecosystem and meeting the growing demand for reliable, high quality connectivity solutions across industries. Under this partnership, OEL will manufacture Quectel`s portfolio of automotive, 5G, 4G, Cat-1 and other cellular modules at its state-of-the-art manufacturing facilities in Noida, Uttar Pradesh. These modules will support applications across IoT, automotive, telecom, energy, smart mobility, industrial automation, telematics, and smart infrastructure.Quectel`s modules play a critical role in powering connected solutions used in vehicles, industrial systems, energy management, smart cities, and advanced telecom networks. Through this partnership with OEL, Quectel aims to deepen its presence in the Indian market while ensuring world-class manufacturing standards, consistent quality, and scalable production.

Net profit of Optiemus Infracom rose 0.04% to Rs 22.47 crore in the quarter ended March 2026 as against Rs 22.46 crore during the previous quarter ended March 2025. Sales rose 7.95% to Rs 484.98 crore in the quarter ended March 2026 as against Rs 449.26 crore during the previous quarter ended March 2025.For the full year,net profit rose 4.23% to Rs 66.01 crore in the year ended March 2026 as against Rs 63.33 crore during the previous year ended March 2025. Sales declined 6.42% to Rs 1768.62 crore in the year ended March 2026 as against Rs 1890.00 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales484.98449.26 8 1768.621890.00 -6 OPM %1.465.08 -5.525.74 - PBDT32.6425.28 29 115.0199.06 16 PBT27.5721.03 31 90.6776.68 18 NP22.4722.46 0 66.0163.33 4 Powered by Capital Market - Live News

Optiemus Infracom will hold a meeting of the Board of Directors of the Company on 30 May 2026.

 Ai+ Smartphone has entered into a manufacturing agreement with Optiemus Electronics (OEL), a subsidiary of Optiemus Infracom, to produce mobile phones, tablets, IoT devices, and advanced wearable products in India. Under the agreement, Ai+ Smartphone and OEL plan to invest around Rs 125 crore in India based manufacturing under the Government of India`s Make in India vision over 5 years, creating approximately 1,200 direct and indirect jobs across manufacturing, operations and supporting functions. OEL will manufacture approximately 3 million Ai+ Smartphone mobile devices under this agreement. The scope of manufacturing will also extend to tablets, IoT products, and advanced wearable devices, providing Ai+ Smartphone with a scalable India-based production backbone for its broader smart device portfolio. Production will take place at OEL`s facility in Noida, with ramp-up targeted from April 2026.Powered by Capital Market - Live News