NSEMonitoring Agency Report6d ago · 5 Nov 2026, 05:46 pm
Monitoring Agency Report
Optiemus Infracom Limited · OPTIEMUS
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Optiemus Infracom Limited has submitted a Monitoring Agency Report for the quarter ended September 30, 2026, issued by ICRA Limited, which indicates that the entire issue proceeds have been fully utilized as on September 30, 2026. The report has been reviewed and taken on record by the Audit Committee and the Board of Directors of the Company.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Monitoring Agency Report for the quarter ended September 30, 2026
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OPTIEMUS_05112026174604_OILMonitoringagencyreport05112026.pdf
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Ref. No.: OIL/SE/2026-27/62 November 5, 2026
Listing Department Listing Department
BSE Limited National Stock Exchange of India Ltd
Floor 25, P J Towers Exchange Plaza, C-1 Block G
Dalal Street Bandra Kurla Complex, Bandra (E)
Mumbai- 400 001 Mumbai – 400 051
Scrip Code: 530135 Symbol: OPTIEMUS
Subject: Monitoring Agency Report for the quarter ended September 30, 2026
Dear Sir/ Ma’am,
Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
read with Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please
find enclosed herewith Monitoring Agency Report for the quarter ended September 30, 2026, issued by ICRA
Limited, Monitoring Agency, in respect of utilisation of proceeds from preferential issue of equity shares and
fully convertible warrants.
Since the entire issue proceeds have been fully utilised as on September 30, 2026, the enclosed Monitoring
Agency Report shall be treated as the last Monitoring Agency Report in respect of the aforesaid issue.
The said report has been duly reviewed and taken on record by the Audit Committee and the Board of Directors
of the Company at their respective meetings held on November 5, 2026.
The said report is also being made available on the website of the Company at www.optiemus.com
Kindly take the same on your records.
Thanking You,
Yours truly,
For Optiemus Infracom Limited
Vikas Chandra
Company Secretary & Compliance Officer
Encl.: As Above
Date: November 05, 2026
Mr. Vikas Chandra
Company Secretary & Compliance Officer
Optiemus Infracom Limited
K-20, 2nd floor, LajpatNagar- 2
New Delhi – 110024
Dear Sir,
Re: Final Monitoring Agency report of Optiemus Infracom Limited for Q2 FY2027
Please refer to agreement dated March 12, 2025, appointing ICRA Limited as the Monitoring Agency (MA) for
Optiemus Infracom Limited’s Preferential Issue.
After due consideration, ICRA has prepared the attached final Monitoring Agency report as per SEBI (Issue of
Capital and Disclosure Requirements) Regulations for Q2 FY2027.
Please note that the Monitoring Agency report does not constitute a commentary on the quality of the objects
of the issue, appropriateness or reasonableness of costs or spending by Optiemus Infracom Limited against any
objects / heads or assurance on outcome of such spending.
We thank you for your kind cooperation extended during the course of Q2 FY2027. Should you require any
clarification, please do not hesitate to get in touch with us.
We look forward to your communication and assure you of our best services.
With kind regards
For ICRA Limited
Parul Goyal Narang
Vice President & Head Process-Excellence
parul.goyal@icraindia.com
ICRA Limited
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41
Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002
www.icra.in info@icraindia.com +91-93547-38909
+0124-4545300 CIN: L74999DL1991PLC042749
September 2026
MONITORING AGENCY REPORT
Name of the Issuer: Optiemus Infracom Limited
For quarter ended: September 30, 2026
Name of the Monitoring Agency: ICRA Limited
(a) Deviation from the objects of the issue:
No material deviation - Utilisation different from the objects stated in the offer document but in line with
change of objects approved by shareholders' resolution.
(b) Range of deviation:
Not Applicable
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the
objects of the issue based on the information provided by the Issuer and information obtained from sources
believed by it to be accurate and reliable. The MA does not perform an audit and undertakes no independent
verification of any information/ certifications/ statements it receives. This Report is not intended to create any
legally binding obligations on the MA which accepts no responsibility, whatsoever, for loss or damage from the use
of the said information. The views and opinions expressed herein do not constitute the opinion of MA to deal in
any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be
construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user
of this report. The MA and its affiliates also do not act as an expert as defined under Section 2(38) of the
Companies Act, 2013. The MA or its affiliates may have credit rating or other commercial transactions with the
entity to which the report pertains and may receive separate compensation for its ratings and certain credit
related analyses. We confirm that we do not perceive any conflict of interest in such relationship/ interest while
monitoring and reporting the utilization of the issue proceeds by the issuer. We have submitted the report
herewith in line with the format prescribed by SEBI, capturing our comments, where applicable. There are certain
sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s
Management / Audit Committee of the Board of Directors subsequent to the MA submitting their report to the
issuer and before dissemination of the report through stock exchanges. These sections have not been reviewed by
the MA, and the MA takes no responsibility for such comments of the issuer’s Management/Board.
Signature:
Parul Goyal Narang
Vice President & Head Process-Excellence
Analyst: Dhwani Vinchhi
Quality Analyst: Parul Narang
September 2026
1. Issuer Details
Name of the Issuer: Optiemus Infracom Limited
Name(s) of the promoters:
Promoters
Ashok Gupta
Source: BSE
Industry/ sector to which it belongs:
- Telecommunications and allied Products
2. Issue Details
Issue Period: Opening date- January 25,2025
Closing date- February 07,2025
Type of Issue: Preferential Issue
Type of specified securities: Equity and Warrants fully convertible into Equity shares.
IPO Grading, if any: Not Applicable, since it’s a preferential Issue
Issue Size (Rs. Crore): INR 434.407 Crore (42,76,106 Warrants + 21,85,884 equity * 672.25 each) revised to INR
296.368 Crore* (30,12,800 warrants + 13,95,800 equity *672.25 each) further revised to INR 291.359 Crore*
*As per the resolution passed at the meeting of preferential allotment committee of the Board of Directors of
company on February 08, 2025 the preferential issue size has initially reduced from INR 434.407 Crore to INR
296.368 Crore , due to under subscription for warrants and equity. Further, 99,341 warrants have lapsed due to
non-exercise of the conversion option and non-payment of the balance consideration within the stipulated
period. Accordingly, the upfront subscription money (25% of the issue price) has been forfeited, and the issue
size stands revised from INR 296.368 Crore to INR 291.359 Crore.
With OFS portion: NA
Excluding OFS portion: NA
Net proceeds : INR 291.359 Crore
Note: The proceeds credited to the Net Proceeds account stood at INR 291.359 Crore as on 30th September 2026.
Hence ICRA will be monitoring INR 291.359 Crore in Q2 FY2027.
September 2026
3. Details of the arrangement made to ensure the monitoring of issue proceeds.
Source of information,
Comments of
certifications considered
Comments of the Monitoring the Issuer’s
Particulars Reply by the Monitoring
Agency Board of
Agency for the
Directors
preparation of report
The preferential issue size has
initially reduced from INR
434.407 Crore to INR 296.368
Crore due to under subscription
of warrants and equity. Further
the approval of shareholders for
change in deployment of funds
-Statutory Auditor has been obtained in the AGM
Certificate held on 30th Sep 2025. Hence,
-Confirmation from revised utilization is effective
The Board of
Whether all utilization is as per management from Q3FY2026. Further, 99,341
Director took
the disclosures in the Offer Yes -Bank statement of the warrants have lapsed due to
note of the
Document? private placement n
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