Optiemus Infracom approved a ₹5.60 crore investment in its wholly owned subsidiary, Optiemus Unmanned Systems Private Limited (OUS), during a board meeting held on August 27, 2026. The company also scheduled its 33rd annual general meeting for September 28, 2026.

The investment involves acquiring 56 lakh equity shares of OUS at a face value of ₹10 each through a rights issue. This capital infusion aims to support working capital requirements and fund capital expenditure for the manufacturing of unmanned aerial vehicles.

Investment Details

Optiemus Infracom will pay the total consideration of ₹5.60 crore in cash. The transaction is classified as a related-party transaction because Mr. Ashok Gupta serves as a common director in both entities. However, the company stated the deal is being executed at arm's length.

OUS, incorporated on June 21, 2024, focuses on manufacturing indigenous drones for sectors including defence, agriculture, mining, and railways. As of March 31, 2026, OUS reported a turnover of ₹33.16 lakh and a net worth of (₹704.42) lakh.

Board Approvals and AGM Schedule

The board re-appointed Mr. Gauri Shankar and Mr. Rakesh Kumar Srivastava as independent directors for a second term of five years, effective from April 1, 2027, to March 31, 2032. This appointment is subject to shareholder approval at the upcoming AGM.

Mr. Gauri Shankar brings over 49 years of experience in finance and banking, having served as Executive Director at Punjab National Bank. Mr. Rakesh Kumar Srivastava is a Fellow Member of the Institute of Company Secretaries of India with extensive experience in corporate governance and regulatory compliance.

What the Numbers Show

The investment highlights a strategic pivot towards high-growth defence and industrial manufacturing segments via OUS. Despite OUS reporting a negative net worth of ₹704.42 lakh as of March 31, 2026, the parent company’s decision to inject ₹5.60 crore signals confidence in the subsidiary’s long-term value creation potential in the unmanned systems sector.

Key Dates

• AGM Date: September 28, 2026, at 11:30 am via VC/OAVM
• Book Closure: September 22, 2026 to September 28, 2026 (both days inclusive)
• Notice Dispatch: Annual report and notice will be sent to registered email IDs

Optiemus Infracom reported a sharp divergence in its Q1FY27 financial performance, with consolidated net profit after tax (PAT) rising 46% to ₹2,118.12 lakh from ₹1,453.14 lakh in the prior year period, while standalone PAT fell to ₹91.62 lakh from ₹284.72 lakh. The Board of Directors approved the unaudited standalone and consolidated results on August 04, 2026, pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mukesh Raj & Co., the statutory auditors, issued limited review reports on both sets of statements prepared in accordance with Ind AS. Additionally, the company completed the allotment of 188,400 equity shares on August 05, 2026, with trading commencing on August 06, 2026.

The standalone revenue from operations declined significantly to ₹4,969.33 lakh in Q1FY27, down from ₹13,474.07 lakh in Q1FY26. This contraction reflects the company’s strategic pivot toward manufacturing subsidiaries, which now drive the majority of group revenue. Consequently, standalone other income dropped to negligible levels compared to the prior year’s full-year figures. The profit before tax stood at ₹93.90 lakh, with total tax expenses recorded at a negative ₹2.28 lakh due to deferred tax adjustments.

Consolidated Financial Performance

Consolidated operating revenue surged 103% year-on-year to ₹88,299.33 lakh, driven by the ramp-up of its AI+ smartphone manufacturing partnership. Consolidated EBITDA rose 40% to ₹4,132 lakh (derived from segment results and expenses), though margins contracted to 4.68% from 6.80% due to the lower-margin nature of high-volume mobile manufacturing. Other income contributed ₹1,090.71 lakh, primarily from government policy incentives.

Subsidiary Impact on Results

The consolidated results were impacted by pre-operative losses from key subsidiaries. Bharat Innovative Glass Technologies Private Limited (BIGTech), a joint venture with Corning International Corp., incurred a loss before tax of ₹143.55 lakh and a loss after tax of ₹143.55 lakh, primarily towards initial setup costs. Similarly, Optiemus Unmanned Systems Private Limited (OUS), focused on defense drones, reported a loss before tax of ₹137.30 lakh and a loss after tax of ₹101.65 lakh due to research and development expenses. These incubation costs collectively pressured the group’s bottom line despite strong operational revenue growth.

Equity Allotment and Legal Developments

The Board of Directors took on record the Basis of Allotment of Equity Shares as approved by BSE Limited on August 04, 2026. A total of 188,400 equity shares were allotted at a ratio of 1:1 to the single successful bidder. Instructions for unblocking funds were issued on or before August 05, 2026, and the listing application was filed with BSE Limited on the same date.

In a significant legal update, the High Court of Justice in England and Wales ruled that BlackBerry Limited’s conduct in a pending license fee dispute amounted to an abuse of process. BlackBerry has since proposed a settlement reducing its claim of approximately US$22.52 million by 70%. Optiemus is finalizing its defense and counterclaims, estimated to exceed US$20 million. Management believes no material liability will arise, and no provision has been recognized in the financial statements.