Optiemus Infracom Limited , a player in the telecommunications sector, has announced a move towards diversifying its business operations. The company has issued a postal ballot notice to seek shareholder approval for amending its Memorandum of Association, aiming to include manufacturing, assembling, and processing of electronic and telecommunication products in its business activities.

Key Details of the Postal Ballot

Strategic Implications

This move signifies Optiemus Infracom's intent to achieve vertical integration and enhance its competitiveness in the market. By expanding into manufacturing, the company aims to move beyond its current focus on wholesale trading operations.

Procedural Information

• The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting process.
• M/s. S.K. Batra & Associates, Practicing Company Secretaries, has been appointed as the scrutinizer to oversee the voting process.
• The postal ballot notice is available on the company's website ( www.optiemus.com ) and CDSL's e-voting platform ( https://www.evotingindia.com/ ).

Compliance and Transparency

In line with regulatory requirements, Optiemus Infracom has submitted the postal ballot notice to the stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This step ensures transparency and keeps shareholders and the market informed about the proposed changes in the company's business scope.

The outcome of this vote could potentially mark a new chapter in Optiemus Infracom's business strategy, positioning the company to capitalize on opportunities in the electronics and telecommunications manufacturing sector.

Optiemus Infracom Limited , a leading player in the telecommunications and electronics manufacturing sector, has reported robust financial results for the second quarter and announced strategic expansions in its business operations.

Q2 Financial Highlights

The company delivered impressive quarterly results with significant growth in key financial metrics:

On a standalone basis, Optiemus Infracom achieved a remarkable 148.00% year-on-year revenue growth, reaching ₹251.36 crore. This growth was primarily driven by higher production volumes and new customer acquisitions. The company's operational efficiencies and capacity ramp-up contributed to a 117.00% EBITDA growth and a substantial 230.00% increase in Profit After Tax (PAT).

While consolidated revenue saw a 12.00% decline due to shipment timing, profitability remained robust. Consolidated EBITDA improved by 6.00% year-on-year, with margin expansion to 8.01%. The consolidated PAT grew by 33.00%, reflecting the company's cost discipline and resilient business model.

Strategic Expansions and Partnerships

Optiemus Infracom has been actively expanding its partnerships and capabilities:

1. The company has expanded its partnership with Nothing for smartphone manufacturing, potentially increasing production volumes.

2. A new partnership has been formed with Ordinary Theory LLC for fintech solutions, diversifying the company's product offerings.

3. Optiemus Infracom is undertaking capacity expansion in its electronics manufacturing services, which may contribute to future growth.

Management Commentary

The company's management has not provided specific comments on these results. However, the strong performance and strategic expansions indicate a positive outlook for Optiemus Infracom's future growth and market position in the telecommunications and electronics manufacturing sectors.

Optiemus Infracom continues to focus on innovation, capacity expansion, and strategic partnerships to drive sustainable growth and create value for its stakeholders in the dynamic telecommunications and electronics manufacturing landscape.