Optiemus Electronics Partners with Nxtquantum for Ai+ Smartphone Manufacturing Deal

1 min read     Updated on 12 Mar 2026, 10:12 AM
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Reviewed by
Jubin VScanX News Team
Overview

Optiemus Infracom's subsidiary Optiemus Electronics Limited has entered into a manufacturing agreement with Nxtquantum Shift Technologies for Ai+ smartphone production. The partnership involves ₹125 crore investment over 5 years, targeting 3 million device production and 1,200 job creation at the Noida facility, with production commencing from April 2026.

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Optiemus Infracom 's wholly owned subsidiary Optiemus Electronics Limited has formalized a manufacturing agreement with Nxtquantum Shift Technologies India Private Limited for the production of Ai+ smartphones, tablets, IoT devices, and advanced wearable products. The partnership represents a significant strategic expansion in India's smartphone manufacturing sector under the Make in India initiative.

Investment and Manufacturing Commitment

The comprehensive manufacturing agreement encompasses substantial financial and production commitments from both parties. The partnership establishes a robust framework for domestic manufacturing capabilities.

Parameter: Details
Total Investment: ₹125 crore
Investment Period: 5 years
Partner Company: Nxtquantum Shift Technologies India Private Limited
Manufacturing Entity: Optiemus Electronics Limited
Production Facility: Noida
Production Start: April 2026

Production Targets and Employment Generation

The agreement establishes ambitious production targets while contributing significantly to employment generation in the technology manufacturing sector.

Target Metric: Projected Numbers
Device Production: 3 million devices
Product Categories: Smartphones, tablets, IoT devices, wearables
New Job Creation: 1,200 direct and indirect positions
Timeline: 5-year period

Strategic Partnership and Technology Integration

The collaboration positions Ai+ Smartphone as an India-first technology brand with manufacturing depth to support domestic growth and export readiness. Ai+ Smartphone devices operate on NxtQuantum OS, described as India's sovereign mobile operating system built on Android, designed for transparency, security, and compliance with Indian data laws.

Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum Shift Technologies, emphasized the partnership's significance in creating value domestically rather than merely assembling products. The agreement reinforces Ai+ Smartphone's broader roadmap to scale across smartphones, tablets, and connected devices with manufacturing capabilities that can match demand.

Manufacturing Excellence and Market Positioning

Ashok Gupta, Director of Optiemus Electronics Limited, highlighted the company's commitment to supporting Ai+ Smartphone's production ramp-up across multiple device categories. The partnership leverages Optiemus Electronics' established facilities and electronics manufacturing experience to strengthen domestic production capabilities.

The manufacturing agreement is expected to enhance India's position in the global smartphone manufacturing landscape while supporting the development of indigenous technology platforms. The partnership combines Optiemus Electronics' proven EMS capabilities with Ai+ Smartphone's India-authored software stack and comprehensive device roadmap.

Historical Stock Returns for Optiemus Infracom

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-8.90%-19.69%-45.70%-19.16%+92.17%

Optiemus Infracom Limited Receives Updated Corporate Identification Number from Ministry of Corporate Affairs

1 min read     Updated on 11 Mar 2026, 11:09 AM
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Reviewed by
Naman SScanX News Team
Overview

Optiemus Infracom Limited has received an updated Corporate Identification Number from the Ministry of Corporate Affairs, changing from L64200DL1993PLC054086 to L46524DL1993PLC054086 effective March 10, 2026. The change follows the updation of National Industrial Classification Code and comes after shareholders approved alteration in the company's object clause through postal ballot in December 2025. The company has informed stock exchanges about this administrative update under regulatory compliance requirements.

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Optiemus Infracom Limited has notified stock exchanges about a significant administrative update regarding its Corporate Identification Number (CIN). The Ministry of Corporate Affairs has officially changed the company's CIN with effect from March 10, 2026, following regulatory compliance procedures.

CIN Update Details

The company's disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 reveals the following changes:

Parameter: Previous Details Updated Details
Corporate Identification Number: L64200DL1993PLC054086 L46524DL1993PLC054086
Effective Date: - March 10, 2026
Reason: - National Industrial Classification Code Update

Regulatory Background

The CIN modification follows the company's earlier corporate action where members approved alteration in the object clause of the Memorandum of Association through postal ballot on December 18, 2025. This approval was initially communicated to exchanges on December 22, 2025.

The Ministry of Corporate Affairs has issued the Certificate of Registration of Special Resolution confirming the alteration of object clause under Section 13(1) of the Companies Act, 2013. The certificate was digitally signed and registered on March 10, 2026.

Company Information Update

The updated master data from the Ministry of Corporate Affairs reflects the company's current status:

Details: Information
Company Name: OPTIEMUS INFRACOM LIMITED
New CIN: L46524DL1993PLC054086
Registration Number: 054086
Date of Incorporation: June 17, 1993
Registered Office: K-20, 2nd Floor, Lajpat Nagar-II, New Delhi-110024
ROC: ROC Delhi I
Company Status: Active
Stock Exchange Listing: Yes

Financial Standing

The company's capital structure as per the updated records shows:

  • Authorised Capital: ₹1,28,98,00,000
  • Paid-up Capital: ₹88,68,87,830
  • Date of Last AGM: September 30, 2025
  • Date of Balance Sheet: March 31, 2025

The company maintains its books of account at A-7, Sector 65, Gautam Buddha Nagar, Noida, Uttar Pradesh. Optiemus Infracom Limited continues to operate as an active, compliant public company limited by shares under the non-government category.

Historical Stock Returns for Optiemus Infracom

1 Day5 Days1 Month6 Months1 Year5 Years
-0.89%-8.90%-19.69%-45.70%-19.16%+92.17%

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1 Year Returns:-19.16%