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Optiemus Infracom debt & borrowing announcements

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18:20 IST BSE
Debt & BorrowingOptiemus Infracom Ltd OPTIEMUS

Optiemus Infracom Debt & Borrowing: ₹55 Cr

Optiemus Infracom Ltd has enhanced its corporate guarantee to Axis Bank Limited from ₹30 Crore to ₹55 Crore. The guarantee secures credit facilities for its wholly-owned subsidiary, Optiemus Electronics Limited. This move increases the parent company's contingent liability to support the subsidiary's operational funding.

Value
₹55.00 Cr