Optiemus Infracom to Invest ₹210 Million in BigTech, Bolstering Manufacturing Capabilities

Optiemus Infracom Limited has announced plans to acquire shares worth ₹210 million in its joint venture subsidiary, Bharat Innovative Glass Technologies Private Limited (BigTech). The company will acquire 2.1 crore equity shares at ₹10 per share. This strategic investment aims to support BigTech's establishment of a state-of-the-art manufacturing facility for finished cover glass used in next-generation mobile consumer electronic devices.

The move aligns with Optiemus' growth strategy in the high-potential mobile electronics market. BigTech, a joint venture between Optiemus and Corning International Corporation, is poised to become a key player in the evolving mobile device landscape. This investment is expected to strengthen Optiemus' position in the infrastructure and electronics manufacturing sectors.

Source: NSE, BSE, Optiemus Infracom Limited website