Optiemus Infracom Limited
Bank of India Mutual Fund bought 17,69,176 shares of Optiemus Infracom Limited for ₹144.31 Cr at ₹815.68 apiece in a bulk deal.
A leading distributor of mobile handsets in India, Optiemus Infracom has served the telecom equipment sector for over two decades, distributing devices from major brands including Nokia and Samsung. The company operates primarily in the general trade market, leveraging its extensive distribution network and established relationships with reputed manufacturers. Its deep presence across India's mobile handset distribution landscape forms its core competitive advantage.
AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.