Provides ₹30 Crore Surety for Subsidiary Operations
Optiemus Infracom Limited · OPTIEMUS · NSE ·
The company will provide a surety of up to ₹30 Crores on behalf of its subsidiary, Optiemus Electronics Limited (OEL). This surety is in favour of the Central Board of Indirect Taxes and Customs (CBIC) to help OEL import goods at a concessional duty rate. The action creates a con…