Bharat Innovative Glass Technologies Private Limited has been incorporated as a Joint Venture cum Subsidiary Company of Optiemus Infracom Limited on October 04, 2023. The industry to which the entity being acquired/incorporated belongs: Manufacturing. Objects and impact of acquisition (including but not limited to, disclosure of reasons for the acquisition of target entity, if its business is outside the main line of business of the listed entity): The new subsidiary company has been incorporated to carry on the business of: manufacturing of the Finished Parts for use in mobile consumer electronic devices (or other cover glass applications mutually agreed by the Parties); selling the Finished Parts to mobile consumer electronics manufacturers and OEMs (or other cover glass applications mutually agreed by the Joint Venture Parties), or their designated supply chain participants, for use in their operations; and such other business as may be agreed by the Parties.

Indicative time period for completion of the acquisition: Within 60 days from the date of incorporation of Bigtech.