Optiemus Electronics Manufacturing Pact With Ai+ Smartphone; Shares Rise 2.47%

Mumbai, March12: Optiemus Infracom Limited disclosed on Thursday that its wholly owned subsidiary Optiemus Electronics Limited has entered into a manufacturing agreement with Ai+ Smartphone, a brand of NxtQuantum Shift Technologies India Private Limited, to produce smartphones and connected devices in India. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with a press release outlining the partnership.

According to the company statement, the collaboration covers manufacturing of smartphones, tablets, Internet of Things devices and advanced wearable products. Production will take place at Optiemus Electronics Limited’s facility in Noida, with ramp up targeted from April 2026.

The partners indicated a planned investment of approximately ₹125 crore over a five-year period under the Government of India’s Make in India initiative. The project is expected to create around 1,200 direct and indirect jobs across manufacturing, operations and support functions.

Under the agreement, Optiemus Electronics Limited will manufacture about three million Ai+ Smartphone mobile devices. The manufacturing scope may also extend to tablets, IoT products and advanced wearable devices, enabling Ai+ Smartphone to build a scalable India based production platform.

Devices produced under the collaboration will operate on NxtQuantum OS, a sovereign mobile operating system built on Android and designed to support transparency, security and compliance with Indian data regulations.

Share Price Movement On March 12, 2026

Optiemus Infracom Limited share price advanced during the trading session following the regulatory disclosure of the manufacturing agreement and investment plan.

The stock closed at ₹356.40 on the National Stock Exchange on March 12, 2026, rising ₹8.45 or 2.47% compared with the previous close of ₹347.95. The price reference corresponds to the market snapshot recorded at 3:19 pm IST, according to exchange data.

During the session, the stock traded between a low of ₹336.60 and a high of ₹375.00 so far, reflecting active trading interest after the announcement. The company’s market capitalisation stood at approximately ₹3.16K crore based on exchange data, while the reported price to earnings ratio was 48.20.

Market participants often track electronics manufacturing service agreements because such contracts can improve order visibility, strengthen production utilisation and support long term revenue pipelines for domestic manufacturers.

Management Commentary On Strategic Partnership

Madhav Sheth, Chief Executive Officer of Ai+ Smartphone and Founder of NxtQuantum Shift Technologies, said the agreement marks a step toward strengthening India based device manufacturing capabilities.

He stated that the partnership with Optiemus Electronics Limited would help scale the company’s device ecosystem spanning smartphones, tablets, AIoT products and wearable technologies while retaining greater value creation within India.

Ashok Gupta, Director at Optiemus Electronics Limited, said the company’s electronics manufacturing infrastructure and operational expertise would support Ai+ Smartphone’s expansion as production volumes ramp up.

He added that the collaboration reinforces the role of domestic manufacturing capacity in supporting India’s electronics ecosystem and potential export driven growth.

Company Background

Optiemus Infracom Limited operates in electronics manufacturing services and supply chain management for consumer electronics brands. Through its subsidiary Optiemus Electronics Limited, the company provides device assembly, supply chain management, repair and refurbishment services.

The company maintains multiple manufacturing facilities in India and focuses on expanding domestic electronics manufacturing capacity in line with government localisation initiatives.

NxtQuantum Shift Technologies India Private Limited is a deep technology company building sovereign digital platforms. It develops NxtQuantum OS, a mobile operating system designed to support secure, India authored technology infrastructure.

Conclusion

The manufacturing partnership between Optiemus Electronics Limited and Ai+ Smartphone reflects a broader push toward strengthening India’s electronics manufacturing ecosystem. With a planned ₹125 crore investment and a projected production capacity of about three million devices, the collaboration aims to build a scalable domestic manufacturing base.

According to the company’s disclosure, the initiative is expected to support domestic demand, create employment and position India for greater participation in the global smart device supply chain.

Source:

• https://www.nseindia.com/get-quote/equity/OPTIEMUS/Optiemus-Infracom-Limited
• https://nsearchives.nseindia.com/corporate/OPTIEMUS_12032026100858_OILIntimationForPressReleaseMadeByOELForAI12032026.pdf