Optiemus Infracom Share Price Surges 20% as It Forms Joint Venture with Nothing Electronics

On September 22, 2026, Optiemus Infracom Limited announced a partnership with Nothing Electronics Private Limited to establish a joint venture focused on smartphone market expansion, as per the exchange filings.  

Optiemus will hold a 51.1% stake in the new entity, aiming to enhance India's smartphone R&D capabilities. 

Joint Venture Details and Strategic Ownership 

On September 22, 2026, Optiemus Infracom Limited disclosed its collaboration with Nothing Electronics Private Limited. The agreement, approved in a brief board meeting, involves Optiemus acquiring a 51.1% equity stake in the joint venture.  

This partnership aims to expand the smartphone market and enhance local corporate positioning by participating in CMF's upcoming Series A investment round. 

Research and Development Objectives 

The joint venture seeks to establish India's first comprehensive smartphone R&D capability. The initiative will focus on moving from basic assembly to core design generation, covering six pillars including industrial design and software.  

All intellectual property generated will be anchored within India. 

Corporate Backgrounds 

CMF, founded by Nothing in 2023, operates across 40 countries and has seen an 83% increase in shipment volumes, marking it as India's fastest-growing brand. Optiemus Infracom, a publicly listed manufacturing enterprise, manages five advanced production facilities and six technology verticals, including mobile devices and telecom hardware. 

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Expanded Partnership and Governance 

The partnership builds on an initial joint venture from September 2025. Optiemus and Nothing will each appoint one nominee director to the joint venture's board.  

The transaction is executed at arm's length, with no related party transactions or promoter group relationships involved. 

Optiemus Infracom Share Price Performance 

As of September 22, 2026, at 12:52 PM, Optiemus Infracom share price on NSE was trading at ₹708.90, up by 20.00% from the previous closing price. 

Conclusion 

Optiemus Infracom's partnership with Nothing Electronics establishes a joint venture to develop India's first end-to-end smartphone R&D capability. Optiemus will acquire a 51.1% stake, aiming to enhance local smartphone market expansion and R&D capabilities. 

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