Optiemus Infracom Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2025
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Optiemus Infracom held its 32nd Annual General Meeting on September 30, 2025 via video conferencing, where seven resolutions were placed before shareholders for approval. Key items included the adoption of FY25 audited financial statements, re-appointment of Mr. Ashok Gupta as Executive Chairman (Whole-time Director) and Ms. Ritu Goyal as Independent Director for a second term of five years, and the appointment of Mr. Vishal Rajpal as a new Independent Director for three years. A significant special resolution sought approval to modify the deployment of Rs. 29,636.81 Lakhs (approximately Rs. 296.37 crore) raised through a preferential issue of equity shares and fully convertible warrants. The statutory and secretarial auditors made no qualifications or adverse remarks on the FY25 financials. Of 41,648 eligible members, only 72 attended the meeting, and e-voting results will be declared within two working days.
The AGM was largely procedural, but shareholders should closely watch the outcome of the special resolution on revising how Rs. 296 crore of preferential issue proceeds will be utilized, as this could affect the company's growth plans. The clean audit report is a reassuring signal for investors, while attendance was very thin, typical of retail-heavy companies.