Optiemus Infracom Limited has informed the Exchange regarding Outcome of Board Meeting held on August 28, 2025.
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The board approved re-appointment of Mr. Ashok Gupta as Whole-time Director and Executive Chairman for 3 years from April 1, 2026 to March 31, 2029. Ms. Ritu Goyal was re-appointed as Independent Director for a second 5-year term starting April 1, 2026. Mr. Naresh Kumar Jain will step down as Independent Director on October 27, 2025 after completing two consecutive 5-year terms, and Mr. Vishal Rajpal will replace him as a new Independent Director for 3 years from October 28, 2025. Two internal personnel, Mr. Kush Srivastava and Mr. Rajesh Rana, were designated as Legal Head and Taxation Head under Senior Management. The board also approved reshuffling the deployment of Rs. 29,636.81 Lakhs raised via preferential issue, with reduced allocations to subsidiaries Optiemus Electronics and Optiemus Unmanned Systems, and increased allocation toward working capital (Rs. 6,570.47 Lakhs). The 32nd AGM is scheduled for September 30, 2025.
Routine board transition with continuity in leadership — existing Chairman and one Independent Director are being retained, while a new Independent Director brings finance and governance expertise. The reshuffle in fund deployment shifts more money toward the company's own working capital needs and away from subsidiary capital expenditure, which shareholders should track for execution impact.