Optiemus Infracom Limited has informed the Exchange about General Updates
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Optiemus Infracom's board approved several changes on August 28, 2025. Mr. Ashok Gupta was re-appointed as Whole-time Director/Executive Chairman for 3 years starting April 1, 2026 (with continuation past age 70). Ms. Ritu Goyal was re-appointed as Independent Director for a second 5-year term, while Mr. Naresh Kumar Jain will cease as Independent Director on October 27, 2025 after completing two consecutive 5-year terms. Mr. Vishal Rajpal (FCA) was appointed as a new Independent Director for 3 years effective October 28, 2025. Two senior personnel (Legal and Taxation Heads) were redesignated, and three board committees were reconstituted. Additionally, the board approved modifying the deployment of Rs. 29,636.81 Lakhs raised via preferential issue, notably reducing allocations to subsidiaries Optiemus Electronics (from Rs. 6,846.10L to Rs. 3,870L) and Optiemus Unmanned Systems, while boosting working capital allocation from Rs. 1,481.84L to Rs. 6,570.47L. The 32nd AGM is scheduled for September 30, 2025.
Shareholders will vote on these re-appointments at the September 30 AGM. The reshuffle of preferential issue funds toward working capital (over 4x increase) signals a shift in near-term liquidity priorities rather than aggressive subsidiary expansion, which may be viewed as a cautious, cash-preservation move. Routine board continuity with one planned cessation and one new independent director appointment suggests stable governance with no immediate disruption.