Declaration of e-voting results of the 34th Annual General Meeting (AGM) of Members of Optimus Finance Limited held on Tuesday, 30th September, 2025 through Video Conferencing (''VC'').
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Optimus Finance Limited held its 34th AGM on Tuesday, September 30, 2025, via video conferencing, with 43 shareholders attending. The company had 16,704 shareholders on record as of the cut-off date of September 23, 2025. Shareholders voted on seven resolutions, all of which were passed with overwhelming support (over 99.99% in favor). Three ordinary resolutions covered adoption of audited financial statements for FY ending March 31, 2025, reappointment of Mr. Dipak Raval as a director (liable to retire by rotation), and appointment of Mr. Kamal Lalani as Secretarial Auditor for a 5-year term. Four special resolutions approved material related party transactions for FY 2026-27, authorization to sell/lease/dispose of a company undertaking, increasing the Board's borrowing limits, and conversion of prospective loans into equity shares. Promoters (holding 4,02,71,030 shares) abstained from voting on the related party transaction resolution due to their interest.
All resolutions were passed with near-unanimous support, reflecting strong shareholder alignment with management's proposals. The approvals for higher borrowing limits, asset disposal authorization, and loan-to-equity conversion give the company significant financial flexibility going forward. The related party transaction approval means FY 2026-27 related party deals are pre-cleared, which may modestly affect minority shareholder sentiment.