Submission of Annual Report for the Financial Year 2024-25.
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Optimus Finance Ltd has submitted its Annual Report for FY 2024-25 along with the notice for its 34th Annual General Meeting (AGM), scheduled for September 30, 2025, to be held via video conferencing. The AGM notice includes several key special business items: appointment of a new Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), approval for material related party transactions for FY 2026-27, authorization to sell/lease/dispose of undertaking, increase in borrowing limit to Rs. 100 crore, and conversion of prospective loans into equity shares up to Rs. 20 crore. As an RBI-registered NBFC, the company primarily deals in loans, investments, and trading of securities, with growth coming from its listed subsidiary Maximus International Ltd (MIL), whose consolidated income rose to Rs. 156.84 crore with 26% EBITDA growth and 14% PAT growth. The company executed a stock split in March 2025 and incorporated a new subsidiary, Maximus Infra Ventures Ltd, in July 2024.
Shareholders should review the AGM resolutions carefully, particularly the proposal to raise borrowing limits to Rs. 100 crore and convert loans into equity, which could dilute existing holdings. The significant reliance on subsidiary MIL for revenue and growth means Optimus Finance's standalone performance as an NBFC remains modest, with growth primarily flowing from its lubricants subsidiary.