Optiemus Infracom has accepted the resignation of Vrajesh Shelat, who served as President-New Projects, effective July 31, 2026. Shelat, classified as Senior Management Personnel under SEBI regulations, cited personal reasons for his departure. The change in leadership within the new projects division marks a shift in the company’s senior management structure, though no immediate successor was named in the filing.

The company notified the National Stock Exchange of India Ltd and BSE Limited on July 31, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also referenced SEBI's Master Circular No.: HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Vikas Chandra, Company Secretary & Compliance Officer, signed the intimation.

Shelat submitted his resignation letter on July 10, 2026, addressed to Executive Chairman Ashok Gupta. In the letter, Shelat requested that July 31, 2026, be considered his last working day. He expressed gratitude for the guidance and support received during his tenure with the Optimus Group.

Key Details of Resignation

The filing confirmed that there are no disclosure requirements regarding relationships between directors, as this pertains to a non-director senior management change. The company stated that Shelat will cease to be associated with the entity at the close of business hours on the effective date.

optiemus infracom has announced a leadership change at its wholly-owned subsidiary, Optiemus Electronics Limited (OEL). The board of OEL accepted the resignation of Mr. A. Gururaj from the position of Managing Director and Key Managerial Personnel, effective from the close of business hours on June 30, 2026, citing health issues as the reason for his departure.

To ensure operational continuity, the board of OEL has approved the appointment of Mr. Neetesh Gupta as the new Managing Director with effect from July 1, 2026. This appointment is subject to the approval of the shareholders. Mr. Gupta is an existing Non-Executive Director of OEL and belongs to the Promoter Group of Optiemus Infracom Limited.

Mr. Gupta holds a Master's Degree in Business Management from Nottingham University, England. He brings over 11 years of experience in the telecommunications, electronics manufacturing, and trading sectors. His expertise includes product development, sourcing, procurement, and operational management across mobile phones, mobile accessories, and IoT products.

The company stated that Mr. Gupta has played a significant role in the growth of the Optiemus Group. His appointment is intended to lead OEL in its next phase of expansion and strengthen its manufacturing capabilities in line with the Group's long-term vision.

Key Appointments