Optimus Finance Limited approved the appointment of Mr. Ramesh Kheradia as an additional non-executive independent director and M/s. Ambalal M. Shah & Co. as statutory auditor during its board meeting held on August 26, 2026.

The board also reappointed Ms. Divya Zalani as an independent director for a second term. These appointments are subject to shareholder approval at the ensuing 35th Annual General Meeting (AGM).

Director Appointments

The Nomination and Remuneration Committee recommended the appointment of Mr. Ramesh Kheradia, aged 70, effective August 26, 2026. He is not liable to retire by rotation. The company confirmed he is not debarred from holding office under SEBI orders or Section 164 of the Companies Act, 2013.

Mr. Kheradia is a fellow member of the Institute of Company Secretaries of India and a law graduate with over 30 years of experience in corporate laws, foreign exchange management, and SEBI regulations.

Ms. Divya Zalani was reappointed for a five-year term from December 31, 2026, to December 30, 2031. She holds a Bachelor of Commerce degree and is a Chartered Accountant with experience in taxation, audit, and financial management.

Auditor Appointment

The Audit Committee recommended M/s. Ambalal M. Shah & Co., Chartered Accountants, to fill the casual vacancy caused by the resignation of M/s. Shah Mehta and Bakshi. The new appointment is effective August 26, 2026, until the conclusion of the 35th AGM.

The board also proposed appointing them for a five-year term from FY27 to FY31, pending shareholder approval. The firm, established in 1953 and based in Vadodara, holds a Peer Review certificate and is registered with the Western India Regional Council of the Institute of Chartered Accountants of India.

Committee Reconstitution

Consequent to the changes in board composition, the company reconstituted its Audit Committee and Nomination and Remuneration Committee effective August 26, 2026.

Audit Committee Composition

Nomination and Remuneration Committee Composition

The board meeting commenced at 6:10 pm and concluded at 7:30 pm.

Optimus Finance Limited equity shares have been permitted to trade on the National Stock Exchange of India (NSE) effective August 17, 2026. The admission expands the trading venues for the company’s equity shares, which are already listed on the Bombay Stock Exchange (BSE).

The NSE notified its members via circular No. 1355/2026 dated August 14, 2026, regarding the admission of Optimus Finance Limited securities to the Capital Market Segment. The company’s shares will be identified by the symbol OPTIFIN and will trade in a market lot size of 1.

Trading Details

The equity shares of Optimus Finance Limited carry a face value of ₹1 each. The total number of securities admitted for trading is 74,723,000. The ISIN for the equity shares is INE031G01022.

Regulatory Context

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is clarified that while the shares are now permitted to trade on the NSE, they remain listed on the BSE only. On the NSE platform, the securities will fall under the Permitted to Trade (PTT) category in accordance with applicable regulatory provisions.

Vruti Surti, Company Secretary and Compliance Officer of Optimus Finance Limited, signed the communication addressed to the Corporate Relationship Department of BSE Limited. The information is also available on the company’s website.

What the Numbers Show

The admission of 74,723,000 equity shares with a face value of ₹1 indicates a nominal aggregate face value of ₹74.7 million for the float admitted on the exchange. The decision to list under the 'Permitted to Trade' category suggests that the company may still be fulfilling certain listing formalities or capital requirements specific to full NSE listing, while allowing immediate market participation.