Optiemus Infracom Reshuffles Board, Modifies Rs 296.37 Crore Fund Deployment
Optiemus Infracom has made significant changes to its board composition and fund deployment strategy. Key board changes include the reappointment of Ashok Gupta as Executive Chairman and Ritu Goyal as Independent Director, appointment of Vishal Rajpal as new Independent Director, and cessation of Naresh Kumar Jain's term. The company also appointed new Legal and Taxation heads. Additionally, Optiemus revised its fund allocation from a preferential issue, notably increasing working capital allocation from Rs 14.82 crore to Rs 65.70 crore. The 32nd AGM is scheduled for September 30, 2025.

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Optiemus Infracom Limited , a key player in the telecom industry, has announced significant changes to its board composition and fund deployment strategy. The company's Board of Directors approved several crucial decisions during a meeting held on August 28, 2025.
Board Restructuring
The company has made notable changes to its leadership structure:
Executive Chairman Reappointment: Mr. Ashok Gupta has been re-appointed as Whole-time Director and Executive Chairman for a three-year term from April 1, 2026, to March 31, 2029. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Independent Director Reappointment: Ms. Ritu Goyal has been re-appointed as an Independent Director for a second term of five years, from April 1, 2026, to March 31, 2031, pending shareholder approval.
New Independent Director: Mr. Vishal Rajpal has been appointed as an Independent Director for a three-year term, effective October 28, 2025, to October 27, 2028, subject to shareholder approval.
Director Cessation: Mr. Naresh Kumar Jain will cease to be an Independent Director upon completion of two consecutive five-year terms on October 27, 2025.
Senior Management Changes
The Board has also approved changes in senior management:
- Mr. Kush Srivastava has been designated as Legal Head.
- Mr. Rajesh Rana has been appointed as Taxation Head.
Both appointments are effective from August 28, 2025.
Fund Deployment Modification
Optiemus Infracom has announced a significant modification in the deployment of funds raised through a preferential issue of equity shares and fully convertible warrants. The company has revised the allocation of Rs 296.37 crore as follows:
Particulars | Existing Amount (Rs in Lakh) | Proposed Amount (Rs in Lakh) | Utilization Deadline |
---|---|---|---|
Optiemus Electronics Limited | 6,846.10 | 3,870.00 | March 31, 2027 |
GDN Enterprises Private Limited | 5,186.44 | 5,186.44 | March 31, 2027 |
Optiemus Unmanned Systems Private Limited | 1,867.12 | 800.00 | March 31, 2027 |
Bharat Innovative Glass Technologies Private Limited | 6,846.10 | 5,800.70 | March 31, 2027 |
Working capital requirements | 1,481.84 | 6,570.47 | December 31, 2026 |
General Corporate Purposes | 7,409.20 | 7,409.20 | December 31, 2026 |
Total | 29,636.81 | 29,636.81 |
Notably, the allocation for working capital requirements has been substantially increased from Rs 14.82 crore to Rs 65.70 crore.
Annual General Meeting
The 32nd Annual General Meeting of Optiemus Infracom is scheduled for September 30, 2025, at 3:00 PM IST through video conferencing. The company has set the book closure period from September 24 to September 30, 2025, for the AGM.
These strategic decisions reflect Optiemus Infracom's efforts to strengthen its governance structure and optimize its financial resources for future growth in the dynamic telecom sector.
Historical Stock Returns for Optiemus Infracom
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.78% | -5.25% | -6.10% | +26.04% | -3.79% | +908.34% |