StockWatch
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Non Banking Financial Company (NBFC)
Management Change8 Aug 2026, 01:30 pm

Optimus Finance Re-appoints Dipak Raval as Whole Time Director for 5 Years

AI Summary

Optimus Finance Ltd announced the re-appointment of Mr. Dipak Raval as Whole Time Director for a period of 5 years, effective August 10, 2026, to August 9, 2031. This re-appointment, approved by the Board on August 8, 2026, includes continuation in office beyond the age of 70 and is subject to shareholder approval. Mr. Raval, aged 66, has over four decades of experience in Company Law, Secretarial matters, Corporate Laws, Securities Laws, Banking, and Finance. He is not related to any other director and is not debarred from holding a director's office by any authority.

Key Highlights

  • Mr. Dipak Raval re-appointed as Whole Time Director for 5 years.
  • Term effective August 10, 2026, to August 9, 2031.
  • Re-appointment includes continuation beyond age 70.
  • Subject to shareholder approval.
  • Mr. Raval has extensive experience in finance and law.