StockWatch
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Non Banking Financial Company (NBFC)
Management Change8 Aug 2026, 01:31 pm

Optimus Finance reappoints Dipak Raval as Whole Time Director

AI Summary

Optimus Finance Ltd announced the outcome of its Board Meeting held on August 8, 2026. The Board approved the re-appointment of Mr. Dipak Raval as a Whole Time Director for a period of five years, effective August 10, 2026, to August 9, 2031. This re-appointment is subject to shareholder approval and includes continuation in office beyond the age of 70 years. Mr. Raval's re-appointment is based on the recommendation of the Nomination and Remuneration Committee. The board meeting commenced at 12:15 PM and concluded at 12:50 PM.

Key Highlights

  • Board approved re-appointment of Mr. Dipak Raval as Whole Time Director.
  • Re-appointment is for a period of 5 years, effective August 10, 2026.
  • Continuation in office beyond age 70 is approved.
  • Re-appointment is subject to shareholder approval.
  • Nomination and Remuneration Committee recommended the re-appointment.