Optiemus Infracom Limited announced the re-appointment of two Independent Directors, Mr. Gauri Shankar and Mr. Rakesh Kumar Srivastava, for a second five-year term, subject to shareholder approval. The Board also approved the acquisition of 56,00,000 equity shares in its wholly-owned subsidiary, Optiemus Unmanned Systems Private Limited, for ₹5.60 crore, aimed at supporting its working capital and business expansion.
Board Approvals: Director Re-appointments and Subsidiary Investment
Optiemus Infracom Limited held a Board of Directors meeting on August 27, 2026, wherein several key decisions were made. Primarily, the Board approved the re-appointment of Mr. Gauri Shankar (DIN: 06764026) and Mr. Rakesh Kumar Srivastava (DIN: 08896124) as Independent Directors. This re-appointment is for a second term of five consecutive years, commencing from April 1, 2027, to March 31, 2032. The approval is contingent upon the shareholders’ consent at the upcoming Annual General Meeting (AGM).
Both directors have confirmed they are not debarred from accessing capital markets nor restrained by any order from regulatory authorities.
Annual General Meeting and Book Closure Details
The 33rd Annual General Meeting (AGM) is scheduled for Monday, September 28, 2026, at 11:30 AM IST, to be conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM). The Notice of the AGM and the Annual Report for the financial year 2025-26 will be dispatched to shareholders. Furthermore, the company announced a book closure period from Tuesday, September 22, 2026, to Monday, September 28, 2026 (both days inclusive) for the purpose of the AGM.
Investment in Wholly Owned Subsidiary
In a strategic move to bolster its subsidiary’s operations, the Board also approved the acquisition of 56,00,000 equity shares in Optiemus Unmanned Systems Private Limited (OUS), a Wholly Owned Subsidiary. The shares, with a face value of ₹10 each, were acquired at an issue price of ₹10 each, totaling ₹5,60,00,000 (Rupees Five Crore Sixty Lakh Only). This acquisition, made on a right basis, is intended to support OUS’s fund requirements for working capital and capital expenditure, enhancing its business operations and maintaining ownership. The transaction is classified as a related party transaction, conducted on an arm’s length basis.
Acquisition Details of Optiemus Unmanned Systems Private Limited
Optiemus Unmanned Systems Private Limited, incorporated on June 21, 2024, is engaged in manufacturing unmanned aerial vehicles, including drones. For the period ending March 31, 2026, OUS reported a turnover of ₹33.16 Lakhs and a Net Worth of (₹704.42 Lakhs). The acquisition is expected to complete within 90 days and requires no prior governmental or regulatory approvals.
Source: BSE
