Mr. A. Gururaj (DIN: 00606019) resigned from the position of Managing Director and Key Managerial Personnel of Optiemus Electronics Limited (OEL), effective from closure of business hours on June 30, 2026.
Reason for resignation: Health issues.
Board of OEL approved appointment of Mr. Neetesh Gupta, existing Non-Executive Director of OEL, as new Managing Director effective July 1, 2026.
Appointment is subject to approval of shareholders.
Background of New Managing Director
Mr. Neetesh Gupta belongs to the Promoter Group of Optiemus Infracom Limited.
Educational qualification: Master's Degree in Business Management from Nottingham University, England.
Professional experience: Over 11 years in telecommunications, electronics manufacturing and trading sectors.
Areas of expertise: Product development, sourcing, procurement, and operational management across mobile phones, mobile accessories and IoT products.
Rationale and Strategic Context
Change ensures seamless leadership transition and continuity in operations and strategic direction of OEL.
Mr. Gupta is positioned to lead OEL in its next phase of expansion and strengthen manufacturing capabilities in line with the Group's long-term vision.
