Optimus Finance Limited submitted a regulatory disclosure to BSE Limited regarding the reappointment of a director. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Appointment Details
- Term: 5 years (Five years)
- Effective Period: From August 10, 2026, to August 9, 2031 (both days inclusive)
- Special Condition: Includes continuation in office beyond his age of 70 years
- Status: Liable to retire by rotation
- Approval Requirement: Subject to approval of the company's shareholders
Compliance Confirmation
The company confirmed that Mr. Dipak Raval is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, in compliance with circular no. LIST/COMP/14/2018-19 dated June 20, 2018.
Director Profile
Mr. Dipak Raval, aged 66 years, is currently a Whole Time Director of the company. His present term was ending on August 9, 2026. His qualifications include:
- Graduate in Commerce and Law
- Fellow Member of the Institute of Company Secretaries of India (ICSI), New Delhi
- Certified Associate of The Indian Institute of Bankers, Mumbai (CAIIB)
Professional Experience
Mr. Raval has over four decades of experience across industries, stock exchange, and banking in the fields of:
- Company Law and Secretarial matters
- Compliance and Corporate Laws
- Securities Laws
- Banking & Finance
- Administration
He has held senior level positions including Managing Director & CEO with Vadodara Stock Exchange and GM & Company Secretary with Listed Companies. At Vadodara Stock Exchange, he was in overall charge of day-to-day administration including all managerial, operational, and other incidental matters.
Relationship Disclosure
Mr. Dipak Raval is not related to any other director of the company.