Nirav Commercials Ltd — Important, 04-02-2026: Company Update

Nirav Commercials' Board has approved the sale of its Aluminium business, "Elesar Focchi," to Hind Aluminium Industries, a related group company. This business accounted for 100% of Nirav Commercials' revenue last financial year, generating an income of 30.47 Cr and having a net worth of 9.73 Cr. The transaction is valued at 1.25 Cr and is considered a material related party transaction requiring shareholder approval. This move signifies a major strategic divestment from its primary revenue-generating segment.