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

The Board, following the Audit Committee's input, approved the sale of the company’s entire Aluminium business, operating under the 'Elesar Focchi' brand. This business, which generated income of 30.47 Cr and had a networth of 9.73 Cr last financial year (representing 100% of its revenue), will be sold to Hind Aluminium Industries Limited for Rs. 1.25 Cr. The buyer is a related party, and the transaction is contingent on shareholder approval.