IndiaNivesh Ltd — Important, 10-03-2026: Company Update

IndiaNivesh Limited's wholly-owned subsidiary, IndiaNivesh Shares and Securities Private Limited, received a favorable ruling from the Securities Appellate Tribunal. The Tribunal partially allowed the subsidiary's appeal against an earlier National Stock Exchange order that had mandated a six-month trading membership suspension and a ₹1 Cr penalty. The Tribunal modified the order, significantly reducing the penalty to ₹40.39 Lakhs and removing the suspension. This decision clarifies earlier allegations regarding client fund misuse and securities, upholding a penalty only for the sale of client securities to meet obligations. The company reported no other material operational impact.