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- Financial Update
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Nihar Info Global's board approved issuing 11.7 lakh new equity shares for ₹1.17 Cr to non-promoters and 20 lakh convertible warrants for ₹2.00 Cr to promoters, both priced at ₹10 each, aiming to raise capital. The board also noted the divestment of two subsidiaries for ₹2.20 Cr to a director, which requires shareholder approval. Key governance changes include the appointment of Mr. Annapantula Seetarama Murthy as a new Independent Director for five years and the retirement of Mr. Ajit Kumar Nagrani. The Nomination & Remuneration Committee was re-constituted, and a trademark application for GoldnSilver.shop was authorized.