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IndiaNivesh LtdImportant, 01-09-2026: Company Update

01-09-2026 | 08:16 pm

The company's board has approved key decisions, including the re-appointment of Mr. Rajesh Nuwal as Managing Director and Mr. Kaushik Jashwantlal Shah as a Non-Executive Director, both subject to shareholder approval. A significant update is the proposed sale of 100% equity in IndiaNivesh Commodities Private Limited (INCPL), a wholly-owned subsidiary with a net worth of 3.87 Cr and no revenue. This strategic move aims to streamline the company's portfolio, pending shareholder consent for the board to finalize the transaction. Other approvals cover reports and arrangements for the upcoming 95th Annual General Meeting.

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