Investment25 Aug 2026, 05:42 pm
GEM Enviro Management Invests in Novuscom Neo Private Limited
AI Summary
GEM Enviro Management Ltd announced its Board of Directors has approved the acquisition of a 75% stake in Novuscom Neo Private Limited. This strategic investment will make Novuscom a subsidiary of GEM Enviro Management. The company also re-appointed M/s HKS & Associates LLP as Secretarial Auditors and M/s Rastogi Sunil & Associates as Internal Auditors for the financial year 2026-27. Additionally, the Board approved alterations to the Memorandum of Association and the shifting of the registered office. The 13th Annual General Meeting is scheduled for September 28, 2026.
Key Highlights
- GEM Enviro Management to acquire 75% stake in Novuscom Neo Private Limited.
- Novuscom Neo Private Limited will become a subsidiary of GEM Enviro Management.
- Secretarial and Internal Auditors re-appointed for FY 2026-27.
- Alterations to Memorandum of Association and registered office approved.
- 13th Annual General Meeting scheduled for September 28, 2026.
Price Impact
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