IndiaNivesh Ltd Board Recommends MD Re-appointment, Divestment Plan

IndiaNivesh Ltd's Board of Directors, in a meeting held on September 1, 2026, recommended the re-appointment of Mr. Rajesh Nuwal as Managing Director for a three-year term, subject to shareholder approval. The board also approved the re-appointment of Mr. Kaushik Jashwantlal Shah as a Non-Executive Director. Additionally, the company plans to sell its entire stake in its wholly-owned subsidiary, IndiaNivesh Commodities Private Limited (INCPL). The net worth of INCPL was ₹387.02 Lakhs as of March 31, 2026, with no reported revenue for the last financial year. Other agenda items included the Secretarial Audit Report, Board of Directors Report, and the notice for the 95th Annual General Meeting.