
Divestment18 Mar 2026, 04:41 pm
Nihar Info Global Ltd. Approves Divestment of Shareholding in Subsidiary Companies
AI Summary
Nihar Info Global Ltd. has approved the divestment of its shareholding in two of its subsidiary companies, Life 108 Healthcare Private Limited and Beastbells Media Private Limited. The decision was made during the Board of Directors meeting held on 18th March, 2026. The divestment of Life 108 Healthcare Private Limited is approved at a consideration of ₹50 per share, based on a valuation report. Beastbells Media Private Limited, having no significant business operations, is approved for divestment at face value of ₹10/-. The divestments are subject to approval of shareholders at the ensuing General Meeting and other applicable regulatory approvals.
Key Highlights
- Nihar Info Global Ltd. approves divestment of shareholding in Life 108 Healthcare Private Limited and Beastbells Media Private Limited.
- The divestment of Life 108 Healthcare Private Limited is approved at ₹50 per share, based on a valuation report.
- Beastbells Media Private Limited is approved for divestment at face value of ₹10/-.
- The divestments are subject to approval of shareholders and regulatory approvals.
- The decision was made during the Board of Directors meeting held on 18th March, 2026.