Nihar Info Global Ltd Board Approves Equity & Warrants Issue

Nihar Info Global Ltd's Board of Directors, in a meeting held on August 31, 2026, approved several key decisions. These include the issuance of 11,70,000 equity shares and 20,00,000 convertible warrants on a preferential basis to non-promoters and promoters/promoter group, respectively. The board also noted the divestment of subsidiaries to a director, effective April 1, 2026, subject to shareholder approval. Additionally, the company approved the related party transactions for FY 2025-26, took note of the Independent Auditors' and Secretarial Auditors' reports, and recommended the re-appointment of Surya Gupta & Associates as Secretarial Auditors for five years. The 32nd Annual General Meeting is scheduled for September 30, 2026, with book closure from September 24-30, 2026, and e-voting cut-off on September 23, 2026. The appointment of Mr. Annapantula Seetarama Murthy as Additional Independent Director for five years was also approved, pending shareholder consent.