Management Change31 Aug 2026, 09:00 pm
Nihar Info Global Ltd: Director Ajit Kumar Nagrani Retires
AI Summary
Nihar Info Global Ltd announced the retirement of Mr. Ajit Kumar Nagrani as an Independent Director. The board also approved the issuance of 11,70,000 Equity Shares and 20,00,000 Convertible Warrants on a preferential basis. The company noted the divestment of subsidiaries and approved related party transactions for FY 2025-26. The appointment of Mr. Annapantula Seetarama Murthy as Additional Independent Director for a five-year term was also approved, subject to shareholder consent. The 32nd Annual General Meeting is scheduled for September 30, 2026.
Key Highlights
- Independent Director Mr. Ajit Kumar Nagrani has retired.
- Company approved preferential issuance of equity shares and warrants.
- New Additional Independent Director Mr. Annapantula Seetarama Murthy appointed.
- 32nd AGM scheduled for September 30, 2026.
- Subsidiary divestment and related party transactions noted.
Price Impact
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