Nihar Info Global Ltd accepted the resignation of Bhogaraju Hemanth Kumar as its Company Secretary and Compliance Officer, effective from the close of business hours on June 11, 2026. The resignation was tendered due to personal commitments, marking the cessation of his role as a Key Managerial Personnel (KMP) under the Companies Act, 2013, and relevant SEBI regulations.

The disclosure was made to the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Kumar would be relieved of his duties effective immediately upon the close of business on June 11, 2026.

Resignation Details

The company provided the following specifics regarding the change in its Key Managerial Personnel:

Kumar also requested the removal of his name from the records of the Registrar and stock exchanges where he was registered as the Company Secretary and Compliance Officer. He expressed gratitude to the Board of Directors, KMPs, and staff for their support during his tenure.

Nihar Info Global Limited returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹68.70 lakh compared to a net loss of ₹356.86 lakh in the previous year. This turnaround was supported by a robust increase in consolidated revenue from operations, which rose to ₹2,169.12 lakh from ₹772.60 lakh in FY25. The company’s standalone financial results also reflected this recovery, with a net profit of ₹53.94 lakh against a net loss of ₹364.31 lakh in the prior year, while standalone revenue climbed to ₹1,501.97 lakh from ₹483.03 lakh.

The financial performance was driven largely by the trading activity segment, which accounted for ₹1,966.71 lakh of the consolidated revenue, while the e-commerce segment contributed ₹202.41 lakh. The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The audit report, issued by statutory auditor M/s. Bhargavi Priya and Associates, Chartered Accountants, carried an unmodified opinion.

Management Changes and Strategic Approvals

Alongside the financial results, the Board approved several key management changes. Ms. Pujitha Gudipudi resigned as Chief Financial Officer (CFO) effective from the close of business hours on May 29, 2026. Consequently, the Board appointed Ms. Anuja Agrawal as the new CFO effective May 30, 2026. Additionally, Mr. Bhogaraju Hemanth Kumar resigned from the position of Company Secretary and Compliance Officer, and the Board authorized the Managing Director to finalize a suitable replacement.

On the strategic front, the Board approved availing additional credit facilities under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 from Axis Bank. The company also greenlit entering into agreements with Augmont, SafeGold, and MMTC-PAMP to facilitate the sale of digital gold and silver through its platform, goldsilver.shop.

Financial Metrics

The following table summarizes the key financial metrics for the standalone and consolidated entities for the year ended March 31, 2026:

The balance sheet indicated a reduction in long-term borrowings, which decreased to ₹18.92 lakh in the standalone accounts as of March 31, 2026, from ₹35.47 lakh in the previous year. The total equity stood at ₹645.35 lakh, an improvement from ₹591.42 lakh in the prior year. The paid-up equity share capital remained stable at ₹1,040.77 lakh.