Nihar Info Global has executed a logistics service agreement with Sequel Logistics Private Limited to support its e-commerce portal, Goldnsilver.shop. The partnership aims to enhance delivery security and operational efficiency for precious metal transactions.

The company disclosed the arrangement on August 25, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made to the BSE Limited under Scrip Code 531083.

Agreement Details

Sequel Logistics will provide specialized services tailored to the high-value nature of the products sold on the platform. The scope of work includes secure transit, warehousing, vaulting, and last-mile logistics for gold and silver coins as well as jewelry products.

Strategic Rationale

The company stated that leveraging Sequel’s high-security infrastructure will enable safe and insured nationwide deliveries. This move is intended to boost customer confidence in the online purchase of high-value assets.

Related Party Status

Nihar Info Global confirmed that Sequel Logistics is not a related party to the company or its promoter group. The agreement was executed on an arm’s length basis, ensuring independent commercial terms.

Nihar Info Global Limited has scheduled its Board of Directors meeting for Monday, August 31, 2026, at 3:30 pm. The primary agenda items involve capital raising measures and strategic restructuring, including the proposed issue of convertible warrants into equity shares on a preferential basis to promoters. Additionally, the board will consider the issuance of equity shares on a preferential basis to non-promoters.

Strategic Restructuring and Divestment

A key item on the agenda is the divestment of the company’s subsidiaries to Ms. Vijay Lakshmi Boda, a Director of the company. This transaction is effective from April 1, 2026, and requires shareholder approval at the ensuing Annual General Meeting (AGM). The board will also review related-party transactions conducted during Financial Year 2025-26.

Corporate Governance and Audits

The meeting will address standard governance procedures, including the annual evaluation of the board’s performance, individual directors, and the chairperson. The board is set to take note of the Independent Auditors' Report, Secretarial Audit Report, and Internal Audit Report for FY25-26.

Furthermore, the board will recommend the appointment of M/s. Surya Gupta & Associates as Secretarial Auditors and as a scrutinizer for the e-voting process of the AGM. The company will also authorize its Managing Director, Mr. Divyesh Nihar Boda, to apply for the registration of the trademark for GoldnSilver.in.

Financial Statements and AGM Preparation

The board will approve the Draft Director's Report along with annexures for FY25-26. It will also finalize the notice calling the 32nd Annual General Meeting, including fixing the date, time, venue, book closure dates, and cut-off date for e-voting.