Nikki Global Finance has expanded its boardroom by appointing two additional directors following a meeting held on August 19, 2026. The company’s Board of Directors approved the induction of Ms. Nehalben Vinodkumar Dharsandiya as an Independent Director and Mr. Vinodkumar Manibhai Patel as a Non-Executive Non-Independent Director.

The appointments were made based on the recommendations of the Nomination and Remuneration Committee. The board meeting commenced at 4:00 pm and concluded at 4:30 pm at the company’s registered office in New Delhi. Rajesh Kumar Pandey, Managing Director of Nikki Global Finance, signed the intimation filed with the Bombay Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Profiles

Ms. Dharsandiya brings professional expertise in finance, accounting, taxation, and financial management to the board. Her background is expected to contribute valuable insights into financial matters and strategic decision-making for the company.

Mr. Patel possesses substantial experience in business development, corporate management, strategic planning, and commercial operations. The board noted that his association will add value to the company’s functioning and decision-making processes.

Regulatory Compliance

The detailed disclosures regarding these appointments have been provided in accordance with Regulation 30 of the SEBI LODR Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. No relationships between the newly appointed directors and existing board members were disclosed.

Both appointments are currently effective as additional directors. Their regularization is subject to approval by the shareholders at the next general meeting.

nikki global finance promoter group member Kamal Kishore Chaurasia has sold his entire equity stake in the listed entity, reducing his shareholding to nil. The disposal of 91,498 equity shares was executed on the Bombay Stock Exchange (BSE) on July 29, 2026, via open market transactions. This exit marks a complete divestment by Chaurasia from his prior holding of 2.68% in the company.

The transaction was disclosed to the exchange on July 30, 2026, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, submitted in Form C, was signed by Rajesh Kumar Pandey, Managing Director of Nikki Global Finance Ltd, and confirmed that the trade occurred through open market mechanisms rather than block deals or off-market transfers.

Transaction Details

The sale involved the liquidation of Chaurasia’s total equity position. The financial specifics of the trade are outlined below:

Chaurasia held 91,498 equity shares prior to the transaction, representing 2.68% of the company’s total share capital. Following the sale, his holding dropped to zero. The value of the transaction, ₹15,90,478.15, excludes applicable taxes, brokerage fees, and other associated charges as per standard regulatory reporting norms.

Regulatory Compliance

The submission adheres to the continual disclosure requirements mandated for members of the promoter group. Under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, designated persons and promoter group members must inform the company of any acquisition or disposal of securities within two trading days of the transaction. Nikki Global Finance Ltd complied with this timeline, intimating the BSE on July 30, 2026, one day after the July 29, 2026, trade execution.

The disclosure form explicitly categorizes Chaurasia as a "Promoter Group" member. The ISIN for the traded securities is INE526C01012. No pledge, revocation, or invocation activities were reported alongside this sale; the transaction type was recorded strictly as "Sale."

What the Numbers Show

The complete exit of a promoter group member from their equity position often signals a shift in personal investment strategy or liquidity needs, though the filing does not specify the rationale behind the divestment. With a pre-transaction holding of 2.68%, Chaurasia’s stake was a minority but notable component of the promoter group’s aggregate interest. The sale price of ₹17.382 per share reflects the market valuation at the time of execution on the BSE. Investors should monitor subsequent filings to determine if other promoter group members are adjusting their holdings, which could provide further context on the group’s overall confidence in the company’s near-term trajectory.