Nihar Info Global Limited has announced a board meeting scheduled for March 18, 2026, to consider a significant divestment proposal involving its subsidiary companies. The meeting, set to commence at 4:00 PM, will address the potential divestment of the company's shareholding in two key subsidiaries.

Meeting Details and Regulatory Compliance

The board meeting has been scheduled in accordance with Regulation 29(1) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company formally notified the Bombay Stock Exchange on March 10, 2026, providing the mandatory eight-day advance notice for such corporate announcements.

Divestment Proposal Overview

The primary agenda item for the board meeting involves considering and approving the divestment of shareholding in two subsidiary companies. This strategic decision represents a significant corporate restructuring initiative that will require comprehensive board evaluation and subsequent shareholder approval.

Board Meeting Agenda

The comprehensive agenda for the March 18, 2026 board meeting includes several standard and strategic items:

• Election of the meeting Chairman and attendance confirmation
• Granting leave of absence where applicable
• Review of minutes from the previous board meeting held on February 13, 2026
• Primary Focus: Consideration and approval of the divestment proposal for subsidiary shareholdings
• Additional matters with Chairman's permission

Approval Process and Next Steps

The divestment proposal, if approved by the board, will be subject to shareholder approval at the company's General Meeting. This two-tier approval process ensures comprehensive stakeholder consultation for such significant corporate decisions. The company has indicated that the divestment will proceed only after obtaining the necessary shareholder mandate through the formal General Meeting process.

The announcement was signed by Divyesh Nihar Boda, Managing Director, emphasizing the strategic importance of this corporate development for Nihar Info Global Limited's future business direction.

Nihar Info Global Limited has reported robust financial performance for the quarter ended December 31, 2025, alongside significant strategic initiatives that position the company for focused growth in e-commerce and digital trading segments.

Strong Financial Performance in Q3 FY26

The company delivered impressive sequential growth across key financial metrics during the third quarter:

For the nine months ended December 31, 2025, the company achieved consolidated revenue of ₹1,806.28 lakhs and net profit of ₹67.50 lakhs, resulting in earnings per share of ₹0.65. The standalone operations generated revenue of ₹1,225.73 lakhs with net profit of ₹47.90 lakhs during the same period.

Launch of Digital Gold and Silver Platform

The board approved the launch of goldnsilver.shop, a comprehensive technology-enabled platform for gold and silver trading and distribution. The platform will offer services in phases:

The company will establish partnerships with ecosystem participants including gold and silver suppliers, digital service providers, broker platforms, and payment gateway services such as CASH FREE, subject to regulatory compliance requirements.

Strategic Business Realignment

Nihar Info Global announced the withdrawal of its proposed rights issue that was initially approved on August 30, 2025. The decision reflects the company's improved financial position:

The company can now finance growth initiatives through internally generated resources, demonstrating financial strength and operational efficiency.

Divestment of Non-Core Assets

To align with its focused business strategy, the board initiated divestment of stakes in two subsidiary companies:

This strategic divestment aims to concentrate management efforts on core e-commerce verticals while optimizing capital allocation and operational efficiency.

Multi-Channel E-Commerce Strategy

The company has established a diversified sales approach across multiple channels:

• Marketplace Platforms: Sales through Amazon and Flipkart
• B2B Institutional Sales: Direct supply to business customers and trade partners
• Proprietary Platform: Launch of goldnsilver.shop for direct customer engagement

This multi-channel strategy ensures broader market reach, faster inventory rotation, reduced customer acquisition costs, and development of a proprietary customer base for long-term sustainability.

Segment Performance Analysis

Consolidated segment-wise performance for Q3 FY26 showed strong trading activity:

The trading segment demonstrated significant growth, contributing substantially to overall revenue performance and reflecting improved operational efficiency across the company's business verticals.