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Nirav Commercials informs about board meeting

04 Feb 2026 Evaluate
Nirav Commercials has informed that Board of Directors of the Company in its meeting held at the registered office of the Company on February 04, 2026 had considered and approved the following matters: The Board of Directors of the Company has approved the Business Transfer Agreement (BTA) to sale /dispose of the Aluminium business of the company under the brand name ‘Elesar Focchi’, to Hind Aluminium Industries Limited being a Related Party and the said transaction is constituted as Material Related Party Transaction subject to approval of Shareholders; To Conduct the postal ballot to obtain shareholder’s approval for the Business Transfer Agreement (BTA) to sale /dispose of the Aluminium business of the company under the brand name ‘Elesar Focchi’, to Hind Aluminium Industries Limited being a Related Party and the said transaction is constituted as Material Related Party Transaction and accordingly, approved the Postal Ballot Notice for the aforesaid agenda. The Board meeting of the Company commenced at 10:30 am and concluded at 11:00 am. Necessary details as prescribed under regulation 30 of the Listing Regulations read with read with SEBI circular dated July 13, 2023 bearing reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 are provided in Annexure ‘A’.

The above information is a part of company’s filings submitted to BSE.

Nirav Commercials Share Price

820.00 0.00 (0.00%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Manaksia Aluminium 32.15
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