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Corporate News

IndiaNivesh Limited plans to sell its subsidiary, IndiaNivesh Commodities, with Rs 387.02 crore net worth
30-Sep-2026, 08:57

Indianivesh Limited announced at its Annual General Meeting on September 30, 2026, the re-appointment of Mr. Rajesh Nuwal as Managing Director for a further period of three years, and the planned sale of 100% of its equity shares in wholly-owned subsidiary IndiaNivesh Commodities Private Limited (INCPL), with a net worth of Rs 387.02 crore as of the last financial year, though specific sale terms, buyer details, and consideration are yet to be finalized.