Indianivesh Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/09/2025 ,inter alia, to consider and approve The proposal to sale 100 percent ....
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Awaiting price reaction for this filing.
IndiaNivesh Ltd has informed BSE that its Board of Directors will meet on Friday, 5th September 2025 at its registered office in Lower Parel, Mumbai. The key agenda item is to consider and approve the sale of 100% of the company's stake in IndianNivesh Securities Limited, which is a wholly owned subsidiary. The sale is subject to the approval of the company's shareholders. The filing has been made under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements, 2015, which requires prior intimation of board meetings that consider certain key corporate actions. Managing Director and CFO Rajesh Nuwal (DIN: 00009660) has signed the intimation dated 2nd September 2025.
If approved, this would represent a full exit from the securities brooking/financial services subsidiary, potentially unlocking value for shareholders but also shrinking the group's business footprint. The stock may see volatility around the board meeting date as investors await details on the buyer, deal valuation, and use of sale proceeds.