Annual Report of M/s. Nihar Info Global Limited for the FY 2024-25
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Nihar Info Global Ltd has submitted its 31st Annual Report for FY 2024-25 along with the notice for its 31st Annual General Meeting scheduled for September 30, 2025 at 4:30 PM via video conferencing. The AGM notice includes several key resolutions: adoption of standalone and consolidated financial statements (including two subsidiaries — Life 108 Healthcare Pvt Ltd and Beastbells Media Pvt Ltd), acceptance of resignations of two Independent Directors (Mr. Juvviguntla Sundarasekhar and Mr. Jagadeeswara Reddi Rao), and appointment of two new Independent Directors (Mr. Sriramula Srinivas and Mr. Umashankar Siddappa Kolhe) for 5-year terms. Other key items include the reappointment of Mr. Divyesh Nihar Boda as Managing Director for another 5 years, an increase in authorized share capital from ₹14 Crores to ₹23 Crores, and a proposed Rights Issue of up to 1,04,07,748 equity shares at ₹10 each (payable in four tranches of ₹2.50). Additionally, statutory auditor NSVR & Associates LLP is being replaced by M/s. Bhargavi Priya and Associates to fill the casual vacancy.
The rights issue (up to ~1.04 crore shares at ₹10 each) and the 64% increase in authorized share capital signal potential equity dilution for existing shareholders, though the funds are aimed at expanding subsidiaries Life 108 Healthcare and Beastbells Media. The board changes — including MD reappointment, two new independent directors, and a new statutory auditor — indicate governance reshuffling but should not materially affect short-term stock price. Shareholders should review the financial performance details in the annual report before the AGM on September 30, 2025.