Please find attached EGM Outcome letter
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nivi Trading Ltd held an Extraordinary General Meeting on 13th June 2025 in Mumbai from 2:00 PM to 3:00 PM IST. The meeting, chaired by Non-Executive Chairman Mr. Rajnikant Devidas Shroff, transacted four business items related to board changes. These included the appointment of Mr. Bipin Nandlal Jani as Managing Director and Mrs. Sandra R. Shroff as a Non-Executive Non-Independent Director, along with the re-appointment of Mr. Prasad Vasudeo Paranjape and Ms. Meena Deepak Ved as Independent Directors for a second five-year term. The Board acknowledged that Mrs. Sandra R. Shroff's term as Managing Director ended on 29th March 2025, and thanked her for her services. Remote e-voting was open from 10th June to 12th June 2025, with voting results (combined e-voting and physical ballot) to be submitted to BSE within two working days.
This is primarily a governance and board restructuring announcement with no direct impact on operations or financials. Investors should wait for the voting results to confirm shareholder approval, which is expected since such resolutions are typically passed with promoter support in closely-held companies.