Re-appointment of Independent Directors- Mr. Prasad Paranjape and Ms. Meena Deepak Ved
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Nivi Trading Limited announced two items at its May 14, 2025 board meeting. First, the board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditors Vora & Associates issuing an unmodified opinion. Second, the board approved the re-appointment of two Independent Directors — Mr. Prasad Vasudev Paranjape and Ms. Meena Deepak Ved — for a second consecutive 5-year term from June 15, 2025 to June 14, 2030, subject to shareholder approval. The company has no revenue from operations and earns only Rs 8.16 lakhs in FY25 (vs Rs 7.42 lakhs in FY24) from dividends and fair value gains on investments. It reported a marginal net loss of Rs 0.11 lakhs for FY25 (vs Rs 0.94 lakh loss in FY24), with total comprehensive income swinging to negative Rs 8.96 lakhs from positive Rs 17.98 lakhs a year ago due to mark-to-market movements.
Routine governance and regulatory filing with no material impact on shareholders. The company continues to function as a small investment entity with negligible operating activity, and the re-appointments ensure board continuity without any changes in control or strategy.