IndiaNivesh News

IndiaNivesh board to meet on May 29

IndiaNivesh Limited will hold a board meeting on May 29, 2026, to consider audited financial results for Q4 and FY26.

SPV Global Trading submits Q4FY26 compliance cert

SPV Global Trading Limited submitted confirmation certificate under SEBI Depositories Regulations for quarter ended March 31, 2026, ensuring regulatory compliance for dematerialization processes.

India Nivesh Limited Reports Quarterly Results with Auditor Qualifications on Interest Provisions

India Nivesh Limited announced unaudited financial results for the quarter and half-year ended September 30, 2025, showing net profit of Rs 17.55 lakhs but with qualified auditor opinion citing unprovided interest of Rs 5.09 crores on outstanding loans. The auditors highlighted concerns over interest provisions on two loans totaling Rs 132.55 crores, where negotiated interest terms were not reflected in the current period's financial statements.

Indianivesh Limited Board Approves Sale of Wholly-Owned Subsidiary and Key Leadership Changes

Indianivesh Limited's Board of Directors approved the complete sale of its 100% stake in wholly-owned subsidiary Indianivesh Securities Limited, pending shareholder approval. The subsidiary has a net worth of INR 155.51 lakhs with nil revenue. The company experienced auditor changes as M/s. C A S & Co. resigned due to pre-occupation with other professional commitments and lower audit fee expectations. The Board appointed M/s. Ajay Sobha & Co. Chartered Accountants as replacement statutory auditors to fill the vacancy. Additionally, the Board approved the re-appointment of Mr. Jagdish Pareek as Independent Director for a second five-year term until September 2030, and recommended regularization of Ms. Jeny Vinod Kumar Gowadia as Independent Director for a five-year term until May 2030. All appointments are subject to shareholder approval at the upcoming Annual General Meeting.