The company's Board has approved the re-appointment of Mr. Rajesh Nuwal as Managing Director and Mr. Kaushik Jashwantlal Shah as Non-Executive Director, subject to shareholder approval.

A key strategic decision was the sale of its wholly-owned subsidiary, IndiaNivesh Commodities Private Limited (INCPL). INCPL reported zero revenue and a net worth of 3.87 Cr.

The Board is authorized to finalize the sale terms, a move likely aimed at streamlining operations, pending shareholder endorsement.

Other approvals included annual reports and arrangements for the upcoming 95th Annual General Meeting.