Nihar Info Global AGM 2026: Preferential Issue, Subsidiary Sale

Why this AGM matters for investors

Nihar Info Global Limited is heading into its 32nd Annual General Meeting (AGM) with two proposals that can reshape its capital structure and group footprint. The company has disclosed that its board approved a preferential issue involving equity shares and convertible warrants. Separately, it approved the divestment of two subsidiaries to a director in a transaction classified as a related party matter.

These developments are landing at a time when the stock has been under sustained selling pressure. The company has also released financial updates across FY26 and the June 2026 period, including a consolidated net sales number that showed year-on-year growth.

Key disclosures and dates in focus

Nihar Info Global said its board meeting outcome dated August 31, 2026 covered the preferential issue and the subsidiary divestment. The company also issued a corrigendum dated September 23, 2026 to the notice of the 32nd AGM, updating parts of the explanatory statement.

The company disclosed that the AGM will be conducted through video conferencing (VC) or other audio-visual means (OAVM). It also set key shareholder process dates, including e-voting cut-off and book closure.

Preferential issue: equity shares and convertible warrants

As per the board meeting outcome, Nihar Info Global approved a preferential issue of 11.7 lakh equity shares to non-promoters. In the same approval, the board cleared the issuance of 20 lakh convertible warrants to the promoters or promoter group.

The disclosure indicates a two-part structure: immediate equity issuance to non-promoters and warrant issuance to promoters. The company’s filings referenced the matter under Regulation 30 of SEBI (LODR) 2015 as part of the board meeting outcome.

Subsidiary divestment proposal and related-party angle

Nihar Info Global approved the divestment of two subsidiaries, 108 Life Healthcare and Beastbells Media Private Limited. The buyer disclosed is a director, Ms. Vijaya Lakshmi Boda.

The company stated the divestment consideration as Rs. 18.21 lakh, which is ₹0.1821 crore after normalization. The divestment is subject to shareholder approval at the upcoming AGM, and the company flagged it as involving related party transactions.

AGM format, e-voting cut-off, and book closure

The company disclosed that its 32nd AGM is scheduled for September 30, 2026 at 4:30 P.M., and will be held via VC or OAVM. It also stated the e-voting cut-off date is September 23, 2026, and the book closure period is from September 24 to September 30, 2026.

It further noted that shareholders wishing to participate in electronic voting should ensure their names appear in the register before the cut-off date. The annual report and AGM notice were disclosed to the Bombay Stock Exchange on September 5, 2026.

Financial snapshot: June 2026 net sales and FY26 turnaround

A separate update stated that Nihar Info consolidated net sales for June 2026 stood at ₹4.72 crore, up 42.35% year-on-year. The same broader set of disclosures also points to a full-year profitability change.

Nihar Info Global reported that it returned to profitability in FY26 with a consolidated net profit of ₹0.6870 crore. This reversed a loss of ₹3.5686 crore in the previous year, as per the FY26 annual report summary.

Quarterly profitability: Q4 FY26 profit and sequential drop

For Q4 FY26 (Mar 2026 quarter), the company reported consolidated net profit of ₹0.03 crore. This was described as a 90.00% sequential decline from the previous quarter’s ₹0.30 crore.

On a year-on-year basis, the company swung to a marginal profit from a loss of ₹3.41 crore in the corresponding quarter of the previous year. The same note also cautioned that the year-on-year comparison was distorted by exceptional losses in the base period.

Stock action: 52-week lows and sustained selling pressure

The stock has been volatile in September 2026. A market note said Nihar Info Global closed lower for the sixth consecutive session and hit a fresh 52-week low of ₹4.98 on September 18, 2026. This was stated as a 20.32% decline over that losing streak.

Another update said the stock closed lower for the fifth consecutive session and hit a 52-week low of ₹5.24 on September 17, 2026, marking a 16.16% decline over the past five trading days. These moves were described as sustained selling pressure despite “pockets of positive financial data.”

What the market commentary says about risk

The compiled notes also mention rating changes. One entry said the investment rating was downgraded from Hold to Sell as of May 19, 2026, and another said it was downgraded from Sell to Strong Sell as of September 8, 2026.

Separately, a note described the latest results as concerning, citing a 58.60% decline in net sales and a 90% drop in net profit, and flagged revenue volatility and governance concerns. These statements appear as external market commentary in the provided material, and investors typically cross-check such claims with the company’s filings and audited numbers.

Key facts table

Analysis: what to watch from the September 30 meeting

The AGM matters because it brings shareholder oversight to transactions that can alter ownership and governance dynamics. The preferential issue combines equity issuance and promoter-linked warrants, which can affect the company’s equity base depending on subsequent conversions.

The subsidiary divestment is positioned as a related party transaction and is explicitly subject to shareholder approval. That makes the explanatory statement and the corrigendum to the AGM notice important documents for investors assessing rationale, pricing, and process.

Meanwhile, the stock’s fresh 52-week lows and multi-session declines show the market is pricing in elevated uncertainty. Against that backdrop, investors will likely focus on the exact terms of the preferential issue, the specifics in the AGM explanatory statement, and the company’s post-FY26 profitability trajectory.

Conclusion

Nihar Info Global’s September 30, 2026 AGM is set to decide on a preferential issue and a director-linked subsidiary divestment valued at ₹0.1821 crore. The company has also disclosed June 2026 consolidated net sales of ₹4.72 crore and a return to FY26 profitability at ₹0.6870 crore.

The next concrete milestone is the AGM itself, with the e-voting cut-off already set for September 23 and book closure running from September 24 to September 30, as disclosed in the AGM documents and corrigendum.