Nirav Commercials Ltd. — Board/Management Information 2026

Feb 4, 2026

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Date: 04[th] February, 2026

To, Corporate Relationship Department, BSE Limited, Dalal Street, Phiroze Jeejeebhoy Towers Mumbai – 400001. Email: corp.relations@bseindia.com

Scrip Code- 512425

Sub: Outcome of the Board Meeting under regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”) read with SEBI Circular dated July 13, 2023 (“the SEBI Circular”)

Dear Sir / Madam,

With reference to the captioned subject, this is to inform you that Board of Directors of the Company in its meeting held at the registered office of the Company on February 04, 2026 had inter-alia, considered and approved the following matters:

1. The Board of Directors of the Company has approved the Business Transfer Agreement (“BTA”) to sale /dispose of the Aluminium business of the company under the brand name “Elesar Focchi”, to Hind Aluminium Industries Limited being a Related Party and the said transaction is constituted as Material Related Party Transaction subject to approval of Shareholders.

2. To Conduct the postal ballot to obtain shareholder’s approval for the Business Transfer Agreement (“BTA”) to sale /dispose of the Aluminium business of the company under the brand name “Elesar Focchi”, to Hind Aluminium Industries Limited being a Related Party and the said transaction is constituted as Material Related Party Transaction and accordingly, approved the Postal Ballot Notice for the aforesaid agenda.

The Board meeting of the Company commenced at 10:30 a.m. and concluded at 11:00 a.m. Necessary details as prescribed under regulation 30 of the Listing Regulations read with read with SEBI circular dated July 13, 2023 bearing reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 are provided in Annexure “A”.

We request you to kindly take the same on record. Thanking you, Yours faithfully,

For Nirav Commercials Limited

AMEY Digitally signed by AMEY ASHOK ASHOK BORKAR BORKAR Date: 2026.02.04 11:07:43 +05'30'

Amey Borkar Company Secretary & Compliance Officer Encl: A/a

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Annexure-A

Disclosure in terms of the SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023:

Sr No.	Particulars	Details
1	The amount and percentage of the turnover or revenue or income and networth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year;	Income and Networth of Elessar Focchi is 3047.45 Lakhs and 972.64 Lakhs respectively which contributes 100% of its revenue as per the last Audited financial statements as on March 31, 2025.
2	date on which the agreement for sale has been entered into;	To be executed subject to approval of Shareholders.
3	the expected date of completion of sale/disposal	31/03/2026
4	consideration received from such sale/disposal;	Rs. 1.25 Crores (Rupees One Crore Twenty-Five Lakhs Only)
5	brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof;	Name of Buyer – Hind Aluminium Industries Limited, having its Registered office at B-1, Tulsi Vihar, Dr. A. B. Road, Worli Naka, Mumbai - 400 018, being the related party, the buyer belongs to the promoter/ promoter group/groupcompanies.
6	whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”;	Yes, the said transaction would be considered as a Material Related Party Transactions and shall be at Arm’s Length.
7	whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations.	Not applicable
8	additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.	Not applicable