What did Nidhi Granites' board approve?

The board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. It also reappointed its statutory auditor and two independent directors for five-year terms.

Who are the reappointed directors?

The independent directors reappointed are Mr. Amit Sinkar and Mr. Amit Patankar. They will serve another five-year term.

Are the financial results new information?

No. The results were previously disclosed on the same date, May 29, 2026. This board meeting outcome formalises that disclosure.

How large is Nidhi Granites?

It is a nano-cap company with a market capitalisation of ₹292 crore.

Earnings · Finance · Micro cap

Nidhi Granites reappoints auditors and two independent directors

A routine board meeting outcome for the nano-cap granite company, confirming its FY26 results and governance continuity.

— 2 earlier stories on Nidhi Granites Ltd. →

NIDHGRN By Tipsheet Editorial 29 May 2026 · 5:53 PM IST Verify on BSE · NSE

Mkt cap₹284 cr

P/E58.42×

ROE12.90%

Debt / eq.0.20

₹292 cr Market capitalisation of the nano-cap company

What's new

Board approved FY26 audited financial results (standalone & consolidated) on May 29, 2026.
Statutory auditor M/s. Jogin Raval & Associates reappointed for a five-year term.
Independent directors Amit Sinkar and Amit Patankar reappointed for five-year terms.

Why this matters

This is standard annual compliance for a listed company. The results were already disclosed on the same date. The reappointments are governance housekeeping that does not change the business or valuation trajectory.

What we're watching

The actual FY26 financial performance once disclosed in detail.
Any strategic shift from the nano-cap granite business.
Market liquidity given the company's ₹292 cr market cap.

The full read

Nidhi Granites Ltd. held a board meeting on May 29, 2026 to formalise its annual compliance. The outcomes were routine. The board signed off on the FY26 audited results, which had already been disclosed on the same date. It also reappointed its statutory auditor, M/s. Jogin Raval & Associates, and independent directors Amit Sinkar and Amit Patankar for five-year terms. At a market cap of ₹292 crore, this nano-cap filing carries no operational or valuation surprise. It is administrative housekeeping, nothing more.

Questions answered

What did Nidhi Granites' board approve?: The board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. It also reappointed its statutory auditor and two independent directors for five-year terms.
Who are the reappointed directors?: The independent directors reappointed are Mr. Amit Sinkar and Mr. Amit Patankar. They will serve another five-year term.
Are the financial results new information?: No. The results were previously disclosed on the same date, May 29, 2026. This board meeting outcome formalises that disclosure.
How large is Nidhi Granites?: It is a nano-cap company with a market capitalisation of ₹292 crore.

Mentioned: M/s. Jogin Raval & Associates · Amit Sinkar · Amit Patankar

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on NIDHGRN →

29 May 2026 · 5:53 PM IST Nidhi Granites reappoints auditors and two independent directors
1d ago Nidhi Granites lost money. Its fintech subsidiary carried the group to profit.
1d ago Nidhi Granites posts a profit. The paper business didn't.