Nirav Commercials Limited at its board meeting held on June 7, 2021 approved change in designation of Shri Lalit Kumar Daga from chairman & Managing Director (Executive) to Non-Executive Chairman/Director of the company with effect from June 6, 2021 and change in designation of Shri Raghav Daga from Non-Executive Director to Managing Director of the company for the term of 3 years i.e June 6, 2021 to June 6, 2024.