Nahar Spinning Mills Announces Q2 Results and Reappoints Directors

Nahar Spinning Mills Announces Q2 Results and Reappoints Directors​

Nahar Spinning Mills Limited announced key decisions following its Board of Directors meeting held on August 5, 2026. The company approved the standalone un-audited financial results for the quarter ending June 30, 2026, and ratified several managerial reappointments, subject to shareholder approval where applicable.

The board meeting also set the stage for upcoming corporate actions, including the appointment of a record date for dividend payments and details regarding the Annual General Meeting (AGM).

Key decisions approved by the Board include:

• Management Appointments: The Directors re-appointed Mr. Dinesh Oswal as Managing Director for a further period of five years, effective January 1, 2027, pending shareholder approval. Additionally, Dr. Yash Paul Sachdeva and Dr. Anchal Kumar Jain were re-appointed for a term of five consecutive years.
• General Meetings: The company's 46th Annual General Meeting is scheduled to be held on Friday, September 25, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
• Shareholder Actions: The record date for the payment of dividends on Equity Shares for the financial year ended March 31, 2026, has been fixed as September 4, 2026. Members' Register and Share Transfer Books will remain closed from September 5, 2026, to September 9, 2026.

Financial Performance for Q2 FY2026​

The standalone un-audited financial results were reviewed by M/s Gupta Vigg & Co., Chartered Accountants. The performance highlights, as detailed in the statement, are provided below:


The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors.

Auditor's Review and Compliance Notes​

Gupta Vigg & Co., Chartered Accountants, conducted a review of the interim financial statements in accordance with SRE 2410, "Review Of Interim Financial Information Performed By The Independent Auditor Of The Entity," issued by the Institute of Chartered Accountants of India.

The auditors confirmed that based on their review, nothing came to their attention that would cause them to believe that the accompanying statement of unaudited financial results has not disclosed the information required in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in which it is disclosed.

The company operates in a single segment, Textiles, making segment reporting not applicable as per Ind AS 108 (Operating Segment).

NAHARSPING Stock Price Movement​

Nahar Spinning Mills Limited shares rallied today, settling at ₹328.95 after gaining 1.64%. The stock successfully achieved its 52-week high during the trading session, concluding with a volume of 115,800 shares.