Akshar Spintex Board Approves Postal Ballot Notice

Akshar Spintex Limited's board meeting on January 19, 2026 approved postal ballot notice for director appointments and remuneration matters through remote e-voting process.

Akshar Spintex Reports Loss of Rs 332.79 Lakhs in Q2 FY2026

Akshar Spintex Limited reported a net loss of Rs 332.79 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs 95.65 lakhs in the same quarter of the previous year. Revenue from operations declined to Rs 2,234.18 lakhs from Rs 2,319.35 lakhs year-over-year. For the half-year period, the company posted a net loss of Rs 441.28 lakhs against Rs 107.20 lakhs in the corresponding period last year, while half-year revenue increased to Rs 4,852.98 lakhs from Rs 4,397.17 lakhs. The company operates in cotton yarn spinning and has paid-up equity share capital of Rs 7,874.68 lakhs. The auditor noted concerns regarding the company's failure to conduct physical verification of fixed assets and inventories during the review period.

Akshar Spintex Limited Promoters File Disclosure for Inter Se Share Transfer

Harikrushna Shamjibhai Chauhan, representing acquirers and persons acting in concert, submitted a disclosure under SEBI regulations for an inter se transfer of shares through off-market transactions among promoters and promoter group of Akshar Spintex Limited. The disclosure was filed pursuant to Regulation 10(5) of SEBI (SAST) Regulations, 2011.