Nahar Industrial Enterprises Ltd
NSE: NAHARINDUS BSE: 519136
₹131.34
-2.23 (1.67%)
Fri, 23 Oct 2026, 06:52 am
Market Cap (in Cr)576.79
PE Ratio7.86
Dividend0
Process Industries
Textiles
24.5KNahar Industrial Enterprises Ltd Company History
1983
- The company was incorporated on 27th September at New Delhi.
1985
- A fatty acid plant with an installed capacity of 30 tonnes per day was commissioned in February at Jalaldiwal near Raikot in Sangrur district of Punjab.
1987
- An industrial oxygen gas plant and a solvent extraction plant were set up at Raikot in Sangrur district of Punjab.
1988
- The company undertook a project to expand the capacity of its fatty acid plant and to set up a toilet soap plant.
- The company proposed to issue 16,00,000 bonus equity shares in the proportion 2:5.
1989
- A public issue of 6,00,000 14% secured fully convertible debentures of Rs 120 each was made.
- 12,00,000 equity shares of Rs 10 each were issued on 28th March, 1989.
- 12,00,000 equity shares of Rs 10 each were issued on 27th March, 1990.
1991
- The company proposed to set up a writing and printing paper manufacturing unit and a vanaspati manufacturing unit at village Shahi, Pilibhit district of U.P.
- A rights cum public issue was made to part finance the project.
1992
- 15,99,360 bonus shares were issued in the proportion 2:5.
1993
- 40,00,000 equity shares of Rs 10 each were issued at a premium of Rs 90 per share.
- 47,50,000 equity shares of Rs 10 each were issued at a premium of Rs 110 per share through prospectus.
- 7,50,000 17.5% secured redeemable non-convertible debentures of Rs 100 each were issued with detachable warrants.
- 87,34,800 shares were issued.
1994
- The name of the Company was changed from Oswal Fats & Oils Ltd to Nahar Industrial Enterprises Ltd with effect from 21st October.
1995
- A 100% EOU spinning unit with a capacity of 25,000 spindles was set up at village Jalalpur, Lalru, Punjab.
- A 100% EOU spinning unit with a capacity of 25,000 spindles was set up at Mundian Kalan, Ludhiana.
- 15,01,900 equity shares were issued against warrants.
1996
- The company's spinning unit at Mundian Kalan, Ludhiana was under implementation.
1997
- Nahar Fabrics Ltd. was amalgamated with the Company.
- 29,33,280 equity shares of Rs 10 each were issued to the shareholders of erstwhile Nahar Fabrics Ltd.
2004
- The company delisted its equity shares from the Delhi Stock Exchange with effect from September 2, 2004.
2005
- Nahar International Limited and Nahar Sugar & Allied Industries Limited were merged with Nahar Industrial Enterprises Ltd.
- The company put up a denim textile unit at an investment of Rs 150 crore.
2006
- The Company entered into a Subscription Agreement with Jefferies International Ltd London for an issue of Foreign Currency Convertible Bonds of US$ 45.0 million.
2008
- Dr. Yash Paul Sachdeva was appointed as an Additional Director of the Company.
2009
- The Board recommended a dividend of Re 1 per equity share of Rs 10 each.
2010
- The Board recommended a dividend of Re 1 per equity share of Rs 10 each.
2011
- The Board recommended a dividend of Re 1 per equity share of Rs 10 each.
2013
- The Board recommended a dividend of Re 1 per equity share of Rs 10 each.
2014
- The Board recommended a dividend of Re 1 per equity share of Rs 10 each.
2022
- NCLT approved the scheme of arrangements regarding amalgamation of Cotton County Retail Limited with Nahar Industrial Enterprises Limited.
