Nahar Spinning Mills News

Nahar Spinning Mills Q3FY26 Loss Widens to ₹1291.63 Lakhs

Nahar Spinning Mills reported a net loss of ₹1291.63 lakhs for Q3FY26 compared to a profit of ₹75.50 lakhs in Q3FY25. Revenue declined 13.48% YoY to ₹70255.82 lakhs.

Nahar Spinning Mills Reports Mixed Financial Results for Quarter and Half Year Ended September 30, 2025

Nahar Spinning Mills Limited announced un-audited financial results showing a net loss of Rs. 464.39 lakhs for the quarter ended September 30, 2025, compared to a profit of Rs. 1,600.23 lakhs in the previous year quarter. The company's revenue from operations declined to Rs. 159,854.91 lakhs from Rs. 159,854.91 lakhs, with management noting that recent tariff impositions by the United States Government on textile imports have direct and indirect impact on the company's profitability.

Nahar Spinning Mills Re-appoints Two Non-Executive Directors at Annual General Meeting

Nahar Spinning Mills Limited re-appointed Sh. Dinesh Gogna (DIN: 00498670) and Sh. Kamal Oswal (DIN: 00493213) as Non-Executive Directors at its 45th Annual General Meeting held on September 25, 2025. Both directors had retired by rotation and offered themselves for re-appointment. Shareholders approved their re-appointment during the meeting conducted through video conferencing. The company confirmed that neither director has been debarred from holding office by SEBI or any other authority.

Nahar Spinning Mills Re-appoints Dr. Roshan Lal Behl as Independent Director for Second Term

Nahar Spinning Mills has re-appointed Dr. Roshan Lal Behl as an Independent Director for a second term of 5 consecutive years, effective from September 30, 2025 to September 29, 2030. The re-appointment was approved by shareholders at the 45th Annual General Meeting held on September 25, 2025 through video conferencing. Dr. Behl, 68, holds M.Com, MBA (Financial Management) and Ph.D. qualifications with over 39 years of teaching experience. He previously served as Principal at Sri Aurobindo College of Commerce and Management, Ludhiana, and as Director of Ludhiana Stock Exchange from 2012 to 2014. His previous term as Independent Director was set to expire on September 29, 2025, prompting the Board's proposal for re-appointment in its July 31, 2025 meeting.