Nahar Poly Films Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2025 along with a copy of minutes.
NAHARPOLY · price
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Nahar Poly Films Limited held its 37th Annual General Meeting on September 25, 2025, at 11:30 AM via video conferencing. Mr. Sambhav Oswal, Managing Director, chaired the meeting in the absence of Chairman Mr. Jawaharlal Oswal. All 9 resolutions on the agenda were passed with the required majority, including adoption of standalone and consolidated financial statements for FY ending March 31, 2025, and declaration of a dividend of Rs. 1.00 per equity share (face value Rs. 5). The meeting also approved special resolutions to increase the company's borrowing limit and to create charges or mortgages on company assets to secure loans. Statutory auditors M/s YAPL & Co. and Secretarial Auditors M/s P.S. Bathla & Associates submitted their reports without any qualifications. No queries or questions were raised by members.
The Rs. 1 per share dividend rewards shareholders, while approval to raise the borrowing limit and create charges on assets signals potential future expansion, capex, or debt refinancing. All resolutions passing smoothly, combined with clean audit reports, is a neutral-to-positive governance signal for retail investors.