Scrutinizer's Report alongwith Voting Results for AGM held on 25.09.2025 is enclosed.
NAHARPOLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Nahar Poly Films Limited held its 37th Annual General Meeting on September 25, 2025, via video conferencing, from 11:30 AM to 12:15 PM. All 9 resolutions were passed with overwhelming shareholder approval, with most receiving over 99.99% votes in favour. Key resolutions included adoption of audited financial statements for FY25, declaration of a dividend of Rs. 1.00 per equity share (face value Rs. 5), re-appointment of directors Mr. Jawahar Lal Oswal and Mr. Dinesh Oswal, re-appointment of Mr. Satish Kumar Sharma as Executive Director, increase in borrowing limit, creation of charges on company assets, ratification of cost auditors' remuneration, and appointment of P.S. Bathla & Associates as Secretarial Auditor. Promoters hold approximately 1.77 crore shares (72.27% stake) and voted unanimously in favour of all resolutions. Public shareholder participation was low, with only about 17,820 public shares voted.
The AGM outcome is neutral to mildly positive for shareholders — the Rs. 1.00 dividend on a Rs. 5 face value share represents a 20% payout, while the approval to increase borrowing limits suggests the company may take on more debt for future growth. All routine resolutions passed cleanly with near-unanimous support, indicating no governance concerns.