Nahar Spinning Mills Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2025. Further, the company has informed the Exchange regarding voting results.
NAHARSPING · price
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Nahar Spinning Mills held its 45th AGM on September 25, 2025, via video conferencing from 10:00 AM to 10:45 AM. A total of 29,566 shareholders were on record as of September 18, 2025, and around 68.3% of the 3.6 crore outstanding shares were voted. All 9 resolutions were passed with overwhelming majority (99.99%–100% in favour). Key items approved include adoption of FY25 financial statements, declaration of a dividend of Rs. 1.00 per equity share (face value Rs. 5), re-appointment of directors Dinesh Gogna and Kamal Oswal, re-appointment of Dr. Roshan Lal Behl as Independent Director, ratification of cost auditors' remuneration, appointment of P.S. Bathla & Associates as secretarial auditor, payment to Chairman Jawahar Lal Oswal, and approval of related party transactions in the ordinary course of business. Scrutinizer P.S. Bathla certified the e-voting process as fair and transparent.
The AGM outcome is procedurally routine with all resolutions passed by wide margins, signalling strong shareholder alignment with management. Shareholders will receive a Rs. 1.00 per share dividend for FY25 (20% on face value). No material governance concerns arose, though the approvals for payments to the Chairman and related party transactions may be relevant for investors monitoring promoter-related remuneration.