Nahar Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2025 ,inter alia, to consider and approve 1. Un-audited Financial ....
NAHARSPING · price
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Nahar Spinning Mills has scheduled a Board Meeting on 31st July 2025 at 3:00 PM, primarily to consider and approve the unaudited financial results for the quarter ended 30th June 2025 (Q1 FY26). The Board will also consider a major capex proposal of approximately Rs. 325 Crores for modernization of the company's spinning units at various locations. Additionally, the company plans to set up an 11 MW Solar PV system for its own consumption at a capital outlay of about Rs. 25 Crores, bringing the total proposed capex to around Rs. 350 Crores. The trading window for dealing in the company's securities has been closed from 1st July 2025 and will remain so until 48 hours after the results declaration.
The sizeable capex announcement signals management's commitment to upgrading manufacturing capacity and reducing long-term power costs through captive solar energy, which is positive for future operational efficiency. Investors should focus on the Q1 results alongside the board's final capex approval to gauge earnings quality and growth trajectory.