Nandan Denim Limited has informed the Exchange regarding 'Appointment of Secretarial Auditor'.
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Nandan Denim's board met on August 6, 2025 and approved Q1 FY26 (quarter ended June 30, 2025) unaudited results. Revenue from operations rose to Rs. 1,04,768 lakhs, up about 45% from Rs. 72,162 lakhs in Q1 FY25. Net profit grew to Rs. 1,120 lakhs from Rs. 749 lakhs a year ago, with EPS of Rs. 0.08 (on face value Rs. 1 after share subdivision). The board appointed M/s. J. D. Khatnani & Associates as Secretarial Auditor for a 5-year term (FY26–FY30). It also appointed Mr. Suresh Chatterjee and Mr. Ambalal Patel as Additional Independent Directors, each for a 5-year term starting August 6, 2025, subject to shareholder approval. Both new directors have no inter-se relation with existing board members and are not debarred by SEBI.
Strong year-on-year revenue and profit growth in Q1 signals improving operating performance, which is positive for shareholders. The addition of two experienced independent directors and a peer-reviewed secretarial auditor strengthens board oversight and governance, though appointments are subject to shareholder approval.