Nitin Spinners Limited has informed the Exchange about change in Management

Management Changes View source PDF Explain this filing

NITINSPIN · price

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Price reactionminutes from the announcement price · days from the prior close

-4.7%Reaction day

₹363.50

prior close

₹358.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-4.3% vs market

Other Textile Products peers, median of 172sector-0.4%-4.3% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.3 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 172Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Nitin Spinners' board met on August 5, 2025 and approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Revenue from operations stood at Rs. 793.31 crore, marginally down from Rs. 802.97 crore in Q1 FY25. Net profit came in at Rs. 40.99 crore versus Rs. 42.12 crore year-on-year, with EPS of Rs. 7.29 (vs Rs. 7.49). The 33rd Annual General Meeting is scheduled for September 6, 2025. Four employees were designated as Senior Management Personnel: three were internal promotions to Vice President roles (Arvind Singh Rathore and Ghanshyam Heda in Engineering, Inderjeet Singh in Spinning), while Om Prakash Verma joins as General Manager (HR). The trading window for insiders reopens on August 8, 2025.

Likely market impact

Mildly soft Q1 performance with a slight dip in both revenue and profit compared to last year, though margins appear stable. The management changes are routine internal promotions and one new HR hire, with no impact on leadership or board composition. The AGM date confirms the annual shareholder event timeline.