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

-2.6%Reaction day

₹496.00

prior close

₹483.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.5% vs market

Other Textile Products peers, median of 185sector-0.1%-2.5% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.5 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

-1.3

10m

-0.5

15m

+0.0

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-0.1-2.5-0.1-2.5

Next day

-0.8-1.5+0.7-1.5+0.7

+0.8-4.5+5.3-2.9+3.7

+2.5-3.9+6.4-2.6+5.1

+0.9-3.6+4.5-2.6+3.5

+0.4-4.0+4.4-3.2+3.6

+1.8-4.9+6.7-3.5+5.3

15d

+1.5-2.7+4.2-3.4+4.9

+5.3-2.5+7.8-4.6+9.9

+9.3+2.7+6.6-4.5+13.8

+12.1+8.4+3.7-3.7+15.8

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 185Pending

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

AI summary

Nitin Spinners Limited held its Board meeting on May 8, 2026, approving the audited financial results for Q4 and full year ended March 31, 2026. The company reported strong revenue from operations of Rs. 84,213.90 lakhs for the year. The Board recommended a dividend of Rs. 3.00 per equity share (30%) for FY 2025-26, subject to shareholder approval at the AGM. The meeting also re-appointed M/s Vivek Laddha & Associates as Cost Auditors for FY 2026-27. The statutory auditors M/s Kalani & Co LLP issued an unmodified audit opinion on the financial results. The trading window for designated persons will open from May 11, 2026.

Likely market impact

Positive signals for shareholders with a recommended dividend and clean audit opinion. The filing appears to be a routine quarterly results announcement rather than a management change as suggested in the headline.