Nitin Spinners Limited has informed the Exchange about change in Management
NITINSPIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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.