Nahar Capital & Financial Services has scheduled its 21st Annual General Meeting for September 25, 2026. The Board proposes a dividend of ₹1.50 per equity share and seeks approval for key director re-appointments.

The meeting will be conducted via Video Conferencing or Other Audio Visual Means. Shareholders holding shares as on the record date of September 4, 2026, will be eligible for the dividend payout. The Register of Members will remain closed from September 5 to September 9, 2026.

Financial Performance Overview

The company reported a gross revenue of ₹5,182.59 lakh for FY26, up from ₹4,936.09 lakh in FY25. Net profit stood at ₹2,876.72 lakh in FY26, compared to ₹3,040.00 lakh in the prior year.

What the Numbers Show

While gross revenue expanded by approximately 5% year-on-year, net profit contracted by roughly 5.4%. This divergence suggests that cost structures or other expenses grew at a faster pace than top-line growth during the period, compressing overall profitability despite higher sales.

Director Re-appointments

The agenda includes several special resolutions regarding board composition:

• Dinesh Oswal: Shareholders will vote on his re-appointment as Managing Director for five years, effective January 1, 2027. His proposed remuneration includes a monthly salary scale of ₹45.00 lakh to ₹57.00 lakh and a commission of 2% of net profit.
• Satish Kumar Sharma: The Board seeks consent to continue his directorship as a Non-Executive Director after he attains the age of 75 years on September 4, 2027.
• Independent Directors: Dr. Yash Paul Sachdeva and Dr. Rajan Dhir are proposed for re-appointment as Independent Directors for a second term of five years, commencing August 24, 2027.

Non-Executive Directors Jawahar Lal Oswal and Kamal Oswal retire by rotation and offer themselves for re-appointment.

Voting and Logistics

Remote e-voting will be open from September 22 to September 24, 2026. Members can cast votes electronically through the CDSL e-voting platform. The facility allows participation for at least 1,000 members on a first-come, first-served basis, excluding large shareholders and promoters who have unrestricted access.

Annual Report Access

The company has dispatched web-links containing the complete Annual Report for FY26 to shareholders who have not registered their email addresses with the company or depositories. Shareholders can access the report and AGM notice via the company website under the Investors section.

Nahar Capital & Financial Services submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to stock exchanges on August 27, 2026. The non-banking financial company (NBFC) reported a turnover of ₹51.83 crore and a net worth of ₹911.93 crore for the period ending March 31, 2026.

The Ludhiana-based entity operates primarily in financial and investment activities, which contributed 93.16% of its total turnover. Real estate activities accounted for the remaining 6.84%. As an investment-focused firm, the company stated it does not manufacture products or provide direct services, rendering several environmental and consumer-centric disclosures not applicable.

Governance and Compliance

The Board of Directors oversees sustainability issues, supported by the Corporate Social Responsibility Committee and Risk Management Committee. Mr. Dinesh Oswal, Managing Director, is designated as the highest authority responsible for implementing business responsibility policies.

The company maintains a Code of Conduct for directors and senior management, affirming zero tolerance for bribery and corruption. No monetary or non-monetary penalties were imposed on the entity, its directors, or key managerial personnel during FY26. One shareholder grievance was filed and resolved within the year, with no complaints pending at year-end.

Human Capital Metrics

As of March 31, 2026, the company employed 20 permanent and non-permanent staff members. Women constitute 10% of the total workforce, comprising two employees. Among Key Managerial Personnel (KMPs), female representation stands at 50%, while the Board includes one woman director (10%).

The permanent employee turnover rate was 5.00% in FY26, down from 5.55% in FY25 and significantly lower than the 16.66% recorded in FY24. The company provided health and accident insurance coverage to all 18 permanent employees. Training programs covered 100% of the Board and KMPs on BRSR principles, while 85% of total employees received health and safety training.

Related Party Transactions

The disclosure highlights significant concentration in related-party dealings. Loans and advances given to related parties constituted 100% of the total loans and advances portfolio in FY26, an increase from 77.27% in FY25. Investments in related parties accounted for 41.36% of total investments, slightly down from 42.61% in the prior year.

Corporate Social Responsibility

CSR activities are executed through the Oswal Foundation, focusing on education, healthcare, and rural development. The company spent ₹61.80 lakh on CSR projects in Ludhiana, an aspirational district in Punjab. Primary beneficiaries included residents accessing cancer treatment at the Mohan Dai Oswal Cancer Treatment & Research Foundation.

What the Numbers Show

The complete concentration of loans and advances in related parties indicates a high dependency on intra-group financing structures. While this reduces external credit risk exposure, it limits diversification in the lending book. The stabilization of employee turnover below 6% after a spike in FY24 suggests improved retention stability in recent years.