Nahar Industrial re-appoints Dinesh Gogna, Navdeep Sharma at 42nd AGM
- Nahar Industrial Enterprises Ltd approved all resolutions at its 42nd virtual AGM on September 29, 2026
- Shareholders re-appointed Dinesh Gogna and Navdeep Sharma as Non-Executive Directors
- Special resolutions passed for asset sale at Arham Spinning Mills and MoA amendment
- Statutory Auditors' Report for FY26 contained no qualifications or adverse remarks
*this image is generated using AI for illustrative purposes only.
Nahar Industrial Enterprises Limited passed all resolutions proposed at its 42nd Annual General Meeting (AGM), including the re-appointment of two non-executive directors who retired by rotation. The meeting was conducted virtually on September 29, 2026, via Video Conferencing (VC) and Other Audio Visual Means (OAVM).
The company’s Board recommended, and shareholders approved, the re-appointment of Sh. Dinesh Gogna and Sh. Navdeep Sharma. Both directors offered themselves for re-appointment after retiring by rotation. The filing confirmed that neither director has been debarred from holding office by SEBI or any other authority.
Key resolutions passed
The following ordinary and special resolutions were duly passed with the requisite majority:
| Resolution | Type | Details |
|---|---|---|
| Adoption of Financial Statements | Ordinary | Standalone and Consolidated statements for FY26 |
| Director Re-appointment | Ordinary | Sh. Dinesh Gogna and Sh. Navdeep Sharma |
| Cost Auditor Remuneration | Ordinary | Approval for FY27 |
| MD Minimum Remuneration | Special | For Mr. Kamal Oswal in case of no/inadequate profits |
| Asset Sale and Land Development | Special | Arham Spinning Mills unit |
| Loans and Guarantees | Special | Under Section 185 of Companies Act, 2013 |
| MoA Amendment | Special | Amendment in object clause |
Meeting proceedings and compliance
The AGM commenced at 11:45 am and concluded at 12:40 pm. Chairman Jawahar Lal Oswal addressed members regarding business performance, financials, and initiatives in warehousing and real estate. The meeting was held in compliance with Section 96 of the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs (MCA) and SEBI.
Remote e-voting facilities were provided through Central Depository Services (India) Ltd. (CDSL) from September 26, 2026, to September 28, 2026. Mr. P.S. Bathla of M/s P.S. Bathla & Associates served as the Scrutinizer for the e-voting process.
Auditor and secretarial status
The Company Secretary informed members that the Statutory Auditors' Report for FY26 did not contain any qualifications or adverse remarks. Similarly, the Secretarial Audit Report for the year under review contained no observations or adverse remarks. Both reports were taken as read with the permission of the members.
One shareholder, Mr. Deepak Maheshwari, submitted queries which were addressed by Vice Chairman-cum-Managing Director Kamal Oswal during the session.
Historical Stock Returns for Nahar Industrial Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.12% | -1.16% | -4.28% | +49.38% | +13.93% | +26.19% |
How will the approved special resolution for the sale of the Arham Spinning Mills unit and land development impact Nahar Industrial's capital allocation strategy for FY27?
What specific expansion timelines or revenue targets were outlined by Chairman Jawahar Lal Oswal regarding the company's new initiatives in warehousing and real estate?
How might the amendment to the Memorandum of Association's object clause enable Nahar Industrial to diversify into new business segments beyond its traditional textile operations?
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