Nahar Poly Films Announces Compliance Leadership Changes Under Regulation 30

1 min read     Updated on 23 Mar 2026, 10:10 PM
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AI Summary

Nahar Poly Films Limited has announced key leadership changes in its compliance department with Ms. Priya resigning as Company Secretary cum Compliance Officer effective March 27, 2026, and Ms. Sakshi Maheshwari being appointed as the new Compliance Officer on the same date, ensuring continuity in regulatory compliance.

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Nahar Poly Films Limited has announced significant leadership changes in its compliance department through an official communication to stock exchanges on March 23, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Leadership Transition Overview

The company has reported a complete transition in its compliance leadership with the resignation of its current Company Secretary cum Compliance Officer and the simultaneous appointment of a new Compliance Officer.

Parameter: Details
Outgoing Officer: Ms. Priya (Membership No. A67573)
Position: Company Secretary cum Compliance Officer
Resignation Date: March 23, 2026
Effective Date: March 27, 2026
Reason: Personal reasons

New Compliance Officer Appointment

Ms. Sakshi Maheshwari has been appointed as the new Compliance Officer, bringing relevant qualifications and professional experience to the role.

Parameter: Details
Name: Ms. Sakshi Maheshwari
Membership No.: A79236
Appointment Date: March 27, 2026
Age: 23 years
Relationship: Daughter of Sh. Narinder Kumar

Professional Qualifications and Experience

Ms. Maheshwari brings comprehensive educational credentials and relevant professional expertise to her new position:

  • Associate Member of the Institute of Companies Secretaries of India
  • Bachelor's degree in Commerce (B.com) from Punjab University, Chandigarh
  • Experience in Company Secretarial Functions
  • Background in Statutory Compliance
  • Expertise in Corporate Governance

Regulatory Compliance and Communication

The announcement was made through official letters to both BSE Limited (Scrip Code: 523391) and National Stock Exchange of India Limited (Symbol: NAHARPOLY). The communication was signed by Satish Kumar Sharma, Executive Director (DIN: 00402712), ensuring proper authorization and compliance with regulatory requirements.

The company has requested both exchanges to display this information on their notice boards and websites for public information and member awareness. This seamless transition demonstrates Nahar Poly Films' commitment to maintaining robust compliance standards and ensuring continuity in corporate governance practices.

Historical Stock Returns for Nahar Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.79%-0.06%-6.70%-21.80%+14.94%+89.19%

Will the appointment of a relatively young compliance officer (age 23) impact investor confidence in Nahar Poly Films' governance practices?

How might the family connection between the new compliance officer and Sh. Narinder Kumar affect the company's independence in regulatory matters?

What potential challenges could arise from this leadership transition during the current regulatory environment for listed companies?

Nahar Poly Films Reports 147% YoY Profit Growth in Q3FY26 Results

2 min read     Updated on 07 Feb 2026, 05:52 PM
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AI Summary

Nahar Poly Films delivered outstanding Q3FY26 results with net profit surging 147% YoY to ₹1,628.96 lakhs while revenue from operations declined marginally to ₹16,747.09 lakhs. The BOPP films manufacturer demonstrated strong cost management and operational efficiency, with nine-month performance showing 108% profit growth and consolidated results including associate company performance reaching ₹1,932.50 lakhs.

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Nahar Poly Films Limited delivered strong financial performance in Q3FY26, reporting a remarkable 147% year-on-year growth in net profit despite marginal revenue decline. The BOPP films manufacturer announced its unaudited financial results for the quarter ended December 31, 2025, showcasing improved operational efficiency and profitability.

Financial Performance Overview

The company's quarterly performance demonstrated significant improvement across key profitability metrics:

Metric: Q3FY26 Q3FY25 Change (%)
Revenue from Operations: ₹16,747.09 lakhs ₹17,294.54 lakhs -3.16%
Other Income: ₹1,164.10 lakhs ₹412.82 lakhs +182.08%
Total Revenue: ₹17,911.19 lakhs ₹17,707.36 lakhs +1.15%
Net Profit: ₹1,628.96 lakhs ₹658.68 lakhs +147.27%
Earnings Per Share: ₹6.63 ₹2.68 +147.39%

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Nahar Poly Films maintained strong momentum with substantial growth in both revenue and profitability:

Parameter: 9M FY26 9M FY25 Growth (%)
Revenue from Operations: ₹53,652.42 lakhs ₹50,929.73 lakhs +5.35%
Net Profit: ₹4,844.62 lakhs ₹2,330.26 lakhs +107.93%
Earnings Per Share: ₹19.70 ₹9.48 +107.81%

Cost Management and Operational Efficiency

The company demonstrated effective cost management during the quarter. Cost of materials consumed decreased to ₹11,150.41 lakhs from ₹12,032.37 lakhs in the previous year, reflecting improved procurement strategies. Employee benefits expense increased to ₹815.22 lakhs from ₹691.93 lakhs, while finance costs declined significantly to ₹187.15 lakhs from ₹245.27 lakhs, indicating better financial management.

Consolidated Results Performance

On a consolidated basis, including its associate company Nahar Capital and Financial Services Limited, the company reported even stronger performance. Consolidated net profit after share of associates reached ₹1,932.50 lakhs for Q3FY26 compared to ₹751.42 lakhs in the corresponding quarter of the previous year. The consolidated earnings per share improved to ₹7.85 from ₹3.06.

Corporate Governance and Regulatory Compliance

The Board of Directors approved these unaudited financial results in their meeting held on February 7, 2026, which commenced at 2:00 PM and concluded at 5:15 PM. The results were reviewed by the Audit Committee and subsequently approved by the Board. YAPL & Co., Chartered Accountants, Ludhiana, conducted the limited review of the financial statements. The company submitted these results to BSE (Scrip Code: 523391) and NSE (Symbol: NAHARPOLY) under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Business Segment Focus

Nahar Poly Films operates exclusively in the BOPP Films segment, maintaining its specialization in this area. The company's paid-up equity share capital remains stable at ₹1,229.40 lakhs with a face value of ₹5 per share. The focused business approach has enabled the company to achieve significant operational improvements and profitability growth during the reporting period.

Historical Stock Returns for Nahar Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
-2.79%-0.06%-6.70%-21.80%+14.94%+89.19%

More News on Nahar Poly Films

1 Year Returns:+14.94%