Nahar Poly Films Receives Credit Rating Reaffirmation from CARE Ratings

1 min read     Updated on 08 Apr 2026, 05:46 PM
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Radhika SScanX News Team
AI Summary

Nahar Poly Films Limited received credit rating reaffirmation from CARE Ratings on April 7, 2026. The company's long-term bank facilities of Rs. 545.00 crores were rated CARE A; Stable, enhanced from Rs. 160.16 crores, while short-term facilities of Rs. 12.00 crores received CARE A1 rating. The company disclosed this development to stock exchanges in compliance with SEBI listing regulations.

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Nahar Poly Films Limited has announced the reaffirmation of its credit ratings by CARE Ratings, marking a significant development in the company's financial standing. The rating agency communicated its decision to the company on April 7, 2026, maintaining stable outlook across its facilities.

Credit Rating Details

CARE Ratings has reaffirmed the company's credit ratings across different facility categories. The rating reaffirmation covers both long-term and short-term banking facilities with specific ratings assigned to each category.

Facilities/Instruments Amount (Rs. in crores) Rating
Long Term Bank Facilities 545.00 (Enhanced from 160.16) CARE A; Stable (Single A)
Short Term Bank Facilities 12.00 CARE A1 (A One)

Facility Enhancement

A notable aspect of the rating reaffirmation is the substantial enhancement in the long-term bank facilities limit. The facility amount has been increased to Rs. 545.00 crores from the previous limit of Rs. 160.16 crores, representing a significant expansion in the company's borrowing capacity.

Regulatory Compliance

The company has disclosed this information to stock exchanges in compliance with Regulation 30(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on April 8, 2026, through official communication to both BSE Limited and National Stock Exchange of India Limited.

Rating Significance

The CARE A; Stable rating for long-term facilities indicates adequate degree of safety regarding timely servicing of financial obligations, while the CARE A1 rating for short-term facilities reflects strong degree of safety regarding timely payment of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term.

Historical Stock Returns for Nahar Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+2.36%+5.67%-23.09%+18.83%+101.62%

What specific expansion projects or capital investments is Nahar Poly Films planning with the significantly increased borrowing capacity of Rs. 545 crores?

How might the enhanced credit facilities impact Nahar Poly Films' competitive position in the polymer packaging industry over the next 2-3 years?

Will the company's debt-to-equity ratio change materially if they utilize the full enhanced credit limit, and how might this affect future dividend policies?

Nahar Poly Films Announces 100-Day Saksham Niveshak Campaign for Shareholder KYC Updates

2 min read     Updated on 06 Apr 2026, 05:14 PM
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AI Summary

Nahar Poly Films Limited has announced a comprehensive shareholder engagement initiative through newspaper publication regarding the 100 Days Campaign - Saksham Niveshak, running from April 1, 2026 to July 9, 2026. The campaign aims to facilitate KYC updates and prevent transfer of unpaid dividends to IEPF. Additionally, the company has opened a special window from February 5, 2026 to February 4, 2027 for transfer and dematerialisation of physical shares purchased before April 1, 2019. Shareholders are urged to update their KYC, bank details, and nomination information with RTA Alankit Assignments Limited.

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Nahar Poly Films Limited has issued a comprehensive notice to shareholders regarding two important initiatives aimed at protecting investor interests and facilitating share transfers. The company published this notice in Business Standard and Punjabi Jagran on April 6, 2026, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Second 100 Days Campaign - Saksham Niveshak Initiative

The Investor Education and Protection Fund Authority (IEPFA) has re-launched the Second 100 Days Campaign titled "Saksham Niveshak" for a comprehensive shareholder engagement program. This initiative focuses on KYC updates and related shareholder services to prevent the transfer of unpaid and unclaimed dividends to the Investor Education and Protection Fund (IEPF).

Campaign Details: Information
Campaign Period: April 1, 2026 to July 9, 2026
Objective: KYC and shareholder engagement
Purpose: Prevent IEPF transfer of unclaimed dividends
Authority: Investor Education and Protection Fund Authority

Special Window for Physical Share Transfer and Dematerialisation

Pursuant to SEBI Circular No. SEBI/HO/38/13/11(2)2026-MIRSD-POD/3750/2026 dated January 30, 2026, the company has opened a special window to facilitate shareholders for lodging transfer and dematerialisation requests for physical securities. This window specifically covers shares that were sold or purchased prior to April 1, 2019, where original share certificates are available.

Special Window Details: Information
Window Period: February 5, 2026 to February 4, 2027
Eligibility: Physical shares traded before April 1, 2019
Coverage: Transfer and demat requests
Additional Scope: Previously rejected/returned requests

Shareholder Action Requirements

The company has requested all shareholders to update their essential information to ensure seamless dividend payments and prevent fund transfers to IEPF. Shareholders need to update the following details:

  • KYC (Know Your Customer) information
  • Bank account details and mandates
  • Nomination details
  • Contact information including address and phone numbers

Registrar and Transfer Agent Information

All requests and updates should be submitted to the company's Registrar and Share Transfer Agent:

RTA Details: Information
Name: Alankit Assignments Limited
Unit: Nahar Poly Films Limited
Address: 4E/2, Alankit House, Jhandewalan Extension, New Delhi - 110055
Phone: 011-42541234
Email: rta@alankit.com

Online Resources and Support

The company has made requisite forms available on its website for shareholder convenience. Details of unpaid and unclaimed dividends are also accessible through the company's online portal. Shareholders requiring assistance or having queries related to unclaimed dividends and shares can contact either the company directly or the RTA.

Online Resources: Links
KYC Update Forms: https://www.ownnahar.com/nahar_polyfilm/kyc_updation.php
Unpaid Dividend Details: https://www.ownnahar.com/nahar_polyfilm/unpaid_dividend.php
Company Website: www.ownnahar.com

The notice was signed by Sambhav Oswal, Managing Director, and dated April 4, 2026, from Ludhiana. This proactive approach by Nahar Poly Films demonstrates the company's commitment to shareholder welfare and regulatory compliance, ensuring that investors can claim their rightful dividends and maintain proper documentation of their shareholdings.

Historical Stock Returns for Nahar Poly Films

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+2.36%+5.67%-23.09%+18.83%+101.62%

Will other listed companies follow Nahar Poly Films' proactive approach to prevent IEPF transfers, potentially setting a new industry standard?

How might the success rate of the Saksham Niveshak campaign influence SEBI's future regulatory framework for unclaimed dividend management?

Could the special window for physical share transfers accelerate the overall dematerialization trend across Indian capital markets?

More News on Nahar Poly Films

1 Year Returns:+18.83%