Nahar Spinning Mills Ltd. has filed its monthly dematerialization report for March 2026 with the stock exchanges, fulfilling its regulatory obligations under SEBI Depositories Regulations. The Ludhiana-based textile company submitted the report on April 2, 2026, providing comprehensive details of share dematerialization activities during the month.

Regulatory Compliance and Filing Details

The report was filed pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Under this regulation, listed companies are required to inform all stock exchanges where their shares are traded about the dematerialization of their securities on a monthly basis.

The filing was made to both major Indian stock exchanges where the company's shares are listed:

March 2026 Dematerialization Summary

During March 2026, a total of 1,841 equity shares were dematerialized across both depositories. The dematerialization process involved the cancellation of physical share certificates and their substitution with electronic records in the company's books, with the respective depositories registered as owners.

Detailed Transaction Breakdown

The CDSL dematerialization included four separate transactions ranging from 55.00 to 202.00 shares, processed between March 5 and March 30, 2026. The largest single transaction involved 202.00 shares from certificate number 11645.

For NSDL, twelve transactions were processed throughout March 2026, with individual transactions ranging from 27.00 to 359.00 shares. The largest transaction involved 359.00 shares from certificate number 6304, processed on March 17, 2026.

Current Depository Holdings

Following the March 2026 dematerialization activities, the combined holding of both National Securities Depository Ltd. (NSDL) and Central Depository Services Ltd. (CDSL) reached 35,667,873 equity shares. This figure represents the total electronic holdings maintained by both depositories in the company's records.

Corporate Information

The report was certified by Brij Sharma, Company Secretary and Compliance Officer (Membership No. F2458), and digitally signed on April 2, 2026. The company maintains its registered and corporate office at 373, Industrial Area-A, Ludhiana - 141003, with additional operations from its Gurugram office.

Nahar spinning mills Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing challenging operational performance with significant quarterly losses despite some improvement in nine-month figures.

Financial Performance Overview

The textile company reported a net loss of ₹1291.63 lakhs for Q3FY26, marking a substantial decline from the profit of ₹75.50 lakhs recorded in Q3FY25. This represents a significant deterioration in quarterly performance, reflecting the challenging market conditions faced by the company.

Revenue and Operational Metrics

Revenue from operations declined by 13.48% year-on-year to ₹70255.82 lakhs in Q3FY26 from ₹81216.59 lakhs in Q3FY25. Other income decreased to ₹409.85 lakhs from ₹348.32 lakhs in the corresponding quarter of the previous year. Total income from operations stood at ₹70665.67 lakhs compared to ₹81564.91 lakhs in Q3FY25.

Cost Structure Analysis

The company's total expenses amounted to ₹72349.56 lakhs in Q3FY26 compared to ₹81304.41 lakhs in Q3FY25. Key expense components included cost of materials consumed at ₹49737.98 lakhs, employee benefits expense of ₹8097.79 lakhs, and power & fuel costs of ₹7407.21 lakhs.

Nine-Month Performance

For the nine months ended December 31, 2025, the company showed improvement compared to the previous year. The net loss narrowed to ₹159.79 lakhs from ₹1006.12 lakhs in the corresponding nine-month period of FY25. Revenue from operations for nine months declined to ₹230110.73 lakhs from ₹240896.26 lakhs in the previous year.

Other Comprehensive Income and Total Performance

The company reported other comprehensive income of ₹1642.79 lakhs for the nine-month period, resulting in total comprehensive income of ₹1483.00 lakhs compared to ₹2119.42 lakhs in the previous year. For Q3FY26, other comprehensive loss stood at ₹2136.54 lakhs, leading to total comprehensive loss of ₹3428.17 lakhs.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 7, 2026. The results have been subjected to limited review by M/s. Gupta Vigg & Co., Chartered Accountants, Ludhiana. The company operates in a single segment of textiles and maintains a paid-up equity share capital of ₹1803.27 lakhs with a face value of ₹5.00 per share.