Nahar Spinning Mills Limited has fixed September 4, 2026, as the record date for the payment of a dividend of ₹1.00 per equity share of ₹5 each. The declaration applies to the financial year ended March 31, 2026, and determines eligibility for shareholders who wish to receive the payout. Investors holding shares on or before the close of business on September 4 will be entitled to the dividend, provided it receives final ratification at the company’s 46th Annual General Meeting (AGM). This move ensures that eligible members are identified clearly before the distribution process begins, offering transparency to stakeholders regarding their entitlements.

The Board of Directors recommended the dividend, which remains subject to shareholder approval at the AGM. To facilitate the accurate identification of beneficiaries, the Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 9, 2026, both days inclusive. During this book closure period, no transfer of shares will be registered, ensuring that the list of shareholders remains static for the purpose of dividend disbursement. The company emphasized that payments will be made to those whose names appear in the Register of Members or the Register of Beneficial Owners maintained by depositories as of the close of business on September 4.

In compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Nahar Spinning Mills is enabling remote e-voting for its shareholders. The remote e-voting window will open on September 22, 2026, at 9:00 am and close on September 24, 2026, at 5:00 pm. To determine voting eligibility, the company has set September 18, 2026, as the cut-off date. Shareholders holding units on this date will be able to cast their votes electronically on the resolutions proposed, including the dividend approval.

Central Depository Services (India) Limited (CDSL) has been engaged to conduct the AGM via Video Conferencing or Other Audio-Visual Means (VC/OAVM) and to provide the e-voting facility. This arrangement aligns with regulatory requirements aimed at enhancing shareholder participation and transparency in corporate governance processes. The integration of CDSL’s platform ensures a secure and accessible voting mechanism for all eligible investors.

Key Dates for Shareholders

Regulatory Compliance

The announcement was made pursuant to Section 91 of the Companies Act, 2013, and Regulation 42 of the SEBI (LODR) Regulations, 2015. These regulations mandate timely disclosure of record dates and dividend details to ensure fair access to information for all market participants. By adhering to these norms, Nahar Spinning Mills reinforces its commitment to statutory compliance and investor protection. The company secretary, Brij Sharma, signed off on the communication, underscoring the formal nature of the disclosure.

What This Means for Investors

For retail and institutional investors, the fixed record date provides a clear timeline for decision-making. Those intending to sell their holdings should note that transactions executed after September 4 will not qualify for the current dividend cycle. Conversely, buyers acquiring shares before the cut-off may benefit from the upcoming payout if approved. The separation of the dividend record date and the e-voting cut-off date allows for distinct administrative processes, reducing operational overlap and potential errors in beneficiary identification.

Nahar Spinning Mills reported a sharp recovery in profitability for the quarter ended June 30, 2026, with net profit from continuing operations surging 338% year-on-year to ₹69.88 lakh (699M rupees). The Ludhiana-based textile manufacturer also saw revenue from operations rise 18% to ₹966.10 lakh (9.66B rupees), driven by stronger operational performance compared to the same period in the previous year. This marks a notable improvement from the ₹15.96 lakh net profit recorded in Q1FY26.

The Board of Directors approved the standalone un-audited financial results during a meeting held on August 5, 2026. The results were reviewed by M/s. Gupta Vigg & Co., Chartered Accountants, Ludhiana, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In addition to the financial results, the Board approved the re-appointment of Dinesh Oswal as Managing Director for five years effective January 1, 2027, subject to shareholder approval. The Board also approved the re-appointment of Dr. Yash Paul Sachdeva and Dr. Anchal Kumar Jain as Independent Directors for a second term of five years effective August 24, 2027.

Financial Performance

Revenue from operations grew to ₹966.10 lakh in Q1FY27, up from ₹819.28 lakh in the corresponding quarter of the previous year. Other income also saw a substantial increase, rising to ₹9.42 lakh from ₹3.68 lakh. Total income from operations stood at ₹975.52 lakh, compared to ₹822.96 lakh in Q1FY26. The following table summarises the key financial metrics for the quarter:

Total expenses increased by 10% to ₹882.13 lakh, primarily due to higher cost of materials consumed and power & fuel costs. Cost of materials consumed rose to ₹549.27 lakh from ₹548.26 lakh, while power and fuel expenses increased to ₹79.20 lakh from ₹73.62 lakh. Despite the rise in expenses, the company managed to improve its bottom line significantly.

EBITDA and Margin Expansion

Latest data reveals a significant improvement in operating profitability, with EBITDA more than doubling year-on-year. The EBITDA margin expanded sharply, reflecting improved operational efficiency and better cost management during the quarter. The table below highlights the EBITDA performance:

The most striking aspect of the quarterly performance is the divergence between expense growth and profit growth. While total expenses rose by only 10%, net profit more than quadrupled. The profit before tax jumped from ₹21.28 lakh to ₹93.39 lakh, suggesting that the company successfully passed on input cost increases or benefited from a favorable product mix. The tax expense was ₹23.50 lakh, reflecting the higher taxable income.

Corporate Actions

The company announced that its 46th Annual General Meeting will be held on September 25, 2026, at 10:00 am through Video Conferencing/Other Audio Visual Means. The Register of Members and Share Transfer Books will remain closed from September 5, 2026, to September 9, 2026. The record date for dividend payment on Equity Shares for the financial year ended March 31, 2026, has been fixed as September 4, 2026. Shareholders holding shares on this date will be eligible for the dividend.