Nitin Spinners concluded its 34th annual general meeting on September 21, 2026. The virtual meeting saw shareholders approve a final dividend of ₹3 per equity share for the fiscal year ended March 31, 2026.

Chairman and Managing Director Dinesh Nolkha presided over the proceedings, which lasted from 3 pm to 3:30 pm. Fifty-five members attended the session via video conference or other audio-visual means. The quorum was established in accordance with the Companies Act, 2013.

Governance and Appointments

Shareholders approved the re-appointment of Dinesh Nolkha as a director liable to retire by rotation. Additionally, the house passed a special resolution to re-appoint Rohit Swadheen Mehta as an independent director for a second term. His tenure runs from December 30, 2026, to December 29, 2031.

The company also ratified the remuneration of its cost auditors for the financial year 2026-27 through an ordinary resolution.

Voting and Compliance

The company utilized the Central Depository Services (India) Limited platform for remote e-voting. The voting window opened on September 17, 2026, at 9 am and closed on September 20, 2026, at 5 pm. Shareholders present at the virtual AGM who had not voted remotely could cast their votes during the meeting.

Manoj Maheshwari, practicing company secretary and partner at V.M. & Associates, served as the scrutinizer. He confirmed that the voting process was conducted fairly and transparently. The combined results of remote and live e-voting were scheduled for declaration within two working days.

Financial Overview

The audited financial statements for FY26, along with the directors’ and auditors’ reports, were taken as read with shareholder concurrence. Both the statutory auditor’s report and the secretarial audit report contained no qualifications, observations, or adverse remarks.

Nitin Spinners Ltd received a CRISIL ESG 59 rating from CRISIL ESG Ratings & Analytics Limited on September 17, 2026. The rating agency assigned the company an 'Adequate' rating category. This disclosure comes under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

The textile manufacturer notified the BSE and NSE regarding the rating update. CRISIL is a SEBI-registered Category-1 ESG Rating Provider. The company confirmed receipt of the rating via intimation from BSE Limited, noting that CRISIL had suo moto carried out the overall ESG rating.

Rating Details

Sudhir Kumar Garg, Company Secretary and Vice President (Legal), signed the disclosure letter dated September 17, 2026. The full rating details are available on the CRISIL website and on the company's website under the Investor Relations section.

Regulatory Context

The disclosure was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nitin Spinners operates its registered office and plant in Bhilwara, Rajasthan.