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.

Nitin Spinners has fixed September 14, 2026 as the record date for its ₹3.00 per share final dividend for FY26. The company will also use this date to determine e-voting entitlements for its upcoming Annual General Meeting.

The 34th AGM is scheduled for September 21, 2026, at 3:00 pm IST via video conference or other audio-visual means. Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from September 15, 2026, to September 21, 2026, inclusive.

Key Agenda Items

Shareholders will transact both ordinary and special business during the meeting. The primary financial item involves the adoption of audited financial statements for the fiscal year ended March 31, 2026. The Board also seeks approval for the final dividend payout.

The proposal includes a final dividend of ₹3.00 per equity share for FY26. Additionally, shareholders will vote on the re-appointment of Dinesh Nolkha as a director liable to retire by rotation.

Governance Changes

The special business agenda features the re-appointment of Rohit Swadheen Mehta as an independent director. Mehta, who completed his first five-year term ending December 29, 2026, is eligible for a second consecutive term.

If approved by shareholders, Mehta’s new tenure will commence on December 30, 2026, and extend until December 29, 2031. The Nomination and Remuneration Committee recommended his re-appointment, citing compliance with Section 149(6) of the Companies Act, 2013, and independence criteria under Listing Regulations.

Voting and Access

Registered shareholders will receive the AGM notice and Annual Report via email. Those without registered email IDs will receive physical letters containing web links and QR codes to access the documents electronically. The Annual Report is also available on the company’s website, as well as on the websites of CDSL, BSE, and NSE.

Voting will be conducted through e-voting mechanisms. Details regarding attendance via VC/OAVM are outlined in the official notice.