Latest news about Akshar Spintex
Akshar Spintex
0.49
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M+4.26%
6M-12.50%
1Y-18.33%
5Y-92.22%
More news about Akshar Spintex
07Nov 25
Akshar Spintex Reports Widened Losses in Q2 FY2026 Amid Revenue Decline
Akshar Spintex Limited reported a significant increase in net loss for Q2 FY2026, with losses widening to Rs 332.79 lakhs from Rs 95.65 lakhs in Q2 FY2025, a 247.92% increase. Revenue from operations declined by 3.67% to Rs 2,234.18 lakhs. The company's auditor raised concerns about the lack of physical verification of fixed assets and inventory inspection. Half-year performance showed increased revenue but higher losses compared to the previous year.
18Oct 25
Akshar Spintex Limited Appoints Namrata Jagdishbhai Seta as Company Secretary and Compliance Officer
Akshar Spintex Limited has appointed Miss Namrata Jagdishbhai Seta as the new Company Secretary and Compliance Officer, effective October 18, 2025. Miss Seta, with over 9 years of experience and expertise in Corporate Laws, Corporate Governance, and SEBI-related matters, will also serve as a Key Managerial Personnel. The appointment, recommended by the Nomination and Remuneration Committee and approved by the Board of Directors, complies with regulatory requirements including Section 203 of the Companies Act, 2013 and SEBI regulations.
27Aug 25
Akshar Spintex Shareholders Reject Appointments of Managing Director and Independent Director
At Akshar Spintex Limited's AGM on August 25, 2025, shareholders voted against the appointments of Harry Dineshbhai Paghdar as Managing Director and Sureshkumar C. Gajera as Independent Director. Both were initially appointed as Additional Directors by the Board on May 21, 2025. The company will continue to evaluate candidates for these positions and keep stock exchanges informed of developments. This outcome demonstrates active shareholder participation in the company's corporate governance.
01Aug 25
Akshar Spintex Board Approves Annual Report, Director Appointments, and Schedules 12th AGM
Akshar Spintex Limited's Board of Directors has approved the annual report for FY 2024-25 and made key recommendations for the upcoming AGM. The Board proposed reappointments of directors, including Harikrushna Samjibhai Chauhan and Parsottambhai Vasoya, and regularization of Harry Paghdar as Managing Director. D N Vora and Associates were appointed as Secretarial Auditors for five years. The 12th AGM is scheduled for August 25, 2025, via video conferencing, with remote e-voting available from August 22-24. Additional actions include approval of Cost Auditors' remuneration and appointment of CS Piyush Jethva as e-voting scrutinizer.
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