Latest news about Akshar Spintex
Akshar Spintex
0.41
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M-2.38%
6M-8.89%
1Y-31.67%
5Y-90.19%
More news about Akshar Spintex
22May 26
Akshar Spintex pays ₹4.71 lakh penalty for SEBI non-compliance
Akshar Spintex voluntarily paid a penalty of ₹4,71,960 to BSE for violating SEBI LODR regulations related to board composition and compliance officer appointment. The total fine including GST was ₹5,15,660, reduced by TDS of ₹43,700. The payment was made on May 13, 2026, via NEFT without formal instruction from the exchange.
14May 26
Akshar Spintex Schedules Board Meeting on May 21, 2026 to Approve FY26 Audited Financial Results
Akshar Spintex Limited has intimated stock exchanges of a Board of Directors meeting to be held on May 21, 2026, at its registered office in Jamnagar, Gujarat. The meeting is being convened under Regulation 29 of SEBI (LODR) Regulations, 2015. The primary agenda is to consider and approve the audited standalone financial results, along with the auditor's report, for the quarter, half year, and year ended March 31, 2026. The intimation was signed by Chairman Cum Wholetime Director Harikrishna Shamjibhai Chauhan on May 14, 2026.
08Apr 26
Akshar Spintex Limited Submits Q4 FY26 Compliance Certificate Under SEBI Depositories Regulations
Akshar Spintex Limited submitted its Q4 FY26 compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company's registrar, Big Share Services Private Limited, confirmed that the regulation is not applicable as all shares are held in demat form with no rematerialisation or dematerialization requests received during the quarter.
21Feb 26
Akshar Spintex Limited Appoints Two New Directors Through Postal Ballot Process
Akshar Spintex Limited appointed two new directors through postal ballot concluded on February 18, 2026. Mr. Bhavin Jayantibhai Kothiya was appointed as Non-Executive Independent Director (5-year term: November 2025-November 2030) and Mr. Harry Paghdar as Executive Director (5-year term: February 2026-February 2031). Results were declared on February 20, 2026, with both resolutions passed with requisite majority, strengthening the board with industry-relevant expertise.
19Jan 26
Akshar Spintex Limited Board Approves Postal Ballot Notice for Director Appointments
Akshar Spintex Limited's board meeting on January 19, 2026, approved a comprehensive postal ballot notice for three special resolutions including ratification of Mr. Bhavin Jayantibhai Kothiya as Non-Executive Independent Director and re-seeking approval for Mr. Harry Paghadar's appointment as Executive Director with ₹12.00 lakh annual remuneration. The e-voting process will be conducted by Bigshare Services from January 20 to February 18, 2026.
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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