ALPHA TRIBE

Nahar Spinning Mills LimitedBoard Meeting, 31-07-2025: Outcome of Board Meeting

31-07-2025 | 04:02 pm

Nahar Spinning Mills' board has approved the quarterly financial results. For Q1FY26, the company reported a profit of ₹15.96 Cr. The board greenlit a substantial ₹350 Cr capital expenditure plan: ₹325 Cr for modernizing spinning units and ₹25 Cr for an 11 MW solar power system for internal use. This investment signals a push towards efficiency and sustainable energy. Additionally, the 45th Annual General Meeting is set for September 25, with September 5 fixed as the record date for the FY25 dividend.

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