Nahar Industrial Enterprises Ltd

AGM Details

• AGM held 29-09-2026, 11:45 AM–12:10 PM, via Video Conferencing (VC/OAVM).

Resolutions Proposed

• Ordinary: Adopt standalone and consolidated financial statements for year ended 31 March 2026.
• Ordinary: Reappoint Dinesh Gogna as Director on rotation.
• Ordinary: Reappoint Navdeep Sharma as Director on rotation.
• Ordinary: Reappoint Nevdeep Serine as Director on rotation.
• Special: Approve minimum MD remuneration in no-profit scenario; related-party votes excluded.
• Special: Approve sale of obsolete machinery and development of land at Arham Spinning Mills.
• Special: Approve loans/guarantees/security under Section 185.
• Special: Amend object clause of Memorandum of Association.

Voting Results

• Resolution 1 passed; overwhelming support with minor opposition.
• Resolutions 2, 3, and 4 passed; near-unanimous support.
• Resolution 5 passed; MD remuneration treated as related-party; related votes excluded.
• Resolution 6 passed; sale of obsolete machinery and land development approved.
• Resolution 7 passed; loans/guarantees under Section 185 approved.
• Resolution 8 passed; MOA object clause amended.

Dividend

• No dividend proposed or declared.

Director Changes

• Directors Dinesh Gogna, Navdeep Sharma, and Nevdeep Serine were retired by rotation and reappointed.

Auditor Arrangements

• Cost Auditor remuneration for FY 2026-27 approved (Khushwinder Kumar & Associates).

Related Party Transactions

• Remuneration to MD Kamal Oswal treated as related-party; his votes excluded from tally.

Other Approvals

• Amendment to object clause of Memorandum of Association approved.

AGM Details

• Date: 29 September 2026; Time: 11:45 AM to 12:10 PM; Mode: VC/OAVM.
• Remote e-voting window: 26–28 September 2026; E-voting unblocked 29 September 2026 at 12:40 PM.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY ended 31 March 2026 (Ordinary).
• Reappointment of Dinesh Gogna as director (retiring by rotation).
• Reappointment of Navdeep Sharma as director (retiring by rotation).
• Remuneration of Cost Auditor for FY 2026-27 (Ordinary).
• Minimum MD remuneration to Kamal Oswal in case of no profits (Special).
• Sale of obsolete machineries and land development at Arham Spinning Mills (Special).
• Approval for loans/guarantees/security under Section 185 (Special).
• Amend object clause of Memorandum of Association (Special).

Voting Results

• Resolution 1: Passed; adoption of financial statements approved.
• Resolution 2: Passed; Dinesh Gogna reappointed.
• Resolution 3: Passed; Navdeep Sharma reappointed.
• Resolution 4: Passed; Cost Auditor remuneration approved.
• Resolution 5: Passed; MD Kamal Oswal remuneration with votes excluded.
• Resolution 6: Passed; sale of obsolete machineries/land approved.
• Resolution 7: Passed; loans/guarantees under Section 185 approved.
• Resolution 8: Passed; MOA object clause amendment approved.

Director Changes

• Dinesh Gogna reappointed as director (rotating).
• Navdeep Sharma reappointed as director (rotating).
• Nevdeep Serine reappointed as director (rotating).

Auditors

• Cost Auditor remuneration for FY 2026-27 approved.

Material Related Party Transactions

• Remuneration to Kamal Oswal treated as related party; voting excluded.

Other Material Approvals

• Sale of obsolete machinery and land development approved.
• Loans/guarantees under Section 185 approved.
• Amendment in MOA object clause approved.

AGM Details

• Date and time: 29 September 2026 at 11:45 A.M.; mode: VC/OAVM.
• Record date: 22 September 2026.
• Remote e-voting window: 26-28 September 2026.

Key Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Dinesh Gogna by rotation (DIN 00498670).
• Ordinary: Re-appointment of Navdeep Sharma by rotation (DIN 00454285).
• Ordinary: Remuneration of cost auditor for 2026-27.
• Special: Minimum remuneration to Kamal Oswal, MD, in no-profit scenario.
• Special: Approval to sell obsolete machineries and develop land at Arham Spinning Mills.
• Special: Approve loans/guarantees to related parties under section 185.
• Special: Amend object clause of Memorandum of Association.

Voting Results

• Resolution 1: Adoption of financial statements — Passed.
• Resolution 2: Re-appointment of Dinesh Gogna — Passed.
• Resolution 3: Re-appointment of Navdeep Sharma — Passed.
• Resolution 4: Remuneration of cost auditor — Passed.
• Resolution 5: MD remuneration in no-profit scenario — Passed.
• Resolution 6: Sale of obsolete machineries and land development — Passed.
• Resolution 7: Loans/guarantees to related parties — Passed.
• Resolution 8: Amend object clause of Memorandum of Association — Passed.

Other Material Details

• All resolutions passed with requisite majority.

Director re-appointments by rotation

• Dinesh Gogna (DIN 00498670), NED, re-appointed after rotation at AGM 29 Sept 2026; shareholders approved; not debarred.
• Navdeep Sharma (DIN 00454285), NED, re-appointed after rotation at AGM 29 Sept 2026; shareholders approved; not debarred.

Nahar Industrial Enterprises Ltd-$ – Trading Window Closure

Rating details

• Total bank loan facilities rated: Rs 1100 crore.
• Long-term rating: Crisil A-/Stable.
• Short-term rating: Crisil A2+.
• Rating validity: letter valid till March 31, 2027.
• Ratings kept under continuous surveillance and review.
• Bank-wise facility details provided in Annexure 1.

Key dates

• Book closure from 23 September 2026 to 29 September 2026, inclusive.
• Book closure for AGM purposes.
• Cut-off date for voting entitlement: 22 September 2026.
• AGM scheduled for 29 September 2026 at 11:45 AM.
• Security affected: equity shares.
• E-voting period: 26 September 2026, 9:00 AM to 28 September 2026, 5:00 AM.

AGM & AR release

• 42nd AGM on Sept 29, 2026 at 11:45 AM via VC/OAVM.
• Annual Report FY2025-26 available for download on the company website.
• Notice and AR downloadable via provided links/QR code.

E-voting window and entitlement

• Cut-off date for voting entitlement fixed at 22.09.2026.
• E-voting period from 9:00 AM on 26 Sept 2026 to 5:00 PM on 28 Sept 2026.
• Members attending AGM may vote on resolutions not cast earlier.

KYC, demat and shareholding updates

• SEBI circular mandates updating PAN, KYC, Nomination for physical holders.
• Demat trading mandatory; convert physical holdings to demat.
• Shareholders to update KYC with DP/RTA per format on company site.
• A letter with web-link containing AR details has been dispatched to shareholders.