Nandan Denim Ltd

Nandan Denim Ltd: Trading Window closed from October 01, 2026 until 48 hours after declaration of Unaudited Financial Results for the quarter and half year ending September 30, 2026

MD Re-appointment

• Re-appointment of Jyotiprasad Devkinandan Chiripal as MD for five years from June 1, 2027 to May 31, 2032.
• Shareholders approved the MD re-appointment at the meeting on September 24, 2026.
• NRC recommendation and Board approval occurred on August 12, 2026.
• DIN 00155695; not debarred from holding office by SEBI or any authority.
• Related party: father of Deepak Chiripal, the Company CEO.

MD re-appointment

• Special resolution approved to re-appoint Jyotiprasad Devkinandan Chiripal as MD for 5 years (2027-06-01 to 2032-05-31).
• Shareholders approved the re-appointment on September 24, 2026.
• Recommendation by Nomination & Remuneration Committee and board approved on August 12, 2026.
• Not debarred from holding office by SEBI or any authority.
• Father of Deepak Chiripal, the Company's CEO.

AGM Details

• Date and mode: 24 Sep 2026 at 3:00 PM via VC/OAVM.
• End time: 3:22 PM; no physical venue.
• Record date: 17 Sep 2026.

Key Resolutions

• Ordinary: Adopt standalone financial statements for year ended 31 Mar 2026.
• Ordinary: Reappoint Jyotiprasad Chiripal as Director by rotation.
• Ordinary: Ratify Cost Auditors’ remuneration for FY2027.
• Ordinary: Approve material related party transactions with Chiripal Industries Limited.
• Special: Re-appoint Jyotiprasad Chiripal as Managing Director.

Voting Results

• Resolution 1 passed with ~99.99% in favour; no material opposition.
• Resolution 2 passed with ~99.94% in favour; minimal dissent.
• Resolution 3 passed with ~99.997% in favour; minimal dissent.
• Resolution 4 passed with ~88.9% in favour; notable opposition (~11.1%).
• Resolution 5 passed with ~99.94% in favour.

Director Changes

• Director by rotation: Jyotiprasad Chiripal reappointed as Director.
• Managing Director: Jyotiprasad Chiripal reappointed as MD.

Auditors & Related Party

• Cost Auditors remuneration ratified for FY2027.
• Material related party transactions with Chiripal Industries Limited approved.

Other Material Approvals

• AGM conducted via VC/OAVM with remote and on-site e-voting.

AGM Details

• AGM held on 24-Sep-2026 at 03:00 PM via VC/OAVM.
• Remote e-voting from Sep 21–23, 2026; voting also at AGM.
• AGM concluded at 03:22 PM IST.

Key Resolutions

• Adopt audited standalone financial statements for FY ended 31 March 2026.
• Reappoint Jyotiprasad Chiripal as Director (retiring by rotation).
• Ratify remuneration of Cost Auditors M/s A.G. Tulsian & Co. for FY2027.
• Approve material related party transactions with Chiripal Industries Limited (Promoter Group).
• Re-appoint Jyotiprasad Chiripal as Managing Director (special resolution).

Voting Status

• Results not disclosed in filing; to be announced within 48 hours.

Auditors

• Cost Auditor remuneration ratified for FY2027.

AGM notice and AR access

• Dispatched letters to shareholders lacking registered emails with AR web link for FY 2025-26.
• AGM scheduled Sept 24, 2026 at 3:00 PM IST via VC/OAVM.
• Notice and Annual Report accessible online via company site, CDSL, BSE, and NSE.
• Shareholders must register/update email via ISR-1 to RTA; demat holders contact their DP.
• ISR-1 forms and documents to be sent to RTA at MIDC Andheri East.

Subject and scope

• BRSR for FY2025-26 submitted as part of the Annual Report; available on company website.

Governance & compliance

• Penalty: Rs 99,120 each to BSE and NSE for LODR non-compliance; paid.
• Board: 7 directors; 1 female (14.29%); KMP: 5, with 1 female (20%).

Energy & emissions

• Group Captive renewable energy plan: wind 4.3 MW and solar 4.64 MW; 14 million annual units.
• Total energy 1,996.09 TJ; Scope 1 187,706 tCO2e; Scope 2 14,407 tCO2e.
• Emissions intensity: 70.38 MT CO2e per crore turnover; PPP-adjusted 1,431.67.

Water & waste

• Groundwater 346,720 KL; total water withdrawal 347,097 KL; water intensity 120.86 per crore turnover.
• Total waste 8,115.65 MT; plastic 14.45 MT; landfilled 18.64 MT; waste intensity 2.826 per crore turnover.

Health & safety

• OHS system applied; LTIFR 0; no fatalities; external EMS audits by GPCB.

Policy & governance framework

• Anti-bribery policy in place; IT Security Policy linked; Equal Opportunity and Human Rights policies published.