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Corporate Governance5 Aug 2026, 04:50 pm

Nahar Spinning Mills Proposes Re-appointment of Directors

AI Summary

Nahar Spinning Mills Ltd has announced its board's decision to propose the re-appointment of Mr. Dinesh Oswal as Managing Director for a further five-year term starting January 1, 2027. Additionally, Dr. Yash Paul Sachdeva and Dr. Anchal Kumar Jain are proposed for re-appointment as Independent Directors for a second five-year term commencing August 24, 2027. These re-appointments are subject to shareholder approval at the upcoming Annual General Meeting. The filing details the profiles and terms of the proposed re-appointments as per SEBI regulations.

Key Highlights

  • Re-appointment of Dinesh Oswal as MD proposed for 5 years from Jan 1, 2027.
  • Independent Directors Yash Paul Sachdeva & Anchal Kumar Jain proposed for 5 years.
  • Re-appointments are subject to shareholder approval at the AGM.
  • Details provided as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.