AGM/EGM25 Sept 2026, 05:01 pm
Nahar Spinning Mills Re-appoints Directors at AGM
AI Summary
Nahar Spinning Mills Ltd announced the re-appointment of M. Dinesh Oswal as Managing Director for five years from January 1, 2027, to December 31, 2031. The shareholders also approved the re-appointment of Dr. Yash Paul Sachdeva and Dr. Anchal Kumar Jain as Independent Directors for a second term of five years, effective August 24, 2027, to August 23, 2032. Additionally, Satish Kumar Sharma's continuation as Non-Executive Director upon attaining 75 years was approved.
Key Highlights
- M. Dinesh Oswal re-appointed as MD for 5 years from Jan 2027.
- Two Independent Directors re-appointed for a second 5-year term.
- Re-appointments approved by shareholders at the 46th AGM.
- Continuation of Non-Executive Director Satish Kumar Sharma approved.
Price Impact
More from NAHARSPING