Nandan Denim Limited

Nandan Denim Ltd announced the re-appointment of Mr. Jyotiprasad Devkinandan Chiripal as Managing Director for a further period of 5 years, effective from June 1, 2027, to May 31, 2032. This decision is subject to shareholder approval. The Board of Directors also approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Mr. Chiripal, a commerce graduate with over 40 years of business experience, has been instrumental in the company's growth since joining as MD in 2017. He is also the father of the current CEO, Mr. Deepak Chiripal.

Nandan Denim Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the re-appointment of Mr. Jyotiprasad Devkinandan Chiripal as Managing Director for a further period of 5 years, effective from June 1, 2027, subject to shareholder approval. Mr. Chiripal, with over 40 years of experience, has been instrumental in the company's growth and governance.

Nandan Denim Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the re-appointment of Mr. Jyotiprasad Devkinandan Chiripal as Managing Director for a further period of 5 years, effective June 1, 2027, subject to shareholder approval. Mr. Chiripal, a Commerce graduate with over 40 years of experience, has been instrumental in the company's growth and governance.

Nandan Denim Limited has acquired 40,02,096 equity shares, representing 6.1% of the total equity, in M/s. Opera Vayu (Narmada) Private Limited (SPV) for a total consideration of ₹4,00,20,960. This acquisition is part of an agreement for purchasing wind and solar power under the applicable captive power route. The SPV is a Special Purpose Vehicle, and Shivman Wind Energy Private Limited is identified as the Promoter and Project Implementer. This move aligns with Nandan Denim's strategy to secure renewable energy sources for its operations.

Nandan Denim Ltd has disclosed that its promoter group, Mr. Vedprakash Devkinandan Chiripal, received a final order from the Securities and Exchange Board of India (SEBI). The order, dated June 30, 2026, imposes a monetary penalty of ₹5,00,000 and a four-year ban from the securities market. This action stems from violations under Sections 11(1), 11(4), 11(4A), and 11B of the SEBI Act, 1992. The company believes this order will not have a material financial or operational impact. The promoter group reserves the right to appeal the SEBI order.

Nandan Denim Ltd has informed that Mr. Vedprakash Devkinandan Chiripal, a member of the promoter group, has received a final order from the Securities and Exchange Board of India (SEBI). The order, dated June 30, 2026, imposes a monetary penalty of ₹5,00,000 and a four-year ban from the securities market. This action is taken under various sections of the SEBI Act, 1992. The company believes this order will not have a material financial or operational impact. The promoter group reserves the right to appeal the SEBI order.

Nandan Denim Ltd has announced the closure of its trading window for designated persons, connected persons, and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut from July 01, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

The Board of Directors of 532641, in a meeting held on May 28, 2026, approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The results were accompanied by an Auditor’s Report with an Unmodified Opinion from the Statutory Auditors. Additionally, based on the Audit Committee's recommendation, the Board approved the re-appointment of M/s. Talati & Talati LLP as Internal Auditor and M/s A.G. Tulsian & Co. as Cost Auditors for the Financial Year 2026-27.

The Board of Directors of 532641 held a meeting on May 28, 2026, where they approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The results were accompanied by an Auditor’s Report with an Unmodified Opinion. Additionally, the Board, acting on the Audit Committee's recommendation, approved the re-appointment of M/s. Talati & Talati LLP as the Internal Auditor and M/s A.G. Tulsian & Co. as the Cost Auditors for the Financial Year 2026-27.

Nandan Denim Limited's Board of Directors, in a meeting held on May 28, 2026, approved the Audited Standalone Financial Results for the quarter and year ended March 31, 2026. The results were accompanied by an Auditor’s Report with an Unmodified Opinion from the Statutory Auditors. Additionally, the Board, based on the Audit Committee's recommendation, approved the re-appointment of M/s. Talati & Talati LLP as Internal Auditor and M/s A.G. Tulsian & Co. as Cost Auditors for the Financial Year 2026-27.