Nahar Spinning Mills Announces Final Dividend for FY26
Nahar Spinning Mills Limited (NSE: NAHARSPING) has informed the stock exchange that its Board of Directors, at a meeting held on May 28, 2026, recommended a final dividend of Re. 1 per equity share for the financial year 2025-26. The announcement was made through a corporate filing on the NSE platform.
Dividend Details
The recommended dividend of Re. 1 per share is subject to approval by shareholders at the upcoming Annual General Meeting. Once approved, the dividend will be paid to eligible shareholders as of the record date, which will be announced separately.
- Dividend Amount: Re. 1 per equity share
- Type: Final Dividend for FY2025-26
- Board Meeting Date: May 28, 2026
- Status: Recommended, subject to shareholder approval
About Nahar Spinning Mills
Nahar Spinning Mills is a part of the Nahar Group, one of India's leading textile manufacturers. The company is engaged in the production of yarn, fabrics, and garments. It operates spinning mills with a significant installed capacity and exports to markets across the globe. The stock is listed on the National Stock Exchange under the symbol NAHARSPING.
What This Means for Shareholders
For shareholders of Nahar Spinning Mills, the proposed final dividend of Re. 1 per share adds to the total dividend payout for the year. Investors should note that the dividend is subject to approval and the company will announce the record date and payment schedule in due course. The dividend yield will depend on the prevailing market price of the stock.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult their financial advisor before making any investment decisions.