Nahar Spinning Mills Announces Final Dividend
Nahar Spinning Mills Limited (NSE: NAHARSPING) has informed the stock exchanges 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 dividend recommendation is subject to approval by shareholders at the company's upcoming Annual General Meeting. Once approved, the dividend will be paid to eligible shareholders within the stipulated timeline.
Dividend Details
The board has proposed a final dividend of Re 1 per equity share. This translates to a dividend yield based on the current market price. The record date for the dividend will be announced in due course.
- Dividend per share: Re 1
- Type: Final dividend for FY26
- Board meeting date: May 28, 2026
- Subject to shareholder approval
About Nahar Spinning Mills
Nahar Spinning Mills is a leading textile manufacturer based in India, engaged in the production of yarn, fabric, and garments. The company is part of the Nahar Group and has a strong presence in domestic and international markets.
The dividend announcement comes as part of the company's routine corporate actions. Investors should note that the final dividend is subject to approval by shareholders at the AGM.
What This Means for Investors
For shareholders of Nahar Spinning Mills, the recommended dividend of Re 1 per share represents a return on investment. The company has a history of rewarding shareholders with regular dividends.
Investors are advised to track the record date and payment date announcements from the company to ensure they are eligible for the dividend.
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. The information is based on the company's exchange filing dated May 28, 2026.