Nitin Spinners (NITINSPIN) — Annual Report

📢 Key Event
Nitin Spinners Limited announces 34th AGM on 21 September 2026 for financial statement approval, dividend declaration, and director reappointments.

🔄 What Changed
Final dividend declared at Rs 3 per share; Independent Director reappointed for second term; cost auditor remuneration of Rs 1,00,000 plus taxes to be ratified.

🔮 What's Next
The company targets nearly 97 MW of renewable energy capacity by FY2026-27 with Rs 230 Crores allocated for renewable power projects and aims for 50% green energy mix.

💡 Investor Takeaway
Shareholders will vote on key governance items and dividend, while the company advances its renewable energy strategy and capacity expansion.

Nitin Spinners Limited announced its 34th AGM on 21 September 2026 via video conference, where shareholders will approve the adoption of FY 2025-26 audited financial statements, declare a final dividend of Rs 3 per share, and re-appoint directors including Independent Director Rohit Swadheen Mehta for a second term until 2031. The notice details voting procedures, e-voting via CDSL/NSDL, dividend claim deadlines, and compliance requirements. The filing also includes disclosures on renewable energy expansion, FY2025-26 financial performance with revenue of ₹3,213.87 Crores, EBITDA of [amount context mismatch] Crores, and PAT of [amount context mismatch] Crores, alongside strategic capex plans and ESG commitments.

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About Nitin Spinners Limited (NITINSPIN)

Textiles · Textiles · Listed on NSE

Market Cap: ₹3,621.69 Cr P/E: 17.1 ROE: 16.2% ROCE: 14.3% Div Yield: 0.47%

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🔥 Also filed on 25 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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