Shareholders Information

 
1. Procedure for issuance of duplicate share certificate :
The procedure for issue of duplicate share-certificates in lieu of lost/misplaced share-certificates is as stated below:

1. Indemnity bond duly executed on stamp paper worth Rs. 100/- (Indemnity Bond Format).
2. Demand Draft of Rs. 700/- each in favour of NAHAR SPINNING MILLS LTD. payable at Ludhiana, for the purpose of publication of Notice in Newspaper.
3. A copy of the DDR/FIR lodged with the Police Station regarding loss of subject shares with full details i.e. Folio No., Distinctive No., Share certificate No. and No. of Shares.
4. Self-attested copy of PAN Card issued by the Income Tax Authorities to you.
Indemnity Format
   
2. Green Initiative :- The Ministry of Corporate Affairs vide Circular No. 17/2011 dated 21.04.2011 and Circular No. 18/2011 dated 29.04.2011 has taken a “Green Initiative in the Corporate Governance” by allowing paperless compliances by the companies. The Companies can now send various notices and documents, including Annual Report, to its shareholders via electronic mode to the registered e- mail addresses of shareholders. To support this green initiative of the Government in full measure, shareholders are requested to register/update their latest e-mail addresses with their Depository Participant (D.P.) with whom they are having Demat A/c. or send the same to the Company via e-mail at:-

secnsm@owmahar.com
gredressalnsml@owmnahar.com


3. Annual General Meeting: September 26, 2017
  Date, Day, Time, and Venue: Tuesday at 11.00 AM
Premises of Nahar Industrial Enterprise Limited, Focal Point, Ludhiana.
   
4. Financial Calendar: The Financial Year of the company covers 1st April to 31st March.
   
5. Book Closure: : 2nd September, 2017 to 9th September, 2017 (both days inclusive).
Published Notice :
English
                            Punjabi
   
6. Dividend Payment:
 
A) Payment Date: 
  a) ECS Payment: Dividend amount shall be credited to shareholder's account through ECS on or before 9th October, 2017.

b) Physical Warrant: The Physical Dividend Warrants shall be Despatched to the shareholders.
 
B) Mode of payment of dividend:
  The Company Provide the facility of paying dividend through Electronic Clearing System (ECS). The members desirous of availing the Facility of electronic credit of dividend are requested to ensure that their correct bank details along with 9 digit MICR code of their bank, is noted in the records of the Depository participant (DP), Member Who hold shares in Physical from, Should contact the R&T agent or the Company in this regard.
In order to prevent fraudulent encashment of dividend warrants, member are requested to provide their correct bank account details, to their DP in case of electronic holding, and R&T Agent or the company in case of physical holding.
 
C) Unclaimed/Unpaid Dividend:
  All Unclaimed/Unpaid Dividend up to The financial year ended March 31,2009 have been transferred to the Investor Education and Protection Fund of the Central Government pursuant to section 124 of the Companies Act, 2013.
Further the dividend for the financial year ended 31st March, 2010 will be transferred to the said fund in November, 2017, all the members. Who have not encased their dividend warrants for the aforesaid year may approach the company for obtaining duplicate dividend warrants/revalidation of dividend warrants.
   
D) Dividend:
  The dividend on equity shares as recommended by the board of directors, if approved at the Annual General Meeting will be paid to the members, whose names appear in Register of Members as on 1st September, 2017 or Register of beneficial owners, maintained by the Depositories at the close of 1st September, 2017.
 
E) E-Voting period:
  The company has executed Tri-party Agreement with Central Depository Services (India) Limited, M/s. Alankit Assignments Limited and the company for the purpose E-Voting. All the shareholders holding shares on the cut off date i.e. 19th September, 2017 are eligible to exercise their right of E-Voting. The E-voting shall commence on 23.09.2017 at 9.00 A.M. Onwards and shall end on 25.09.2017 at 5.00P.M. Mr. P.S. Bathla, a practicing Company Secretary has been appointed as Scrutinizer for the purpose of E-voting.
 
F) Payment of Dividend(2016-2017):
  Dividend @30% i.e. Re.1.50/- per equity share for the financial year 2016-2017 will be credited to the account of eligible shareholders on or before 7th October, 2017 through ECS/RTGS. The physical dividend warrants shall be despatched to the shareholders within the prescribed period under the Act.
 
G) Change of address:
  Member may kindly note that the R&T Agent and /or the Company will not entertain request for noting of change of address/bank details/ECS in case Mandate in case of account with demat holding for this purpose, the shareholders should approach their Depository Participant.
   
7. Listing on Stock Exchanging:
  The National Stock Exchange of India Ltd. and The BSE Ltd. Mumbai
   
8. Board Meeting Information
  During the financial year 2017-18, the Board met twice i.e. on 30th May, 2017 and 12th August, 2017.
   
9. Stock Code:
 
For trading at NSE NAHARSPING
For trading at BSE 500296
For dematerialization INE290A01027
   
10. Registrar and Transfer Agent:
 
M/s. Alankit Assignments Limited
Alankit House, 2E/21,
Jhandewalan Extension,
New Delhi – 110055
Phone: 011-23541234
E-mail: rta@alankit.com
   
11. Shareholder Contact:
 
In case of any query, contact below:
Mr. Brij Sharma
Company Secretary & Compliance Officer
Nahar Spinning Mills Limited
373, Industrial Area- A,
Ludhiana – 141003
Punjab
Phone: 0161-2665000
Fax: 0161-2661180
E-mail: secnsm@owmnahar.com
   
12. Dedicated E-mail for investor Grievance :
 
For investor Grievance gredressalnsml@owmnahar.com
   
13. Credit Rating Information by Crisil
 
CRISIL vide their letter NO. NAHSPIN/150082/BLR/021601563 Dated 22.03.2016 has given CREDIT RATING to the company’s total bank loan facilities of Rs.15.084 Billion as per detail herein below:
 
Long Term Rating CRISIL 'A'/Stable (Reaffirmed)
Short Term Rating CRISIL 'A1' (Reaffirmed)
   
14. Policy for determining material subsidiaries
Not applicable as the Company is not having any subsidiary Company.