Nahar Spinning Mills Limited has reported the successful
dematerialisation of equity shares during December 2025, reaffirming its
compliance with regulatory requirements and commitment to transparent corporate
governance. The disclosure was made in accordance with Regulation 74(5) of the
Securities and Exchange Board of India Depositories and Participants
Regulations 2018 and submitted to both BSE and NSE.
The Ludhiana based textile major confirmed that 2,082 equity
shares were dematerialised during the month following due verification of share
certificates, including distinctive and certificate numbers. Post verification,
the physical share certificates were cancelled and replaced by electronic
holdings in the name of the respective depositories, strengthening the
company’s digital securities framework.
Nahar Spinning Mills stated that the total dematerialised
shareholding held through National Securities Depository Limited and Central
Depository Services Limited stood at 35,660,939 equity shares as of early
January 2026. The update reflects continued investor preference for electronic
holding of securities and aligns with broader market trends favouring
efficiency, safety, and faster settlement cycles.
The company, one of India’s established spinning and textile
producers, continues to focus on regulatory compliance, operational stability,
and investor confidence. India’s textile sector remains a key contributor to
manufacturing output, employing over 45 million people directly, while listed
textile companies increasingly strengthen governance practices to support long
term growth and capital market credibility.
The Ludhiana based textile major confirmed that 2,082 equity shares were dematerialised during the month following due verification of share certificates, including distinctive and certificate numbers. Post verification, the physical share certificates were cancelled and replaced by electronic holdings in the name of the respective depositories, strengthening the company’s digital securities framework.
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