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Incorporated in 2013, Akshar Spintex Ltddoes manufacturing and trading of spuncotton yarn
Akshar Spintex Limited has informed the Exchange regarding submission of Machine Readable / Legible Copy of Financial Results for the period ended June 30, 2026'.
Akshar Spintex reported Q1 profit of ₹0.60 Cr, turning around from a prior loss. Revenue hit ₹29.93 Cr. Auditors highlighted non-payment of some statutory dues and insufficient inventory inspection for their review. Rights issue funds saw no deviation.
Akshar Spintex seeks shareholder approval via postal ballot for Mr. Bhavin Kothiya's five-year independent directorship. It also proposes Mr. Harry Paghdar as Executive Director for five years, with an annual pay of ₹0.12 Cr, citing leadership needs in a volatile cotton industry amidst recent losses.
Akshar Spintex has initiated a Postal Ballot for shareholder votes on key management changes. Here's the breakdown: 1. **Independent Director:** Shareholders are asked to ratify the appointment of Mr. Bhavin Kothiya as an Independent Director. He brings over 4 years of experience as a Quality Inspector in the pharmaceutical sector,...
Akshar Spintex Limited has announced a board meeting where it reviewed the financial results for the quarter ended December 31, 2024. The company reported a total revenue of ₹257.41 crores, reflecting a year-over-year growth of approximately 11.80%. This growth can be attributed to increased demand and successful market expansion strategies....