Nitin Spinners logo

Nitin Spinners share news, announcements and annual reports

NSE: NITINSPINBSE: 532698Textiles & ApparelsSmall Cap

Nitin Spinners Limited · Face value ₹10 · Listed Feb 2006
Last close ₹651.20up ₹3.15 (0.49%)BSE ₹650.90

Share price at the NSE close on 30 Oct 2026. Previous close ₹648.05.

30 Oct: open ₹635.40, high ₹660.60, low ₹628.10

52-week range of traded prices to 30 Oct 2026
₹302.20Low, 21 Jan 2026₹667.00High, 16 Oct 2026
Market cap
₹3,661 Cr1,099th largest listed
P/E
13.78
P/B
2.26
Dividend yield
0.46%
ROE
17.8%
ROCE
12.4%
Debt to equity
1.10
Volume, NSE
1,21,03749.5% delivered

Nitin Spinners share news and announcements

534 announcements, routine notices left out, newest first. Page 11 of 11.

  1. Apr 2009

    • 16 Apr · Results

      The Board of Directors shall approve Audited Annual Accounts for the year ended 31st March, 2009. Hence, Un-audited Financial Results for the Quarter ended 31st March, 2009 shall not be published
  2. Feb 2009

    • 23 Feb · Management

      The IDBI Bank Ltd. vide its Letter No. SS-1C9.53/596/Nom.8 dated 07-02-09 has appointed Shri Saumya Sanker Banerjee, General Manager as Nominee Director of our Company in place of Shri B.P. Singh w.e.f. 21-02-2009.
  3. Jan 2009

    • 14 Jan · Board meeting

      Meeting on 31 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  4. Oct 2008

    • 10 Oct · Meeting

      Proceedings of the Annual General Meeting of the Shareholders of the Company held on September 22, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 8 Oct · Board meeting

      Meeting on 20 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  5. Aug 2008

    • 4 Aug · Meeting

      The Register of Members and Share Transfer Books of the Company shall remain closed from 15-09-2008 to 22-09-2008 (both days inclusive) for the purpose of ensuing Annual General Meeting scheduled to be held on Monday, 22th September, 2008.
  6. Jul 2008

    • 30 Jul · Updates

      Vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 30, 2008) that: (1) The Company has recognised losses on Foreign Exchange Derivative contracts on actual realisation basis instead of Fair value method as required by "AS-30 on Financial Instruments: Recognition & Measurement" due to complexities and uncertainties involved in arriving at Fair Value of Derivative contracts whose ultimate outcome depends on the further events. Accordingly, the company has not provided "Mark to Market" Losses of Rs.16.61 crores on pending Foreign Exchange Derivative contracts as on June 30, 2008. (2) Exceptional items represent losses in respect of Foreign Exchange Derivative contracts realised during the period.
    • 17 Jul · Board meeting

      Meeting on 30 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”
  7. Jun 2008

    • 2 Jun · Management

      Auditor's report in respect of the audited financial results for the year ended March 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  8. May 2008

    • 30 May · Audit Qualifications

      Vide notes to Accounts in the audited financial results for the year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May 30, 2008) that: "The Company intends to go for early adoption of "AS- 30 on Financial Instruments: Recognition & Measurements" as issued by the ICAI, but it will take some time on account of complexities associated with the deals. Further, based on the Legal Opinion, the Company has disputed certain derivative contracts. Pending adoption of AS 30, determination of fair value and matter being subjudice in court of law, the Company has not provided "Mark to Market Losses" of Rs. 38.85 crores on account of derivative contracts. The Auditors of the Company have qualified their report for not providing Mark to Market Losses on Derivative Deals as on 31.03.2008".
    • 20 May · Board meeting

      Inter-alia to consider and to approve Audited Financial Results of the Company for the Financial Year ended March 31, 2008.
  9. Apr 2008

    • 26 Apr · Disclosure

      Details of shareholding as informed by the Promoters, Persons Acting Concert with them & Directors of the Company had informed their shareholding as on March 31, 2008 and change in the shareholding during the financial year 2007-08. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 7 Apr · Results

      The Board of Directors shall approve Audited Annual Accounts for the year ended 31st March, 2008. Hence, Un-audited Financial Results for the Quarter ended 31st March, 2008 shall not be published
  10. Mar 2008

    • 26 Mar · Meeting

      Proceedings of Extra- ordinary General Meeting of the company held on March 14, 2008. A copy of the proceedings of Extra- ordinary General Meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  11. Feb 2008

    • 22 Feb · Meeting

      Notice of the Extraordinary General Meeting of the members of the Company scheduled to be held on March 14, 2008 to consider & approve the creation of Mortgage and/or Charge on immovable properties of the Company in favour of IDBI for Corporate Loan of Rs. 10.00 Crores on first charge basis ranking pari passu with existing terms lenders & in favour of Working Capital Bankers on Second Charge Basis. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 21 Feb · Updates

      The TEXPROCIL - Textile Promotion Council of India has awarded Silver Trophy to our Company for the second highest exporter of fabrics in the category of "Grey Fabrics" for the year 2006-07
    • 5 Feb · Updates

      Today i.e. 05-02-2008 at around 9.00 A.M. a major fire has taken place in our one of the Cotton Raw Material Godown at Company's mill premises at Hamirgarh, Bhilwara. The Company's Hyderant System & Two Fire Brigades controlled the fire within 3 hours. The reasons of the fire are still unknown. The estimated loss of cotton is around Rs.3.50 Crores to Rs.4.00 Crores. Necessary intimation has been given to the Insurance Company, Police Department & other concerned authorities. The production of the Company has not been hampered due to fire and it is going as usual
  12. Jan 2008

    • 11 Jan · Board meeting

      Meeting on 31 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
  13. Oct 2007

    • 10 Oct · Board meeting

      Meeting on 27 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
  14. Sep 2007

    • 27 Sep · Meeting

      Proceedings of the Annual General Meeting held on September 14, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  15. Aug 2007

    • 6 Aug · Meeting

      Register of Members and Share Transfer Books of the Company shall remain closed from September 07, 2007 to September 14, 2007 (both days inclusive) for the purpose of ensuing Annual General Meeting scheduled to be held on September 14, 2007.
  16. Jul 2007

    • 31 Jul · Business

      Press release dated July 30, 2007, in respect of Financial Results of the company for the quarter ended June 30, 2007. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 17 Jul · Board meeting

      Meeting on 30 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
  17. May 2007

    • 4 May · Board meeting

      Outcome of Board meeting held on May 1, 2007 as under : (1) Commencement of Commercial Production on Expanded capacity. (2) Approval of Audited Financial Results for the year ended March 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 3 May · Utilisation of Funds

      The Company raised funds of Rs. 49.00 Crores through Initial Public Offer of Equity Shares in January, 2006 to part finance Expansion Project of 50400 Spindles & Knitting Machines. Commercial production on expanded spinning & Knitting capacities commenced on 01.05.2007. Installation of Thermal Power Plant of 10.50 MW and expansion project of Rotor Spinning Capacity by addition of 2000 Rotors at total project cost of Rs. 78.00 Crores are under implementation.
  18. Apr 2007

    • 25 Apr · Disclosure

      "The Promoters, Persons Acting in Concert with them & Directors of our Company have informed their shareholding as on 31-03-07 and change in the shareholding during the financial year 2006-07". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 23 Apr · Board meeting

      To consider and to approve Audited Financial Results of the Company for the Financial Year ended March 31, 2007.
    • 17 Apr · Results

      The Board of Directors shall approve Audited Annual Accounts for the year ended 31st March, 2007. Hence, Un-audited Financial Results for the Quarter ended 31st March, 2007 shall not be published
    • 5 Apr · Meeting

      Minutes of the Extra-Ordinary General Meeting of the Company held on March 30, 2007. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  19. Mar 2007

    • 26 Mar · E-mail ID for Investor Complaints

      Designated e-mail ID for Investor grievance redressal division is as under : investorrelations@nitinspinners.com.
    • 12 Mar · Meeting

      Notice of the Extra-Ordinary General Meeting of the shareholders of the Company to be held on March 30, 2007. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  20. Feb 2007

    • 2 Feb · Expansion

      Board of Directors at its meeting held on January 29, 2007 has approved another expansion of Open End Spinning capacity from 5400 MT Per Annum to 10000 MT Per Annum. The Project shall be financed through internal accrual & debts under TUF Scheme from Banks.
  21. Jan 2007

    • 29 Jan · Business

      Press release dated January 29, 2007, in respect of the Unaudited Financial Results of the company for the quarter ended December 31, 2006. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Jan · Board meeting

      Meeting on 29 Jan 2007: “Unaudited Financial Results for the quarter ended Dec 31, 06”