Nahar Industrial Board to recommend dividend. Nahar Industrial Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 18, 2006, inter alia, to consider and approve, the Audited Financial Results of the Company for the year ended on March 31, 2006 and to consider and recommend the dividend, if any for the financial year ended March 31, 2006.
The company has to divisions under its umbrella namely, Oil & Soap Division and the textile division.
In the textile division Nahar has two Spinning units and a weaving unit. The frost spinning unit, a100% EOU, is Engaged in the manufacture of cotton yarn is exporting its yarn to Europe , Hong Kong ,Singapore Taiwan ,Mauritius ,Malaysia and Australia.
Bombay Stock Exchange Limited
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