Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phon~ : 91-161-2600701 to 705,2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN : L17115P81988PLCOO8820

NPFLlSD12022-231 23rd July,2022

SUB: OUTCOME OF BOARD MEETING

Dear Sir, .

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on 23rd July, 2022 have inter-alia, transacted the following businesses:

I. Considered and Approved the Standalone and Consolidated Un-audited Financial Results for the quarter ended 30th June, 2022 along with Limited Review Reports on the above said Financial Results by Mis. YAPL & Co, Chartered Accountants, Ludhiana.

1. Considered and recommended Re-designation of Mr. Sambhav Oswal (DIN: 07619112) as the Managing Director of the Company (from Executive Director) w.e.f 1st September 2022 for the remaining period of his present tenure, subject to the approval of shareholder,

2. Considered and approve the resignation of Dr. Yijay Asdhir (DIN: 06671174), an Independent Director of the Company

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III to the said Regulations, we wish to inform you that Dr. Yijay Asdhir (DIN: 06671174), has resigned from the post of lndependent Director of the Company with effect from July 23, 2022.1ntimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with Schedule III of the Listing Regulations and SEBI Circular CIRlCFD/CMD/4/20 15 dated September 09, 2015 is as under:

Mumbai : 414, Raheja Chambers, 213 Nariman Point, Mumbai - 400 021 Phone·:91-22-22835262, 2283562 Fax: 91-22-22872863 E-mail: [email protected]

Gurgaon: Flat No. 22-8, Sector-18, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532-2430533. Fax: 91-124-2430536 , E-mail: [email protected]

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705, 2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN : L17115PB1988PLC008820

Tile Board Meeting commenced at 2.00 p.m. and concluded at 5.15 p.m.

Thanking you.

Yours faithfully, FOR NAHAR POLY FILMS LIMITED

l)~kl.l.,.Jal DISHA JINDAL (COMPANY SECRETARY) Encls, as above

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705, 2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN: L17115PB1988PLC008820

UN-AUDITED STANDALONE FINA CIAL RESULTS FOR THE OUARTER ENDED 30-06-2022

Mumbai 414, Raheja Chambers, 213 Nariman Point, Mumbai- 400 021 Phone': 91-22-22835262,2283562 Fax: 91-22-22872863 E-mail: [email protected]

"

Gurgaon: Flat No. 22-B, Sector-18, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532-2430533. Fax: 91-124-2430536 , E-mail: [email protected]

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705,2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN : L17115P91988PLCOO8820

PLAo;: LUDHIA A DATED: 23·07·2022

Mumbai: 414, Raheja Chambers,213 NarimanPoint,Mumbai- 400 021 Phone: 91-22-22835262, 2283562 Fax: 91-22-22872863 E-mail: [email protected]

PAN: AACFL3265A Ph. : 9780558951 eMail: [email protected]

YAPL & co.

Chartered Accountants 102-Kismat Complex, G. T. Road, Miller Ganj, LUDHIANA-141 003. (Punjab)

Ref. No . Dated .

LIMITED REVIEW REPORT

To The Board of Directors, Nahar Poly Films limited

We have reviewed the accompanying statement of un-audited financial results of MIs Nahar Poly Films limited having its registered office at 376, Industrial Area-A, Ludhiana for the quarter ended so" June, ²⁰²² being submitted by the Company pursuant to the requirements of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) including relevant circulars Issued by the SEBI from time to time. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements lSRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and is substantially less than the audit conducted in accordance with the standards on Auditing Specified under section 143(10) of the Act, and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards i.e. Ind AS 34 as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under or by the Institute of Chartered

PAN: AACFL3265A Ph. : 9780558951 eMail: [email protected]

YAPL & co.

Chartered Accountants 102-Kismat Complex, G. T. Road, Miller Ganj, LUDHIANA-141 003. (Punjab)

Ref. No . Dated .

Accountants of India and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For YAPL & Co.

Chartered nts

Place: Ludhiana Dated: 23.07.2022

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705,2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN : L17115PB1988PLC008820

Mumbai 414, Raheja Chambers,213 Nariman Point,Mumbai- 400 021 Phone: 91-22-22835262, 2283562 Fax: 91-22-22872863 E-mail: [email protected]

Gurgaon: Flat No. 22-B, Sector-18, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532-2430533. Fax: 91-124-2430536 , E-mail: [email protected]

Regd. Office & Corporate Office: 376, Industrial Area-A, LUDHIANA-141 003 (INDIA) Phone: 91-161-2600701 to 705,2606977 to 980, Fax: 91-161-2222942, 2601956. E-mail: [email protected] Website: www.owmnahar.com CIN : L17115PB1988PLC008820

PLACE: LUDI·IIANA DATED: 23-07 -2022

Mumbai 414, Raheja Chambers,213 NarimanPoint,Mumbai- 400 021 Phone: 91-22-22835262, 2283562 Fax: 91-22-22872863 E-mail: [email protected]

PAN: AACFL3265A Ph. : 97805 58951 eMail: [email protected]

Ref. No.. . . . . . . . . . . . . . . . . . Dated

YAPL & co.

Chartered Accountants 102-Kismat Complex, G. T. Road, Miller Ganj, LUDHIANA-141 003. (Punjab)

.......................

Independent Auditors Review Report On consolidated unaudited quarterly financial results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To

The Board of Directors Nahar Poly Films Limited

• 1. We have reviewed the accompanying statement of Consolidated un-audited financial results of MIs. Nahar Poly Films Limited (lithe Parent") having its registered office at 376, Industrial Area-A, Ludhiana and its share of the net profit after tax and total comprehensive income of its associates for the quarter ended so" June, 2022 (lithe Statement"), being submitted by the "Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended) including relevant circulars issued by the SEBI from time to time.
• 1. This Statement, which is the responsibility of the Parent's Management and has been approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles. laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these financial statements based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to "inquiries of company personnel and analytical procedures applied to financial data and is substantially less than the audit conducted in accordance with the standards on Auditing Specified under section 143(10) of the Act, and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

• 1. The Statement includes the results of the following entities:
• a. Nahar Capital and Financial Services Limited Associate Company

PAN: AACFL3265A Ph. : 9780558951 eMail: [email protected]

YAPL & co.

Chartered Accountants 102-Kismat Complex, G. T. Road, Miller Ganj, LUDHIANA-141 003. (Punjab)

Ref. No. . . . . . . . . . . . . . . . . . . Dated Based on our review conducted as above, nothing has come to our attention' that causes:as to' . believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards i.e. Ind AS 34 as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under or by the Institute of Chartered Accountants of India and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For VAPl & Co. Chartered Accountants (FRN 017800N)

t)o~ Raja {ParMmn-:-~, M.No.55 UDIN: 22550032ANNAUC5422

Place: ludhiana Dated: 23.07.2022