About Nagreeka Exports Limited

Nagreeka Exports Limited is an Indian textile company incorporated on March 6, 1989, with its registered office in Kolkata, West Bengal. The company manufactures and exports cotton yarn and undertakes trading in cotton yarn and various commodities, and is recognised as a Merchant exporter. It has set up a 100% export-oriented unit with a state-of-the-art plant of 55,440 spindles at Kolhapur, Maharashtra, and a yarn dyeing and cotton bleaching plant at Kagal, Kolhapur. The company’s marketing network is spread across various countries and its shares are listed on both the National Stock Exchange of India and BSE Limited. It has also been awarded an International Standard Organization certificate for export performance, underscoring its longstanding focus on quality and global markets.

Nagreeka’s products and services cover the manufacturing and sale of cotton yarn, knitted fabrics, bleached cotton, fine cotton, and related textile products. On the trading side, the portfolio has included cotton yarn, knitted fabric, ferro manganese, calcium silicate blocks, plates and TMT bars, aligned to the company’s merchant-export capabilities and customer requirements. Manufacturing operations are anchored by two facilities in Maharashtra: Village Yavluj, Taluka Panhala, Dist. Kolhapur (Pin 416205) and Plot No. T-48, MIDC, Kagal-Hatkanangale Five Star Industrial Area, Village Talandage, Taluka Hatkanangale, Dist. Kolhapur (Pin 416115).

Key Milestones of Nagreeka Exports Limited

Key milestones highlighted include the operational build-out of the 100% export-oriented plant, the establishment of the dyeing and bleaching facility at Kagal, and sustained export-led growth supported by a wide global marketing network. As of March 31, 2025, the company reports having no subsidiaries, associates, or joint ventures and operates on a standalone basis.

Nagreeka Exports Limited Business Segments and Geography Mix

Business Segments:

• Manufacturing and sale of cotton yarn, knitted fabrics, and related textile products
• Trading in cotton yarn, knitted fabric, ferro manganese, calcium silicate blocks, plates, and TMT bars

Geography mix:

• International exports through the 100% export-oriented unit with a broad global marketing network
• Domestic turnover is linked to manufacturing and trading operations within India. 

Key Management of Nagreeka Exports Limited

• Sushil Patwari – Chairman
• Sunil Ishwarlal Patwari – Managing Director
• Mahendra Ishwarlal Patwari – Whole Time Director
• D. Das Choudhary – Whole Time Director
• Manoj Agarwal – Chief Financial Officer
• Monika Kedia – Company Secretary

Latest Updates on Nagreeka Exports Limited

• Operational update: Operations of the spinning mills at Yavluj were temporarily suspended on February 21, 2025 as part of a long-term cost reduction plan. An agreement was signed with the recognised union; steps are being actively evaluated with long-term business interests in mind.
• Capital actions: A Rights Issue concluded on March 5, 2024, allotting 1,87,49,550 equity shares at ₹20 per share (including premium of ₹15), raising ₹3,749.91 lakh, utilized as per the stated objectives.
• Governance and compliance: Appointed M & A Associates as Secretarial Auditors and V.J. Talati & Co. as Cost Auditors for FY 2025-26. SEBI regulations compliance confirmed for FY ending March 31, 2025.
• Regulatory action: Penalty of ₹96,760 imposed by SEBI on July 28, 2025 for Listing Regulations violations, paid by the company. Compliance systems commensurate with company size.
• Board and KMP changes: Company Secretary and Compliance Officer resigned effective January 16, 2025; new appointment from February 13, 2025. Directors rotated or re-appointed as per governance norms.
• Shareholder information: 36th Annual General Meeting scheduled for September 24, 2025, via video conferencing/OAVM with e-voting. Listing fees for 2025-26 paid to NSE and BSE.