About Nahar Capital and Financial Services Limited

Nahar Capital and Financial Services Limited is a Reserve Bank of India-registered Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), classified under the Base Layer for 2024-25. The company’s core activities include long-term and trading investments across equity, debt, mutual funds and Alternative Investment Funds (AIFs), alongside lending activities. It also undertakes real estate activities focused on generating rental yields from commercial property. The company deploys capital directly in primary and secondary markets and via vehicles such as portfolio services and AIFs, while exploring opportunities in debt securities, REITs/InvITs and thematic areas like EVs, AI, satellite networking and cloud computing for profitability and diversification.

The company is listed on both the National Stock Exchange of India Limited and BSE Limited, and is based out of “NAHAR TOWER”, 375, Industrial Area-A, Ludhiana-141003 (Pb.). As on March 31, 2025, 99.25% of its equity share capital was dematerialised, with robust market connectivity through NSDL and CDSL. The company has no subsidiaries, with interests in associates accounted for under applicable standards.

Key Milestones of Nahar Capital and Financial Services Limited

• Maintained classification as NBFC–Base Layer under RBI’s Scale Based Regulation for FY 2024-25.
• Active focus on prudent risk, liquidity management and diversified investment portfolio including equity, debt, mutual funds, AIFs, and real estate.

Nahar Capital and Financial Services Limited Business Verticals Contribution 

Segment contribution to revenue for FY 2024-25: Investments/Financial activities constitute 88.5%, and Real Estate contributes 11.5%. All operations are domestic (100%), with no international operations or assets.

Nahar Capital and Financial Services Limited Business Segment

The company operates primarily in investment and credit activities, managing a diversified portfolio including long-term and trading investments, lending, and real estate development focused on rental income. There are no subsidiaries as on March 31, 2025.

Nahar Capital and Financial Services Limited Key Management

• Mr. Jawahar Lal Oswal – Chairman
• Mr. Dinesh Oswal – Managing Director
• Mr. Hans Raj Kapoor – Chief Financial Officer
• Mrs. Anjali Modgil – Company Secretary

Latest Updates on Nahar Capital and Financial Services Limited

• Continued classification as NBFC–Base Layer for FY 2024-25 under RBI’s Scale Based Regulation.
• Credit rating: [ICRA] A1+ for the proposed Short Term Debt/Commercial Paper programme of Rs 25 crore as on March 31, 2025; no change in rating during the year.
• Capital market infrastructure: 99.25% of equity capital in demat form as on March 31, 2025; shares actively traded on NSE and BSE.
• Strategic focus on diversified investment options including debt securities, commodities, NCDs, mutual funds, AIFs, and thematic sectors such as EVs, AI, satellite networking, and cloud computing.
• Real estate activities targeting increased lease/rental income from commercial properties.
• Investor services facilitated by SEBI’s one-time physical share transfer re-lodgement window effective July 7, 2025 to January 6, 2026.
• Legacy debenture default action on Rs 2 crore position in ATS Infrabuild Pvt. Ltd.; legal proceedings ongoing.
• Reported Twentieth Annual Report for the year ended March 31, 2025; no material changes post year-end.