Bannari Amman Spinning Mills logo

Bannari Amman Spinning Mills share news and announcements

NSE: BASMLBSE: 532674Textiles & ApparelsSmall Cap

Last close ₹20.02down ₹0.61 (2.96%)BSE ₹20.08

Share price at the NSE close on 23 Oct 2026. Previous close ₹20.63.

52-week range of traded prices to 23 Oct 2026
₹17.05Low, 30 Mar 2026₹31.90High, 27 Nov 2025
Market cap
₹160 Cr2,445th largest listed
P/E
7.0
P/B
0.3
Dividend yield
1.25%
ROE
5.1%
ROCE
6.1%
Debt to equity
0.84
Volume, NSE
54,60267.5% delivered

Bannari Amman Spinning Mills share news and announcements

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

  1. Jun 2008

    • 24 Jun · Board meeting

      Inter alia to consider and approve the Audited Financial Results for the year ended March 31, 2008 and for recommendation of dividend for the financial year 2007-08.
  2. Apr 2008

    • 28 Apr · Results

      We will be publishing audited Financial Results of the Company for the year ended 31.03.2008 on or before 30.06.2008. In view of the above, we will not be publishing the Un-audited Financial Results of the Company for the quarter ended 31.03.2008.
  3. Feb 2008

    • 7 Feb · Audit Qualifications

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 28, 2008) that : "The Statutory Auditors made qualification in the Audited Annual Accounts for the year ended 31.03.2007 on non provision of Deferred Tax liability of Rs.394.32 lakhs as required by Accounting Standard 22 (AS 22) issued by the Institute of Chartered Accountants of India. The Supreme Court of India in a recent judgement have upheld the validity of AS 22 of ICAI. Hence Deferred Tax liability for the current year and for previous years will be quantified at the end of the financial year and will be suitably provided for in the Annual Accounts".
    • 7 Feb · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 28, 2008) regarding the details of implementation of new projects and utilization of IPO proceeds. 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.
  4. Jan 2008

    • 19 Jan · Board meeting

      Meeting on 28 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
  5. Nov 2007

    • 12 Nov · Board meeting

      Members are requested to ignore the earlier broadcast message regarding board meeting to be held on November 16, 2007 inter alia to consider and approve the revised audited financial results for the year ended March 31, 2007 giving effect to the scheme of amalgamation of Maheswara Sugars Limited with the company and for recommendation of dividend for the financial year 2006-07. The board meeting to be held on November 16, 2007 for above agenda is for Bannari Amman Sugars Ltd (Symbol: BANARISUG) and not for Bannari Amman Spinning Mills Ltd.
    • 7 Nov · Board meeting

      Inter alia to consider and approve the revised audited financial results for the year ended March 31, 2007 giving effect to the scheme of amalgamation of Maheswara Sugars Limited with the company and for recommendation of dividend for the financial year 2006-07.
  6. Oct 2007

    • 29 Oct · Utilisation of Funds

      Vide notes to Unaudited Financial Results for the quarter ended September 30, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on October 22, 2007) that the details of implementation of new projects and utilization of IPO proceeds. 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.
    • 15 Oct · Board meeting

      Meeting on 22 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
    • 8 Oct · E-mail ID for Investor Complaints

      E-mail id of the company to which all correspondences relating the shareholders / Investors can be addressed to : "[email protected]".
    • 3 Oct · Meeting

      Annual General Meeting of the Company was convened on September 24, 2007, and the business stated in the Agenda of the Notice calling the AGM were duly transacted and approved by the Shareholders. A copy of the notice of AGM 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. Aug 2007

    • 23 Aug · Management

      We have appointed Mr. N. Krishnaraj as Company Secretary of our Company with effect from 03.08.2007. He will act as Compliance Officer of the Company
  8. Jul 2007

    • 28 Jul · Utilisation of Funds

      Details of implementation of new projects and utilization of IPO proceeds. 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.
    • 28 Jul · Audit Qualifications

      The Statutory Auditors made qualification in the Audited Annual Accounts for the year ended 31.03.2007 on non provision of Deferred Tax liability of Rs. 394.32 lakhs as required by AS 22 of ICAI. The Board addressed the qualification as follows :- " Pending receipt of decision from The Calcutta High Court to which the Writ Petition filed by the Company against AS 22 was transferred and due to continuity of Stay obtained by the Company, no provision has been made." Based on the decision of the Calcutta High Court, as and when received, Deferred Tax liability for the current year will be quantified at the end of the financial year and will be provided for in the Annual Accounts
    • 17 Jul · Board meeting

      Meeting on 27 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
  9. Jun 2007

    • 20 Jun · Meeting

      Register of Members and Share Transfer Books of the Company will remain closed from September 14, 2007 to September 24, 2007 (both days inclusive) for the purpose of Dividend and Annual General Meeting of the Company, which will be held on September 24, 2007.
    • 13 Jun · Utilisation of Funds

      Details of implementation of new projects and utilization of IPO proceeds, with respect to the Board Meeting held on June 11, 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.
    • 13 Jun · Audit Qualifications

      With respect to the Board Meeting held on June 11, 2007, that: "The Auditors have qualified in their report as under: Deferred Tax as per Accounting Standard 22 amounting to Rs.394.32 Lakhs for the current year and Rs.391.15 Lakhs for the financial year 2005-06 have not been provided for. For the above, we state that the Honorable High Court of Madras has granted stay, against enforcement of Accounting Standard 22 issued by the Institute of Chartered Accountants of India, which continues to be in force and is not provided for".
    • 12 Jun · Dividend

      Board of Directors of the Company at its meeting held on June 11, 2007 has recommended payment of Dividend @ 20% for the year ended March 31, 2007.
    • 4 Jun · Board meeting

      To consider interalia the Audited Financial Result of the Company for the quarter ended March 31,2007.
  10. May 2007

    • 15 May · Results

      Company shall publish its Audited Financial Results for the year ended March 31, 2007 on or before June 30, 2007. In view of the same, the Company will not be publishing the un-audited Financial Results of the Company for the quarter ended March 31, 2007.
  11. Feb 2007

    • 7 Feb · Utilisation of Funds

      The details of the implementation of the new project and utilization of IPO proceeds are stated below : Rs. in Lakhs (1) Particulars :- Expansion of Spinning Mill; Project Cost Envisaged in the Prospectus dated 26.10.2005 :-17,479.80; Actuals as on 31.12.2006 :- 12,555.88, (2) Particulars :- Expansion of Weaving Unit / Home Textiles; Project Cost Envisaged in the Prospectus dated 26.10.2005 :- 2,480.20 Actuals as on 31.12.2006 :- 2,488.23, (3) Particulars :- Establishment of Wind Mills; Project Cost Envisaged in the Prospectus dated 26.10.2005 :- 5,005.00 Actuals as on 31.12.2006 :- 5,390.00, (4) Particulars :- Establishment of Processing Unit; Project Cost Envisaged in the Prospectus dated 26.10.2005 :- 4,035.00 Actuals as on 31.12.2006 :- 727.65. Total; Project Cost Envisaged in the Prospectus dated 26.10.2005 :- 29000.00 Actuals as on 31.12.2006 :- 21,161.76". "The Expansion of Spinning Division/Weaving Division/Processing Division / Home Textiles are under implementation. The unutilised monies raised in public issue amounting of Rs.2500 lakhs is deposited in Fixed deposit with banks.
    • 7 Feb · Audit Qualifications

      For the year ended 31.03.2006, the statutory Auditors have qualified in their report on the non provisioning of Deferred Tax Liability amounting to Rs. 391.15 Lakhs and non provisioning of Fringe Benefit Tax amounting to Rs. 4.01 Lakhs. (a) Non Provision of Deferred Tax. The impact on current quarter/nine months period is Rs. 169.31 Lakhs and Rs. 461.67 Lakhs respectively. The Honourable High Court of Madras has granted stay against enforcement of AS 22 issued by ICAI which continues to be in force and is not provided for. (b) Non provision of Fringe Benefit Tax (FBT): The interim stay granted by the Honourable High Court of Madras stands vacated. Hence necessary provision has been made in the current quarter and for nine months period which includes arrears for previous year
  12. Jan 2007

    • 19 Jan · Board meeting

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