StockWatch
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Other Textile Products
Dividend29 May 2026, 07:01 pm

Bannari Amman Recommends ₹0.25 Dividend

AI Summary

Bannari Amman Spinning Mills Ltd's board recommended a dividend of ₹0.25 per equity share for the financial year ended 2025-2026. The board also approved the audited financial results for the quarter/year ended 31.3.2026, re-appointed Sri S V Arumugam as Managing Director, and appointed Sri M Nagarajan as Cost Auditor and M/s B M & Associates as Internal Auditors for FY 2026-2027. Additionally, the board approved the forfeiture of 42,25,806 share warrants.

Key Highlights

  • Bannari Amman declares dividend of ₹0.25 per share for FY 2025-2026.
  • Sri S V Arumugam re-appointed as Managing Director for 3 years.
  • Sri M Nagarajan appointed as Cost Auditor for FY 2026-2027.
  • M/s B M & Associates appointed as Internal Auditors for FY 2026-2027.
  • Board approved forfeiture of 42,25,806 share warrants.