Board Meeting29 May 2026, 06:52 pm
Bannari Amman Spinning Mills Approves FY26 Results, ₹0.25 Dividend
AI Summary
Bannari Amman Spinning Mills Ltd. has approved the audited financial results for the quarter and year ended March 31, 2026. The board also approved the re-appointment of Sri S V Arumugam as Managing Director for 3 years, appointed Sri M Nagarajan as Cost Auditor for FY27, and M/s B M & Associates as Internal Auditors for FY27. A dividend of ₹0.25 per share was recommended for the year ended 2025-2026. The board also approved the forfeiture of 42,25,806 share warrants.
Key Highlights
- Audited financial results for FY26 approved by the board.
- Sri S V Arumugam re-appointed as Managing Director for 3 years.
- Dividend of ₹0.25 per share recommended for FY26.
- Sri M Nagarajan appointed as Cost Auditor for FY27.
- M/s B M & Associates appointed as Internal Auditors for FY27.
Price Impact
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