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Quarterly Result29 May 2026, 06:33 pm

Bannari Amman Spinning Mills: FY26 Audited Results Approved

AI Summary

Bannari Amman Spinning Mills Ltd. announced the approval of audited financial results for the year ended March 31, 2026, along with the re-appointment of Sri S V Arumugam as Managing Director for a 3-year term. The company also approved the appointment of Sri M Nagarajan as Cost Auditor and M/s B M & Associates as Internal Auditors for FY 2026-2027. A dividend of ₹0.25 per share was recommended. 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 FY 2026-2027.
  • M/s B M & Associates appointed as Internal Auditors for FY 2026-2027.