StockWatch
·
Paper & Paper Products
Quarterly Result6 May 2026, 06:11 pm

Spinaroo Commercial: Audited Financial Results for FY26

AI Summary

Spinaroo Commercial Ltd's board approved audited standalone financial results for the quarter and year ended March 31, 2026. They recommended increasing the limit for loans and investments up to ₹6 crores. The board also approved an investment in Spino Poly Products Private Limited, a sister company, up to 15% of total shares or ₹2,00,00,000 at ₹59.02 per share. The 14th Annual General Meeting will be held on May 30, 2026, via video conferencing.

Key Highlights

  • Audited standalone financial results for Q4 and FY26 approved.
  • Investment in Spino Poly Products Private Limited approved up to ₹2,00,00,000.
  • AGM scheduled for May 30, 2026, via video conferencing.
  • Recommended increasing loan and investment limits to ₹6 crores.