Amit Spinning Industries Ltd

Girnar Spintex Industries Ltd (formerly Amit Spinning Industries Ltd) has provided an update on its composite textile plant expansion. The Processing Division's erection and installation are in the final stage, expected to complete within a month, with commercial production anticipated by end-September 2026. The Spinning Division has completed banking facility shifts and secured loan sanctions. An order for 11,040 spindles has been placed, with machinery delivery expected within a month. Commercial production for the expanded Spinning Division is targeted for end-November 2026. The company also approved its Unaudited Standalone Financial Results for the quarter ended June 30, 2026.

Amit Spinning Industries Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors also provided an update on the expansion and modernization of its composite textile plant. The Processing Division's erection and installation are in the final stage, expected to be completed within a month, with commercial production commencing by end of September 2026. Trial job work has already begun. The Spinning Division has completed shifting banking facilities and secured a loan sanction for expansion. An order for 11,040 additional spindles has been placed, with delivery expected within a month. Commercial production for the expanded Spinning Division is anticipated by end of November 2026. The company confirmed no defaults on loans and no deviation in proceeds from any issues.

Girnar Spintex Industries Ltd (formerly Amit Spinning Industries Ltd) announced its Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results along with a Limited Review Report. The company also provided an update on its expansion and modernization projects. The Processing Division's erection is in the final stage, expected to complete within a month, with commercial production commencing by end-September 2026. Trial job work has already begun. The Spinning Division has completed shifting banking facilities and secured an expansion loan. An order for 11,040 additional spindles has been placed, with delivery expected within a month. Commercial production for the expanded Spinning Division is anticipated by end-November 2026. The company confirmed no defaults on loans and no related party transactions requiring disclosure.

Amit Spinning Industries Ltd has announced a Board of Directors meeting scheduled for August 14, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter ended June 30, 2026. Concurrently, the trading window for designated persons and their immediate relatives will remain closed until 48 hours after the declaration of these financial results, in compliance with SEBI regulations.

Amit Spinning Industries Ltd has submitted a letter to the stock exchange stating the non-applicability of the Statement of Deviation and Variation for the quarter ended June 30, 2026. This is in accordance with Regulation 32(1) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company confirmed that since it has not undertaken any public issue, rights issue, or preferential issue, the statement is not applicable. The exchange is requested to take this on record.

Amit Spinning Industries Ltd (formerly Girnar Spintex Industries Limited) has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain shut from July 1, 2026, until 48 hours after the Board Meeting where the unaudited financial results for the quarter ended June 30, 2026, will be considered and approved. The exact date of this Board Meeting will be communicated later.

Amit Spinning Industries Ltd (now Girnar Spintex Industries Limited) announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the standalone financial results, the auditors' report with an unmodified opinion, and a declaration confirming compliance with SEBI LODR Regulations. The company reported total revenue of ₹12,583.65 Lacs for the financial year ended March 31, 2026. No deviations were reported regarding public issue proceeds, and no defaults on loans or debt securities were noted. The company is exempt from disclosing Related Party Transactions.

Amit Spinning Industries Ltd (now Girnar Spintex Industries Limited) announced the approval of its audited standalone financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, in a meeting concluded on June 03, 2026, also approved the Auditors' Report with an unmodified opinion. The company confirmed no defaults on loans or debt securities and is exempt from related party transaction disclosures. The financial statements indicate total revenue of ₹12,583.65 Lacs for the financial year ended March 31, 2026.

Amit Spinning Industries Ltd has announced a further delay in the submission of its audited financial results for the quarter and financial year ended March 31, 2026. The Board Meeting, initially scheduled for May 30, 2026, was adjourned and reconvened on June 2, 2026. However, due to pending audit procedures and incomplete information, the results could not be finalized and approved. The company cited the delay as unintentional and beyond its control, emphasizing the need for accurate and complete financial information. Efforts are underway to complete the audit and submit the results promptly.

Amit Spinning Industries Ltd has further adjourned its Board Meeting, originally scheduled for June 02, 2026, to June 03, 2026. This adjournment is due to the non-completion of the statutory audit and pending audit procedures, preventing the finalization and approval of the Audited Financial Results for the quarter and financial year ended March 31, 2026. The trading window for the company's securities will remain closed until 48 hours after the declaration of the results.