BANNARI AMMAN SPINNING MILLS LTD.

Bannari Amman Spinning Mills Ltd has announced the closure of its trading window for dealing in the company's shares. This closure will be effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the consolidated unaudited financial results for the quarter ending June 30, 2026. The decision aligns with SEBI regulations and the company's internal code of conduct regarding insider trading.

Bannari Amman Spinning Mills Ltd. has re-appointed Sri S V Arumugam as Managing Director for a term of 3 years, effective from June 27, 2026, to June 26, 2029. The decision was made during a Board Meeting held on May 29, 2026, following the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. The board also approved the audited financial results for the quarter/year ended March 31, 2026, appointed a Cost Auditor and Internal Auditors, recommended a dividend of ₹0.25 per share, and addressed regulatory compliance matters.

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.

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.

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.

Bannari Amman Spinning Mills Ltd has announced a board meeting scheduled for May 29, 2026, to consider and approve the audited financial results for the year ended March 31, 2026. The board will also consider the recommendation of a dividend, if any, for the financial year 2025-2026. The trading window will remain closed until 48 hours after the declaration of the results, covering the period from April 1, 2026, to May 31, 2026.

Bannari Amman Spinning Mills Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Audited Financial Results for the year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year 2025-2026. The trading window remains closed until 48 hours after the declaration of the results, from April 1, 2026, to May 31, 2026.

Bannari Amman Spinning Mills Ltd has forfeited convertible share warrants issued on November 4, 2024, as allottees failed to pay the balance subscription amount by the deadline of May 3, 2026. The warrants, convertible into equity shares within 18 months of issuance, were forfeited in accordance with SEBI regulations and a shareholder resolution. The Board of Directors will address the matter in an upcoming meeting to pass the necessary resolution.

Bannari Amman Spinning Mills Ltd. has announced that the trading window will be closed from Wednesday, 1st April 2026, until 48 hours after the declaration of the Consolidated Audited Financial Results for the year ended 31st March 2026. The date of the Board Meeting for the declaration of these results will be intimated in due course.

Bannari Amman Spinning Mills Limited has received communications from the National Stock Exchange of India Limited and BSE Limited for non-compliance and payment of fine under SEBI regulations. The company has been fined Rs. 68,000 each (plus GST @18%) for failing to obtain prior approval of shareholders by Special Resolution in connection with the appointment of Mr Shanmugavelayutham, Non-Executive Independent Director, who has already attained the age of 75 years. The fine was levied on 27th February 2026 and the due date of payment is 15 days from the date of the notice. The company is taking necessary steps for payment of the fine and will appeal for waiver of the same. The matter will be placed before the Board of Directors in the next meeting.