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    BANNARI AMMAN SPINNING MILLS LTD.

    01 August 2025 | 12:00

    Industry >> Textiles - General

    Select Another Company

    ISIN No INE186H01022 BSE Code / NSE Code 532674 / BASML Book Value (Rs.) 55.88 Face Value 5.00
    Bookclosure 30/04/2025 52Week High 63 EPS 0.90 P/E 33.35
    Market Cap. 239.76 Cr. 52Week Low 28 P/BV / Div Yield (%) 0.54 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was incorporated as Shiva Textiles (CBT) Limited. on July 10, 1989 under the Companies Act, 1956 and was issued a Certificate of Commencement of Business on September 14, 1989. The name of our Company was changed to "Bannari Amman Spinning Mills Ltd." on October 11,1991.

    Major Events 

    Year                                        Event


    September 14, 1989               Commencement of operations
January 8, 1997                      First Export Order
October 20, 2001                   ISO 9001:2000 given by DET 
                                                NORSKE VERITAS


    May 14, 2002                        Registration as an export house
December 15, 2004              Commencement of weaving division
September, 2004                   Erection of windmills
    2006

    -Company recommended a Dividend @ 20% on the Equity Share Capital of the Company for the Year ended March 31, 2006.

    2007

    - Bannari Amman Spinning - E-mail ID for Investors' Complaints are shares@bannaritex.com.

    2009

    -Company recommended a dividend of Re 1/- per share (10% on Equity Share Capital of the Company) for the financial year 2008-2009

    2011

    - Company recommended a Dividend of Rs 2.00 per share (20% on Equity Share Capital of the company) for the financial year 2010-11

    2013

    -The Company has recommended a dividend of Rs. 2/- (Rupees two only) per share

    2014

    -The Company have appointed Smt S Sihamani as Women Director of the Company -The Companys wholly owned subsidiary Company "Abirami Amman Mills Private Limited" has entered Memorandum of Understanding with Tamilnadu Government for setting up of a Textile Project near Dindigul, Tamilnadu -The Company has recommended a dividend of Rs. 2/- (Rupees Two only) per share

    2015

    -Bannari Amman sets up new garment unit at Palladam.

    2021

    -The company issued rights shares in the ratio of 21:20 at a premium of Rs. 25 per share. amounting to Rs.100 Crore.

    -The Company has splits its face value from Rs. 10/- to Rs. 5/-.

    -The Company has informed that , it has fixed September 09, 2021 as the Record Date for the purpose of Rights Issue.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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