Bannari Amman Announces Rs 0.25 Dividend and Key Dates for Annual General Meeting
Bannari Amman Spinning Mills Limited has announced several critical dates related to its upcoming Annual General Meeting, proposed dividend, and remote e-voting process. The company shared details regarding book closure periods, voting schedules, and the payment date of the dividend.The 36th Annual General Meeting (AGM) is scheduled for Monday, August 10, 2026. To facilitate this meeting, the period for book closure has been set from August 4, 2026, to August 10, 2026.
The company has proposed a dividend of Rs 0.25 per share, which represents 5% on the Equity Share Capital.
To manage shareholder participation and voting, Bannari Amman Spinning Mills Limited established specific timelines for remote e-voting. The cut-off date for remote E-voting is August 3, 2026. Shareholders will have a period to participate in the remote E-Voting between Friday, August 7, 2026 (10:00 A.M.) and Sunday, August 9, 2026 (5:00 P.M.). The dividend payment date is scheduled for on or before September 8, 2026.
The company also announced the appointment of Mr R Dhanasekaran, a Practicing Company Secretary, to serve as the Scrutinizer for the remote e-voting process.
Key corporate event details are summarized below:
| Event | Date/Period | Financial Detail |
|---|---|---|
| Annual General Meeting | Monday, August 10, 2026 | N/A |
| Book Closure Period | August 4, 2026 to August 10, 2026 | N/A |
| Proposed Dividend | N/A | Rs 0.25 per share (5% on Equity Share Capital) |
| E-voting Cut-Off Date | August 3, 2026 | N/A |
| Remote E-Voting Period | Aug 7, 2026 (10:00 A.M.) to Aug 9, 2026 (5:00 P.M.) | N/A |
| Dividend Payment Date | On or before September 8, 2026 | N/A |
BASML Stock Price Movement
Today, shares of Bannari Amman Spinning Mills Limited edged higher, closing at ₹26.95 after rising 0.34%. The stock registered a traded volume of 32,130 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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