Bannari Amman Spinning Mills Limited - Company Profile

It is a environment public limited company based in Tamilnadu, Tamil Nadu, India, established in 1989.

1989 Tamilnadu, Tamil Nadu, India Active

Last Updated: December 22, 2025

About Bannari Amman Spinning Mills Limited

Bannari Amman Spinning Mills Limited, a active public limited company, was established on 10 July 1989 in Tamilnadu, Tamil Nadu, India. Engaging in wind energy solutions within the manufacturing sector, it holds CIN: L17111TZ1989PLC002476. Registered under ROC Roc Coimbatore. it is listed on BSE: 532674 and NSE: BASML. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹39.96 Cr.

Formerly known as Shiva Textiles (Cbt) Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹1,098.85 Cr and a net worth of ₹405.48 Cr. Employing 4,590 professional, Its leadership includes Kollengode Padmanabhan Ramakrishnan (Director), Priya Bhansali (Director), Chellamuthu Sivasamy (Director). Past directors included Kollengode Padmanabhan Ramakrishnan, Sennimalai Gounder Palaniswami, Kodumudi Ramani Narayanaswami Venkata. It holds ₹871.98 Cr open charges and ₹934.20 Cr settled loans. Its latest AGM occurred on 21 July 2025, with the balance sheet filed on 31 March 2025. It is based at 252Mettupalayam Road Coimbatore, Tamilnadu, Tamil Nadu, 641043.

Company Details

CIN/LLPIN
L17111TZ1989PLC002476
Registration Number
002476
Incorporation Date
10 July 1989
Authorized Capital
₹75.00 Cr
Paid-Up Capital
₹39.96 Cr
ROC Code
Roc Coimbatore
Listing Status
Listed (BSE: 532674, NSE: BASML)
Company Status
Active

Key Metrics

Authorised Capital ₹ 75.00 Cr as on 22-12-2025
Paid Up Capital ₹ 39.96 Cr as on 22-12-2025
Company Age 36 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 871.98 Cr as on 22-12-2025
Satisfied Charges ₹ 934.20 Cr as on 22-12-2025
Revenue Growth **** -14.80% (FY 2023)
Profit Growth **** -171.52% (FY 2023)
Ebitda **** -84.54% (FY 2023)
Net Worth -8.60% (FY 2023)
Total Assets **** 7.38% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bannari Amman Spinning Mills Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bannari Amman Spinning Mills Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kollengode Padmanabhan Ramakrishnan	Director	29 May 2024	Current
Priya Bhansali	Director	29 May 2024	Current
Chellamuthu Sivasamy	Director	28 Jun 2023	Current
Sangampalayam Vedanayagam Arumugam	Managing Director	16 May 1993	Current
Shanmugavelayutham Sihamani	Director	01 Sep 2014	Current
Shanmugavelayutham	Director	14 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	21 Aug 2024	Past
Pramod Abcsdd	Director	24 Aug 2019	Past
Pramod Abcsdd	Director	24 Aug 2019	Past
Pramod Abcsdd	Additional Director	21 Aug 2024	Past
Pramod Abcsdd	Director	24 Aug 2019	Past
Pramod Abcsdd	Additional Director	24 Sep 2023	Past

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Financial Performance of Bannari Amman Spinning Mills.

Bannari Amman Spinning Mills Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.8% decrease. The company also saw a substantial fall in profitability, with a 171.52% decrease in profit. The company's net worth dipped by a decrease of 8.6%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-14.80%

*******

Revenue from Operations

*******

-14.80%

*******

Total Assets

*******

7.38%

*******

Profit or Loss

*******

-171.52%

*******

Net Worth

*******

-8.60%

*******

EBITDA

*******

-84.54%

*******

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What is the Ownership and Shareholding Structure of Bannari Amman Spinning Mills?

In 2023, Bannari Amman Spinning Mills had a promoter holding of 55.33% and a public holding of 44.67%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹8,719,800,000.00

Satisfied Charges

₹9,341,950,000.00

Charges Breakdown by Lending Institutions

Others : 821.49 Cr
State Industries Promotion Corporation Of Tamilnadu (Sipcot) : 26.16 Cr
Indian Overseas Bank : 24.33 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Jun 2025	Others	₹29.30 Cr	Open
20 Nov 2024	Others	₹24.33 Cr	Open
12 Nov 2024	Others	₹27.87 Cr	Open
23 Aug 2023	Others	₹44.41 Cr	Open
16 Mar 2023	Indian Overseas Bank	₹24.33 Cr	Open

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How Many Employees Work at Bannari Amman Spinning Mills?

Bannari Amman Spinning Mills has a workforce of 4590 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bannari Amman Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bannari Amman Spinning Mills's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bannari Amman Spinning Mills

Recent Activity within the Organization

Charges

The activity A charge with Others of Rs. 29.30 Cr registered on 25 Jun 2025 with Charge ID 101124635 was modified on 16 Dec 2025. was completed.
16 Dec 2025
Director Appointment

Shanmugavelayutham was appointed as a Director was appointed as a Director on 14 Nov 2025 & has been associated with this company since 3 months 11 days . was recorded as a recent event.
14 Nov 2025
Annual General Meeting

Bannari Amman Spinning Mills Limited last Annual general meeting of members was held on 21 Jul 2025 as per latest MCA records. was recorded as a recent event.
21 Jul 2025
Charges

A charge with Others amounted to Rs. 29.30 Cr with Charge ID 101124635 was registered on 25 Jun 2025. was recorded as a recent event.
25 Jun 2025
Charges

Progress on A charge with Others of Rs. 24.33 Cr registered on 20 Nov 2024 with Charge ID 101009558 was modified on 22 May 2025. was documented.
22 May 2025
Charges

Progress on A charge with Others of Rs. 27.87 Cr registered on 12 Nov 2024 with Charge ID 101029199 was modified on 22 May 2025. was documented.
22 May 2025

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