Bannari Amman Spinning Mills Rights Issue 2025 Details, Record Date, Issue Price

Bannari Amman Spinning Mills Rights details are now available. The company plans to issue 1,50,79,504 equity shares, which will amount to Rs 40.71 crore. Bannari Amman Spinning Mills Rights issue price is Rs 27 per share while the face value of the share is Rs 5 per share.

Bannari Amman Spinning Mills Rights open date is May 13, 2025, and the close date of the issue is May 26, 2025. The entitlement ratio of the Bannari Amman Spinning Mills rights issue is 10:43, which is 10 Rights Equity Shares for every 43 fully paid-up Equity Shares held on the Record Date of April 30, 2025.

The Record date of the Bannari Amman Spinning Mills Rights issue is April 30, 2025. The last date to buy shares of Bannari Amman Spinning Mills was April 29,2025. Meanwhile, the Rights Issue subscription status will be available once the issue goes live.

The rights issue, Credit date and Listing date of the Bannari Amman Spinning Mills is available. Meanwhile, the listing will be on the BSE and NSE

Bannari Amman Spinning Mills registrar and the book-running lead manager(s) are Link Intime India Pvt Ltd and Safforn Capital Advisors Private LTD.

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Bannari Amman Mills Rights Issue Details

Bannari Amman Spinning Mills Rights Issue details are as follows: The company plans to issue 1,50,79,804 equity shares, which aggregate to the amount of Rs 40.71 Cr. The Rights issue price for the Bannari Amman Mills is Rs 27 per share. Meanwhile, the entitlement ratio of the rights issue is 10:47, which is 10 Rights Equity shares for every 47 fully paid-up equity shares.

Bannari Amman Spinning Mills Rights Issue Date

Bannari Amman Spinning Mills' issue record date is April 30, 2025, and the last date to buy shares of Bannari Mills was April 29, 2025.

Bannari Amman Spinning Mills Rights Issue Subscription

Bannari Amman Mills Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 10 Rights Equity Share(s) for every 47 fully paid-up Equity Share held on Record Date. The issue price is Rs 40 per share.

Bannari Amman Spinning Mills : About the Company

Founded in 1989, Bannari Amman Spinning Mills Ltd. has become a vertically integrated textile manufacturer, covering spinning, weaving, and processing of cotton yarn. The company produces woven and knitted fabrics, home textile products, and provides third-party job-work services. 

To support its sustainable energy strategy, it operates dedicated wind power generation units that fully meet its in-house electricity requirements. Its Tamil Nadu complexes are equipped with water supply, power infrastructure, and effluent treatment systems.

 Each production unit houses specialised modern quality control laboratories staffed by trained teams to uphold rigorous international standards. Maintaining strict quality protocols, leveraging its capabilities, Bannari Amman has expanded its footprint by exporting to diverse global markets such as the United States, Italy, Turkey, Bangladesh, and Sri Lanka.

Bannari Amman Mills Financials (Amount in Rs crore)

Bannari Amman Mills Rights Issue Registrar

Bannari Amman Mills registrar and the book-running lead manager(s) for this rights issue are Link Intime India Pvt Ltd and Safforn Capital Advisors Private LTD.

FAQs

1. What are the details of the Bannari Amman Mills Rights Issue?

Bannari Amman Mills Rights Issue details are as follows: Bannari Amman Mills plans to issue 1,50,79,504 equity shares amounting to Rs 40.71 crores. Bannari Amman Mills Rights issue price is Rs 47 per share, and the face value is Rs 5 per share. The rights issue entitlement ratio is 10:47, which is 10 Rights Equity Share(s) for every 47 fully paid-up equity share(s).

2. Bannari Amman Mills Rights Issue open date and close date?

Bannari Amman Mills Rights Issue's open date is May 15, 2025, and the closing date is May 22, 2025. Bannari Amman Mills Rights Issue record date is May 7, 2025. The last date to buy shares of Bannari Amman Mills is May 6, 2025.

3. How can I apply for the Bannari Amman Mills Rights Issue?

You can apply for Bannari Amman Mills in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Bannari Amman Mills Rights Issue?

Bannari Amman Mills rights issue entitlement ratio is 10:47, which is 10 Rights Equity Share(s) for every 47 fully paid-up equity share(s).

5. How can I check the Bannari Amman Mills Issue Allotment Status?

The registrar for this upcoming rights issue is Link Intime India Pvt Ltd . Investors can check the allotment status by visiting the registrar's website.

6. From where can I get the Letter of Offer Bannari Amman Mills Rights issue?

You can download the Bannari Amman Mills Rights Issue Letter of Offer by visiting on the registrar website or NSE website

7. What is the listing date of the Bannari Amman Mills Rights Issue?

The Bannari Amman Mills Rights Issue listing date is June 9, 2025. The listing will be on BSE and NSE

8. Who are the registrar and lead managers of the Bannari Amman Mills Rights Issue?

Bannari Amman Mills Limited's registrar and the book-running lead manager(s) are Link Intime India Pvt Ltd and Safforn Capital Advisors Private LTD.

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