Suryaamba Spinning Mills Limited has announced that India Ratings & Research Private Limited (Ind-Ra) has withdrawn its credit rating for the company's bank loan facilities. The withdrawal was processed at the company's request and follows standard procedures outlined in Ind-Ra's Policy on Withdrawal of Ratings.

Rating Withdrawal Details

The rating withdrawal encompasses bank loan facilities with specific parameters and historical performance:

Rationale for Rating Withdrawal

India Ratings & Research stated that it is no longer required to maintain the rating following the formal withdrawal request. The agency received both a withdrawal request from Suryaamba Spinning Mills and a no dues certificate from the lenders, which aligns with Ind-Ra's established Policy on Withdrawal of Ratings. This process ensures that rating withdrawals follow proper protocols and documentation requirements.

Rating History and Performance

The bank loan facilities had maintained consistent ratings over recent periods:

Company Operations

Suryaamba Spinning Mills Limited, incorporated in 2007, operates as a manufacturer of specialty synthetic spun yarn. The company's primary manufacturing facility is located in Nayakund, Nagpur, featuring an installed capacity of 52,180 spindles. This operational setup positions the company within India's textile manufacturing sector, focusing on synthetic yarn production.

Regulatory Compliance

The company disclosed this material event under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Kriti Ladha signed the disclosure document, ensuring proper regulatory compliance and transparency with stakeholders. The information has been made available on the company's website at www.suryaamba.com for public access and record-keeping purposes.

Suryaamba Spinning Mills Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 14, 2026, which commenced at 01:00 p.m. and concluded at 01:50 p.m., in compliance with Regulations 30 & 33 of the SEBI Listing Regulations.

Financial Performance Overview

The company's financial performance for the quarter and nine-month period demonstrates solid operational results across key metrics.

Operational Expenses Analysis

The company's expense structure for the quarter shows disciplined cost management across various categories.

Earnings Per Share and Capital Structure

The company maintained consistent earnings per share performance with a stable capital base.

Tax and Comprehensive Income

For the third quarter ended December 31, 2025, the company reported total tax expense of ₹32.60 lakhs, comprising current tax of ₹21.96 lakhs and deferred tax of ₹10.64 lakhs. Total comprehensive income for the quarter stood at ₹93.61 lakhs, including other comprehensive income of ₹1.28 lakhs.

Regulatory Compliance and Corporate Governance

The company has submitted its financial results to BSE Limited under scrip code 533101, adhering to the Securities Exchange Board of India Listing Regulations requirements. The unaudited financial results were reviewed and recommended by the Audit Committee before approval by the Board of Directors. The statutory auditors, Manish N Jain & Co., have issued an unmodified review report on these financial results.

Business Operations

Suryaamba Spinning Mills operates in a single business segment of manufacturing and trading of yarn. The company has noted the notification of four Labour Codes by the Government of India on November 21, 2025, consolidating 29 existing labour laws. The company is currently assessing the impact of these changes and will implement necessary adjustments upon declaration of rules by the State Government. As per SEBI regulations, the results are available on the company's website at www.suryaamba.com .