Latest news about Bannari Amman Sugars
Bannari Amman Sugars
4,019.70
-221.00(-5.21%)
Company Performance:
View Company Insights1D-5.21%
1M+15.59%
6M+11.63%
1Y+7.07%
5Y+124.48%
More news about Bannari Amman Sugars
03Jul 26
Bannari Amman Sugars faces Rs 12.72 cr recovery notice
Bannari Amman Sugars Limited has been directed to pay ₹12.72 crore by the District Collector, Erode, under the Revenue Recovery Act, 1864, towards tax and interest for the period June 2003 to March 2016. The company, which had previously secured a favorable High Court order in 2012, argues that recovery should be deferred pending the Supreme Court's decision on related Special Leave Petitions. It is currently evaluating legal remedies to contest the fresh proceedings initiated by the present administration.
29Jun 26
Bannari Amman Sugars Reports Cybersecurity Incident at Tamil Nadu Distillery Unit, Resolved Without Operational Disruption
Bannari Amman Sugars reported a cybersecurity incident at its Tamil Nadu distillery unit that occurred on June 27. The company confirmed the issue was resolved quickly and had no effect on its normal operations. The disclosure highlights the company's prompt response to the technical disruption, ensuring business continuity remained intact.
30May 26
Bannari Amman Sugars FY26 net profit rises, recommends dividend
Bannari Amman Sugars reported a 41% increase in net profit to ₹147.92 crore for FY26, with revenue rising to ₹19,166.73 crore. The Board recommended a ₹12.50 per share dividend and appointed auditors for the upcoming fiscal year.
22May 26
Bannari Amman Sugars VP Resigns Effective Feb 27
Bannari Amman Sugars Limited announced the resignation of Mr. S Sathish Kumar, Vice President Unit-2, effective February 27, 2026, due to personal reasons. The company accepted the resignation following internal formalities and disclosed the event to stock exchanges under Regulation 30 of SEBI LODR Regulations.
14May 26
Bannari Amman Sugars to consider Q4FY26 results on May 27
Bannari Amman Sugars Limited will hold a board meeting on May 27, 2026, to consider audited financial results for Q4 and FY26. The board will also consider recommending a dividend for the financial year ended March 31, 2026. The trading window remains closed from April 1, 2026, to May 29, 2026.
01May 26
Bannari Amman Sugars Opens Special Window for Physical Share Transfer and Launches Second 100-Day KYC Campaign
Bannari Amman Sugars Limited has opened a special one-year window from February 05, 2026 to February 04, 2027 for transfer and dematerialisation of physical shares sold or purchased before April 01, 2019, following SEBI guidelines. Transferred shares will be credited in demat mode with a one-year lock-in period. The company has also launched the Second 100-Day Campaign 'Saksham Niveshak' from 1st April 2026 to 9th July 2026 for KYC updates and to prevent transfer of unclaimed dividends from 2018-19 to 2024-25 to IEPF.
17Apr 26
Bannari Amman Sugars Independent Director Sri M Ponnuswami Resigns Due to Regulatory Non-Compliance
Bannari Amman Sugars Limited announced the resignation of Independent Director Sri M Ponnuswami (DIN: 00015847) effective April 17, 2026, due to his failure to complete the mandatory Online Proficiency Self-Assessment Test within regulatory timelines. The resignation also results in his cessation from the Stakeholders' Relationship Committee and Risk Management Committee memberships. The director confirmed no other reasons exist for his departure, and the Board acknowledged his valuable contributions during his tenure.
10Apr 26
Bannari Amman Sugars Limited Confirms 'Not a Large Corporate' Status Under SEBI Framework for FY26
Bannari Amman Sugars Limited disclosed to NSE and BSE on April 09, 2026, that it does not qualify as a 'Large Corporate' under SEBI framework for FY26. The company reported outstanding borrowings of Rs.8.74 crores from Sugar Development Fund and maintained an AA- credit rating from Care Ratings Ltd. This disclosure ensures compliance with SEBI circulars governing debt securities issuance by large entities.
06Apr 26
Bannari Amman Sugars Limited Files SEBI Compliance Certificate for Q4FY26
Bannari Amman Sugars Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26, confirming that all dematerialization requests during the quarter ended 31st March, 2026 were processed within the mandatory 15-day timeline. The certificate, supported by registrar Cameo Corporate Services Limited, demonstrates compliance with regulatory requirements for security certificate handling and member register maintenance.
07Feb 26
Bannari Amman Sugars Q3FY26 Results: Total Income Up 54% to ₹649.47 Crores
Bannari Amman Sugars delivered exceptional Q3FY26 financial performance with total income growing 54% year-on-year to ₹649.47 crores and net profit after tax surging 68% to ₹48.39 crores. The company maintained strong growth momentum in its nine-month performance with total income reaching ₹1,650.35 crores and earnings per share increasing significantly across both quarterly and nine-month periods.
17Dec 25
B Saravanan Files Rectified Disclosure for Share Acquisition in Bannari Amman Sugars
B Saravanan submitted a rectified disclosure under SEBI Regulation 29(1) for his acquisition of 4,900 shares in Bannari Amman Sugars Limited through off-market transaction on September 11, 2025. His individual holding increased to 1.44% while the collective holding with persons acting in concert remains at 58.70% of the company's total share capital.
07Nov 25
Bannari Amman Sugars Reports 180% Surge in Q2 Net Profit, Revenue Up 37%
Bannari Amman Sugars Limited announced a significant financial improvement for Q2 FY2026. Net profit surged 180% quarter-on-quarter to ₹42.70 crores, while revenue from operations increased by 36.6% to ₹571.65 crores. The company's half-year net profit rose 42.4% year-on-year to ₹57.95 crores. Segment-wise, Sugar contributed ₹596.18 crores, Power ₹150.13 crores, Distillery ₹69.45 crores, and Granite Products ₹4.93 crores to the total revenue. The company's total assets stood at ₹2,180.33 crores with total equity of ₹1,821.66 crores as of September 30, 2025.
24Oct 25
Bannari Amman Sugars Appoints Sowmya Sitaram as Independent Woman Director
Bannari Amman Sugars Limited (BASL) has appointed Smt. Sowmya Sitaram as a Non-Executive Woman Independent Director for a five-year term from September 11, 2025, to September 10, 2030. Smt. Sitaram, with over 37 years of legal experience, specializes in civil disputes and serves as a legal advisor for various banks and organizations. The appointment was approved by shareholders through a postal ballot, with 99.99% of votes in favor. This move aligns with BASL's commitment to diversity and strong corporate governance.
22Sept 25
Bannari Amman Sugars Seeks Shareholder Approval for Appointment of Smt. Sowmya Sitaram as Independent Director
Bannari Amman Sugars Limited has initiated a postal ballot for the appointment of Smt. Sowmya Sitaram as a Non-Executive Woman Independent Director. The proposed five-year term runs from September 11, 2025, to September 10, 2030. Smt. Sitaram, 63, brings 37 years of legal experience. Electronic voting will be held from September 24 to October 23, 2025, with results expected by October 25, 2025. The Board recommends her appointment, citing her integrity, expertise, and potential benefit to the company.
26Aug 25
Arisinfra and Merusri Developers Unveil ₹250+ Crore Villa Project in Bengaluru
Arisinfra and Merusri Developers have partnered to launch Merusri Sunscape, a premium villa community on Bengaluru's IVC Road. The project covers approximately 275,000 square feet with a saleable area of 235,000 square feet. The gross development value exceeds ₹250 crore, making it a significant addition to Bengaluru's high-end real estate market.
22Aug 25
Bannari Amman Spinning Mills Allots ₹15 Crore Convertible Warrants to Promoter Entity
Bannari Amman Spinning Mills has allotted 41.66 lakh convertible equity warrants worth ₹15 crore to Murugan Enterprise Pvt Ltd, a promoter entity, on a preferential basis. This move suggests potential increase in promoter shareholding, capital infusion for the company, and indicates promoter confidence in the firm's future prospects.
06Aug 25
Bannari Amman Sugars Reports 137% Surge in Q1 Net Profit, Revenue Rises 5%
Bannari Amman Sugars Limited has reported a significant increase in its Q1 financial performance. Net profit surged 137% YoY to ₹152.00 crore, while revenue grew 5% to ₹420.00 crore. EBITDA increased to ₹36.60 crore, with the EBITDA margin improving to 8.73%. The sugar segment, the company's primary business, showed robust growth of 7.40% YoY. Profit Before Tax rose to ₹24.30 crore from ₹9.82 crore, and finance costs reduced significantly to ₹1.05 crore from ₹6.48 crore.
28May 25
Bannari Amman Sugars Reports Strong Q4 Results, Recommends Dividend
Bannari Amman Sugars announced impressive Q4 financial results, with revenue rising 17.34% to ₹4.94 billion and net profit soaring 61.28% to ₹351.60 million year-over-year. EBITDA increased to ₹530.20 million, though the EBITDA margin slightly decreased. The company recommended a dividend of ₹12.50 per equity share, reflecting its strong performance and commitment to shareholder returns.
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25.14
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4,019.70
(-5.21%)
497.95
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