Binny Mills Limited has completed a significant share buyback of 6,05,204 equity shares from promoters, valued at Rs. 34.00 crores. The company reported a revenue of Rs. 632.18 lakhs and a net loss of Rs. 1,270.55 lakhs for the year. BSE approved the reclassification of six promoter entities to public shareholders, maintaining the overall shareholding structure. The company received a warning for delayed disclosure compliance. Board changes include new independent directors and a non-executive director appointment.
31Jul 25
Binny Mills Reports Widened Q1 Loss, Sets AGM Date for August 29
Binny Mills Limited reported a net loss of Rs 287.30 lakhs for Q1 FY2024, up 7.4% from the previous year. Total income decreased by 16.2% to Rs 130.46 lakhs. The company's EPS worsened to -Rs 11.55. Binny Mills maintains a negative net worth of Rs 22,858.79 lakhs. The board approved Q1 results and scheduled the 18th AGM for August 29, 2023, via video conference.