Latest news about Patspin
Patspin
6.13
-0.25(-3.92%)
Company Performance:
View Company Insights1D-3.92%
1M-6.41%
6M-5.26%
1Y-34.72%
5Y-31.89%
More news about Patspin
11Aug 26
Patspin India Q1FY27 Results: Standalone figures approved by Board
Patspin India Limited approved its Q1FY27 standalone results on August 10, 2026. The unaudited figures were published in Business Line and Deepika on August 11, 2026, and are accessible via the company website and BSE portal.
28May 26
Patspin India reports widened net loss of Rs 1140 lakh in FY26
Patspin India Limited reported a widened net loss of Rs 1140 lakh for FY26 against Rs 979 lakh in FY25, with revenue from operations dropping to Rs 4652 lakh. The statutory auditor highlighted material uncertainty regarding the company's ability to continue as a going concern due to eroded net worth and debt servicing irregularities, despite management submitting a resolution plan to lenders.
05May 26
Patspin India Schedules Board Meeting on May 26, 2026 to Approve Audited Financial Results for Q4FY26
Patspin India has scheduled a Board of Directors meeting on May 26, 2026, to approve the Statement of Audited Financial Results for the quarter and year ended March 31, 2026, pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015. The trading window for designated persons and their immediate relatives has been closed from April 1, 2026, and will remain closed until 48 hours after the declaration of results, in line with SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was submitted to BSE Limited on May 5, 2026, and signed by Company Secretary Veena Vishwanath Bhandary.
06Apr 26
Patspin India Limited Clarifies Non-Applicability of Large Corporate Criteria for Debt Securities Issuance
Patspin India Limited has clarified to BSE that it does not qualify as a Large Corporate under SEBI Circular dated October 19, 2023, regarding debt securities issuance. The company confirmed through an official communication dated April 6, 2026, that disclosure requirements under the said circular are not applicable to its operations. Company Secretary Veena Vishwanath Bhandary signed the clarification letter, ensuring regulatory compliance transparency for stakeholders.
02Apr 26
Patspin India Limited Submits Q4 FY26 Compliance Certificate Under SEBI Regulations
Patspin India Limited filed its Q4 FY26 confirmation certificate under SEBI Regulation 74(5) on April 2, 2026. The certificate, issued by registrar Integrated Registry Management Services Private Limited, confirms compliance with dematerialization procedures and regulatory requirements for the quarter ended March 31, 2026.
02Apr 26
GTN Textiles Ltd Discloses Encumbered Shares in Patspin India Ltd for FY26
GTN Textiles Ltd disclosed its encumbered shareholding in Patspin India Ltd for FY26, revealing that 72,86,405 equity shares (23.57%) out of its total 46.21% holding remain pledged to Central Bank of India Consortium since July 2023 under an approved Resolution Plan. The disclosure, filed with BSE on April 2, 2026, confirms compliance with SEBI SAST Regulations 2011 and states no other encumbrances exist on the promoter's shareholding.
01Apr 26
Patspin India Ltd Reports Rs 24.37 Crore Default on Bank Loans
Patspin India Ltd disclosed defaults totaling Rs 24.37 crore on bank loans as of March 31, 2026, comprising Rs 16.67 crore in principal and Rs 7.71 crore in interest across three banks. The defaults represent 43% of the company's total outstanding borrowings of Rs 56.67 crore from Central Bank of India, State Bank of India, and Karur Vysya Bank.
07Feb 26
Patspin India Reports Wider Q3FY26 Loss of ₹321 Lakhs Amid Revenue Decline
Patspin India Limited reported a net loss of ₹321 lakhs for Q3FY26 compared to ₹276 lakhs in Q3FY25, despite revenue growth to ₹1,100 lakhs from ₹1,078 lakhs. For nine months FY26, net loss widened to ₹860 lakhs from ₹730 lakhs in the previous year. The company recognized exceptional items of ₹101 lakhs related to new Labour Code provisions and continues debt restructuring discussions with lenders.
05Jan 26
Patspin India Ltd Reports ₹19.48 Crore Default on Bank Loans as of December 2025
Patspin India Ltd disclosed defaults of ₹19.48 crores on bank loans as of December 31, 2025, comprising ₹13.33 crores in principal and ₹6.14 crores in interest. The defaults span across Central Bank of India, State Bank of India, and Karur Vysya Bank, representing 34.4% of the company's total outstanding borrowings of ₹56.67 crores. The textile company made this disclosure on January 5, 2026, in compliance with SEBI listing regulations.
07Nov 25
Patspin India Reports Widening Losses, Seeks Debt Restructuring Amid Financial Challenges
Patspin India Limited reported a net loss of Rs 3.03 crore for Q2, a 39.63% increase year-over-year. Revenue from operations improved to Rs 13.75 crore, up 22.88% quarter-on-quarter. The company has submitted a new resolution plan to lenders for debt restructuring, including moratorium on payments, interest rate reduction, and fresh working capital facility. Patspin plans to resume cotton yarn manufacturing to improve EBITDA levels and debt servicing capabilities.
05Aug 25
Patspin India Announces Leadership Changes and Q1 Financial Results
Patspin India Limited has appointed Shri Umang Patodia as the new Chairman, replacing Shri B.K. Patodia who becomes Chairman Emeritus. The company reported a total revenue of Rs. 1,143.00 lakhs for Q1 FY2026, down 20.79% year-over-year, with a net loss of Rs. 236.00 lakhs. Patspin plans to resume manufacturing cotton yarn and has submitted a debt restructuring plan to lenders.
05Aug 25
Patspin India Reports Q1 Loss, Announces Leadership Transition as B.K. Patodia Retires
Patspin India Limited reported a net loss of Rs 236.00 lakhs for Q1, with revenue declining to Rs 1,119.00 lakhs. B.K. Patodia retired as Chairman, with Umang Patodia appointed as the new Chairman. The company faces liquidity challenges and has submitted a debt restructuring plan to lenders, which includes moratorium on interest payments and fresh working capital facility. Patspin plans to resume cotton yarn manufacturing, anticipating improved demand in the Indian Textiles Industry.
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