Latest news about Polyspin Exports
Polyspin Exports
30.50
+0.43(+1.43%)
Company Performance:
View Company Insights1D+1.43%
1M+0.43%
6M-9.12%
1Y-15.09%
5Y-51.97%
More news about Polyspin Exports
29May 26
Polyspin Exports authorizes MD to determine materiality of events
Polyspin Exports Limited authorized Smt. Durga Ramji, Managing Director, to determine the materiality of events for disclosure to stock exchanges following the demise of Shri R. Ramji. The board approved this authorization at its meeting on May 29, 2026. Smt. Durga Ramji joins the Chief Financial Officer and Company Secretary in advising on disclosures.
29May 26
Polyspin Exports sets book closure from Aug 15 for 41st AGM
Polyspin Exports Limited announced a book closure from August 15 to August 20, 2026, for its 41st Annual General Meeting on August 21, 2026. Shareholders must be on record by August 14, 2026, to vote electronically. The announcement was made in compliance with SEBI regulations.
18May 26
Polyspin Exports Schedules Board Meeting on May 29, 2026 to Approve Q4 and Full-Year FY26 Financial Results
Polyspin Exports has scheduled a Board of Directors meeting for May 29, 2026, at 10:30 A.M. at its Administrative Office in Rajapalayam, Tamil Nadu, to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The intimation has been filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Trading Window will remain closed for Directors and designated persons until May 31, 2026.
03May 26
Polyspin Exports Limited Announces Demise of Managing Director Rammohanraja Ramji
Polyspin Exports Limited announced the sudden demise of Shri Rammohanraja Ramji, Promoter & Managing Director, who passed away on May 3, 2026 at 2.57 A.M. He had served as Managing Director since April 1, 2013, providing crucial leadership to the company. The company has complied with SEBI disclosure requirements, and as per regulations, he will cease to be a Promoter following his demise.
24Apr 26
Polyspin Exports Opens Special Window for Physical Share Transfer and Dematerialization
Polyspin Exports Limited has opened a special window from February 05, 2026 to February 04, 2027 for transfer and dematerialization of physical shares under SEBI circular dated January 30, 2026. The facility is exclusively for securities sold or purchased prior to April 01, 2019. The company published notices in Business Line and Dinamalar newspapers on April 24, 2026 and shared information through social media platforms. Shareholders must submit transfer deeds, original certificates and other required documents to the company's Rajapalayam office by February 04, 2027.
17Apr 26
Polyspin Exports Limited Confirms Non-Large Corporate Status Under SEBI Framework
Polyspin Exports Limited disclosed to BSE that it does not qualify as a Large Corporate under SEBI's October 2023 circular. With outstanding long-term borrowings of Rs. 28.47 Crores and a BB+ Stable credit rating from CARE Ratings, the company falls well below the required thresholds of Rs. 1000 Crores borrowings and AA/AA+/AAA credit rating. The formal disclosure was submitted on April 17, 2026, signed by Company Secretary A. Emarajan and CFO S. Seenivasa Varathan.
03Apr 26
Polyspin Exports Limited Submits SEBI Compliance Certificate for Q4FY26
Polyspin Exports Limited filed its Q4FY26 certificate under SEBI Regulation 74(5) on April 03, 2026, confirming compliance with dematerialisation procedures. The certificate, issued by registrar Integrated Registry Management Services Private Limited, validates that securities received for dematerialisation during the quarter ended 31st March 2026 were properly processed, with certificates mutilated and cancelled within prescribed timelines.
02Apr 26
Polyspin Exports Limited Receives Credit Rating Reaffirmation from CARE Ratings
Polyspin Exports Limited received credit rating reaffirmation from CARE Ratings Limited, maintaining CARE BB+ Stable for long term facilities and CARE A4+ for short term facilities. The total facility amount was enhanced to ₹136.57 crores, with long term facilities increased to ₹24.35 crores and short term facilities to ₹112.22 crores. The rating review was based on the company's FY25 and 9MFY26 performance.
10Mar 26
Polyspin Exports Appoints S. Pasupathy as President – Marketing & Advisor
Polyspin Exports Limited appointed Mr. S. Pasupathy as President – Marketing & Advisor effective March 16, 2026, following Board approval on March 10, 2026. The appointment brings 33 years of extensive commercial experience from Karur KCP Packagings Limited, where he served as General Manager – Commercial from 1992. Mr. Pasupathy holds a Bachelor's Degree in Commerce and has demonstrated expertise in project management, marketing initiatives, and developmental measures, strengthening the company's senior management team.
16Feb 26
Polyspin Exports Reports Q3 FY26 Results with Regulatory Compliance Under SEBI Regulations
Polyspin Exports Limited announced mixed Q3 FY26 performance with standalone revenue declining to ₹5,379.25 lakhs but net profit doubling to ₹60.60 lakhs. The company demonstrated regulatory compliance by publishing financial results in English and Tamil newspapers under SEBI Regulation 47, while consolidated earnings per share reached ₹5.07 for nine months.
27Dec 25
Polyspin Exports Gets Tribunal Order on ₹3.31 Cr Duty Demand Case
Polyspin Exports Limited informed BSE about a tribunal order regarding a ₹3.31 crore duty demand case. The Customs, Excise and Service Tax Appellate Tribunal remanded the case back to the Original Adjudicating Authority for fresh consideration, set aside all imposed penalties, and mandated that the appellant be given sufficient opportunity to be heard. The duty demand relates to raw material consumption above the Standard Input Output Norm fixed by DGGT, spanning from June 2008 to March 2015 across six show cause notices.
14Nov 25
Polyspin Exports Posts Strong Q2 Results with 72% Jump in Consolidated Net Profit
Polyspin Exports Limited has reported impressive Q2 financial results, with revenue from operations reaching Rs. 5,887.08 crore, a 2.63% increase from Q1. The company's consolidated net profit surged by 72.74% quarter-on-quarter to Rs. 242.00 crore. Profit before tax from continuing operations rose by 14.39% to Rs. 180.88 crore. The company's focus on Flexible Intermediate Bulk Container (FIBC) operations, following the discontinuation of its textile division, has contributed to this strong performance. Earnings per share increased to Rs. 2.42, up 72.86% from Q1.
13Aug 25
Polyspin Exports Reports 162% Surge in Q1 Net Profit, Driven by Strong Performance in FIBC Segment
Polyspin Exports Limited reported a significant increase in financial performance for Q1 ended June 30. Standalone net profit rose 162% to Rs 114.15 lakhs from Rs 43.52 lakhs in the previous quarter. Revenue from operations slightly declined to Rs 5,736.20 lakhs. Consolidated net profit reached Rs 140.09 lakhs. FIBC segment profit before tax and finance cost increased to Rs 331.47 lakhs. Basic EPS stood at Rs 1.14 for standalone and Rs 1.40 for consolidated operations. The company discontinued its Cotton Yarn operations in June 2023.
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