Bannari Amman Spinning Mills Limited — Others, 09-05-2025: Copy of Newspaper Publication

Bannari Amman Spinning Mills Limited has announced a rights issue of up to 1.51 crore equity shares at ₹27 each, targeting a fund raise of about ₹40.71 Cr. Shareholders can subscribe to 10 shares for every 43 held. The issue price includes a ₹22 premium, significantly above face value. This capital infusion is aimed at strengthening the equity base to support the company’s expansion and growth initiatives. Subscription details and application procedures have been communicated to shareholders.