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Bannari Amman Spinning Mills > Company History > Textiles - General > Company History of Bannari Amman Spinning Mills - BSE: 532674, NSE: BASML
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Bannari Amman Spinning Mills

BSE: 532674|NSE: BASML|ISIN: INE186H01014|SECTOR: Textiles - General
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Company History - Bannari Amman Spinning Mills
HISTORY
 
 Our Company was incorporated as Shiva Textiles (CBT) Limited. 
 on July 10, 1989 under the Companies Act, 1956 and was issued 
 a Certificate of Commencement of Business on September 14, 1989. 
 The name of our Company was changed to Bannari Amman 
 Spinning Mills Ltd. on October 11,1991.
 
 Major Events
 
 Year                                        Event
 
 September 14, 1989               Commencement of operations
 January 8, 1997                      First Export Order
 October 20, 2001                   ISO 9001:2000 given by DET 
                                                 NORSKE VERITAS
 
 May 14, 2002                        Registration as an export house
 December 15, 2004              Commencement of weaving division
 September, 2004                   Erection of windmills
 
 2006
 
 -Company recommended a Dividend @ 20% on the Equity Share Capital of
 the Company for the Year ended March 31, 2006.
 
 2007
 
 - Bannari Amman Spinning - E-mail ID for Investors' Complaints are
 shares@bannaritex.com.
 
 2009
 
 -Company recommended a dividend of Re 1/- per share (10% on Equity
 Share Capital of the Company) for the financial year 2008-2009
 
 2011
 
 - Company recommended a Dividend of Rs 2.00 per share (20% on Equity
 Share Capital of the company) for the financial year 2010-11
 
 2013
 
 -The Company has recommended a dividend of Rs. 2/- (Rupees two only)
 per share
 
 2014
 
 -The Company have appointed Smt S Sihamani as Women Director of the
 Company 
 -The Companys wholly owned subsidiary Company Abirami Amman Mills
 Private Limited has entered Memorandum of Understanding with
 Tamilnadu Government for setting up of a Textile Project near
 Dindigul, Tamilnadu
 -The Company has recommended a dividend of Rs. 2/- (Rupees Two only)
 per share
 
 2015
 -Bannari Amman sets up new garment unit at Palladam.
 
 
 
 
Source : Dion Global Solutions Limited
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