Sambandam Spinning Mills Share Price Today

Sambandam Spinning Mills shareholders pass all 52nd AGM resolutions

All nine resolutions at the 52nd AGM were passed with 99.99% vote support. Shareholders approved board restructuring, including two new independent directors. S. Dinakaran retained as Joint Managing Director despite age limit. Fixed deposit acceptance from members also approved by shareholders.

Sambandam Spinning Mills FY26 Results: Net loss narrows to ₹5.74 crore

Net loss narrowed 22.7% YoY to ₹5.74 crore from ₹7.43 crore in FY25. Revenue fell 1.8% to ₹2,636.6 crore amid steep yarn price declines. EBITDA grew 19.8% to ₹128.7 crore driven by operational efficiencies. Direct exports surged to ₹154.5 crore from ₹48.6 crore in previous year. No dividend recommended; AGM scheduled for September 18, 2026.

Sambandam Spinning Mills narrows FY26 net loss

Sambandam Spinning Mills Limited reported a narrowed net loss of ₹574.20 lakh for the year ended March 31, 2026, compared to a loss of ₹743.31 lakh in the previous year. Revenue from operations stood at ₹26,366.45 lakh, while total expenses decreased to ₹27,247.60 lakh. The board appointed auditors for FY 2026-27 and confirmed no outstanding defaults on loans.

Sambandam Spinning Mills Schedules Board Meeting on May 23, 2026 to Approve Q4 and Full-Year FY26 Financial Results

Sambandam Spinning Mills has intimated the BSE of a Board of Directors meeting scheduled for May 23, 2026, at its Salem premises. The meeting will take up the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The filing, dated May 11, 2026, has been made under Regulation 29 and 33 of the SEBI (LODR) Regulations, 2015. The trading window for the company's securities will remain closed until 48 hours after the results are declared.

Sambandam Spinning Mills Reports Credit Rating Downgrade with Detailed Reasons

Sambandam Spinning Mills Limited reported credit rating downgrades by Infomerics across all facility categories, with bank facilities worth Rs. 103.57 crore and fixed deposits of Rs. 12.00 crore being downgraded due to weak liquidity metrics and debt protection in FY25. The rating agency cited susceptibility to raw material price volatility and working capital intensive operations as key constraints, while acknowledging management experience and established textile industry presence as supporting factors.

Sambandam Spinning Mills Limited Schedules Board Meeting on February 14, 2026 for Q3FY26 Financial Results

Sambandam Spinning Mills Limited has scheduled a board meeting for February 14, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3 ended December 31, 2025. The meeting will be conducted via video conference from the company's Salem mill premises. Trading window restrictions are in effect until 48 hours post-results declaration for compliance with SEBI insider trading regulations.