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Bannari Amman Spinning Mills Ltd.

Bannari Amman Spg

NSE

0.00

0.00 (0.00)%

Textiles

Small-cap

With a market cap of ₹18.90L Cr.

Moderate Volatility
Stock is 1.13x as volatile as index
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Subsidiaries

Sakthi Sugars Ltd.
SAKHTISUG
NSE
Sugar
0.00
0.00%
Bannari Amman Sugars Ltd.
BANARISUG
NSE
Sugar
0.00
0.00%
Bannari Amman Spinning Mills Ltd.
BASML
NSE
Textile - Spinning
0.00
0.00%
Shiva Texyarn Ltd.
SHIVATEX
NSE
Textile - Spinning
0.00
0.00%
Sakthi Finance Ltd.
SAKTHIFIN
NSE
Finance - NBFC
0.00
0.00%

Management

1. S V Arumugam
Chairman & Managing Director
1. S V Arumugam
Chairman & Managing Director
2. K R Thillainathan
Non Executive Independent Director
3. S Palaniswami
Non Executive Independent Director
5. S Sihamani
Non Executive Independent Director
6. C Sivasamy
Non Executive Independent Director
7. K P Ramakrishnan
Non Executive Independent Director
8. Priya Bhansali
Non Executive Independent Director
9. N Krishnaraj
Company Secretary & Compliance Officer
10. Tharanipathy Rajkumar
Independent Director
11. SK Sundararaman
Non Independent & Non Executive Director
12. Sadhana Vidhya Shankar
Independent Director

Contact Information

Company Address

252, Mettupalayam Road, ,
Coimbatore, Tamil Nadu - 641043
www.bannarimills.com
shares@bannarimills.com

Registrar

MUFG Intime India Pvt Ltd.
C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai(Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra
Phone: +91 810 811 8484
Email: helpdesk@linkintime.co.in
Website: https://in.mpms.mufg.com/
MUFG Intime India Pvt Ltd.
Coimbatore Branch Surya , 35 Mayflower Avenue,Behind Senthil Nagar,Sowripalayam Road,Coimbatore
Phone: 0422-2314792
Email: coimbatore@intimespectrum.com
Website: https://in.mpms.mufg.com/

Company Profile

Bannari Amman Spinning Mills was incorporated as Shiva Textiles (CBT) Limited on July 10, 1989 under the Companies Act, 1956 and changed name to “Bannari Amman Spinning Mills Ltd.“ on October 11, 1991 and commenced its commercial operations in the year 1995

Since inception the company has evolved to be a leader in cotton yarn spinning in South India, Commanding a premium in the market for its products. As on March 31, 2007, it has two factories for yarn spinning housed in around 7.85 lakh square feet in Tamil Nadu with an installed capacity of more than 1,35,000 spindles. The spinning division is in Dindigul, Tamil Nadu. The weaving division located in Coimbatore, Tamil Nadu, has an installation of 135 Sulzer projectile wider width Looms, in a working space of 2.2 lakh sq feet. The Company now also has a technical textile division comprising of coating, flocking and lamination units.

The Weaving Division- It specializes in manufacturing wider-width cotton fabric up to 140 inches in the 500 TC to 1000 TC (thread count) range. It has Sulzer projectile wider -width looms with the capability to weave across a range of fibers and counts in an economic manner. It produces with 2, 4 and 8 pick insertions, with maximum warp density of 110 ends/cm (280ends/inch) with warp counts upto 100s Ne. It had dobby looms also in wider width. Currently 35 looms have been specially modified for ultra fine count weaving. It also has 93 Jumbo looms capable of producing jointless fabric rolls in excess of 3000 metres in length. These looms are used mainly for industrial fabrics.

Lamination Division-Bannari has installation of a Gravure roll based moisture cured Poly Urethane lamination system. This unit can bond different types of fabrics together for advanced applications. PUR technology is used which is the most advanced lamination technology in the world and also is the technology of choice in the Western World. The unit has a capacity to laminate more than 300,000 metres of fabric per month upto a width of 1.9 metres.

The Company has installed four windmills of 1250 kilovolt-ampere (KVA) each totalling five megawatt (MW) in Tirunelveli District, Tamilnadu and 14 windmills of 800 kilowatt (KW) capacity totaling 11.20 MW at Dharapuram Taluk, Erode District, Tamilnadu.

BASML exports cotton yarn to countries like Turkey, Egypt, Korea, Honkong, Singapore and Poland.

Product range:

  • Quick Dry - A bed protector for beds wherever babies and the elderly sleep. ie., waterproof, breathable, absorbent, soft, reusable, anti allergic, durable & more...
  • Allied Products
  • Reusable - Adult and baby diapers, Breathable & waterproofed, with biodegradable single use pads
  • Flock blankets Fluffiest, lightest, softest & warmest, blankets in the world, only manufacturer in SE Asia. Combed & Carded ring spun yarn from 6/s to 40/s count, hosiery yarn

Divisions

  • Spinning Division is capable of producing more than 60 tonnes/day of Combed & Carded ring spun yarn from 6/s to 40/s count. Mainly hosiery yarn for knitting market.
  • Weaving Division - One of the quality Fabric producing facility in India having the capability to produce all kinds of woven fabrics in 100% cotton, in various thread counts (TC) ranging from 500 TC to 1000 TC, in wider width upto 140 inches,with warp counts upto 90s Ne, with 250 threads in 1 inches and weft counts upto 120s Ne, with 2, 4 and 8 pick insertions.
  • Wind Mill Division
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