Bannari Amman Spinning Mills Limited has informed the Exchange about Rights update - Basis of Allotment - Copy of Newspaper Publication
BASML · price
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Awaiting price reaction for this filing.
Bannari Amman Spinning Mills has filed copies of newspaper advertisements related to the Basis of Allotment for its Rights Issue with the stock exchanges. The advertisements were published in three newspapers: Financial Express (English, national daily, all editions), Janasatta (Hindi, national daily, all editions), and Makkal Kural (Tamil, regional language). The filing dated June 6, 2025, was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The company's shares trade under the scrip codes BASML on NSE and 532674 on BSE.
This is a routine post-allotment regulatory disclosure confirming that the Rights Issue has reached the allotment stage. No fresh action is required from shareholders, and there is no immediate impact on stock price from this filing itself.