Bannari Amman Spinning Mills has announced a board meeting to approve the financial results for the quarter and half-year.

The company reported a standalone net loss of ₹117.78 lakh for the year, impacted by discontinued operations and lower profitability.

No dividend has been declared, which may affect shareholder returns this cycle.

Key management updates include appointing a new Secretarial Auditor for five years and re-appointing the Cost and Internal Auditors.

The company remains focused on monetizing its garment and processing divisions.