Pasari Spinning Mills News

Pasari Spinning Mills Receives Court Sale Order

Pasari Spinning Mills Limited receives Proclamation of Sale from Commercial Court, Mysuru in execution proceedings initiated by Cotton Corporation of India for recovery of alleged dues.

Pasari Spinning Mills Reports Quarterly Results and Addresses BSE Fine for Regulatory Non-Compliance

Pasari Spinning Mills Limited approved its unaudited standalone financial results for the quarter ended September 30, 2025, and addressed a BSE fine of Rs. 11,800 imposed for delayed board meeting intimation under SEBI regulations. The company's board acknowledged the inadvertent one-day delay in filing requirements and committed to ensuring future compliance, while auditors highlighted pending litigation with Cotton Corporation of India involving Rs. 27.03 crores.

Pasari Spinning Mills Reports Quarterly Financial Results for Quarter Ended June 30, 2025

Pasari Spinning Mills Limited's Board of Directors approved unaudited standalone financial results for the quarter ended June 30, 2025. The company reported total income of ₹16.93 lacs compared to ₹17.06 lacs in the previous quarter and ₹17.07 lacs in the same quarter last year. Net profit for the period was ₹9.38 lacs. Basic earnings per share stood at ₹0.08 for the quarter. The company's paid-up equity share capital remained at ₹1,380.00 lacs with a face value of ₹10 per share. The board meeting was held on August 12, 2025, and the results were reviewed by the Audit Committee. The financial results were prepared in accordance with Indian Accounting Standards and received a limited review report from statutory auditors RAO & EMMAR.