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Sambandam Spinning Mills Ltd
NSE: SAMBANDAM BSE: 521240
₹114.45
(0.85%)
Thu, 10 Sept 2026, 11:04 pm
Market Cap (in Cr)51.32
PE Ratio0
Dividend0
Process Industries
Textiles
24.5KCompany History
1973
- Sambandam Spinning Mills Limited was incorporated as a private limited Company.
1974
- The Unit at Salem commenced commercial production with an installed capacity of 3,300 spindles.
- Unit I was started.
1980
- The spindleage of Unit I was expanded to 15,000.
1988
- The expansion programme to increase the spindleage of Unit I to 25,220 was completed.
1989
- The Company became a deemed public limited company.
1990
- The second unit at Ayeepalayam was started with an installed capacity of 5,760 spindles.
1993
- The capacity of Unit II was expanded to 12480 spindles.
1994
- The Company became a full-fledged Public Company.
1996
- The textile industry faced a trying period due to high cotton prices and unremunerative yarn prices.
2005
- The Company has recommended a dividend of Rs 5/- per share of face value of Rs 10/-
2006
- The Company has recommended a dividend of Rs 6.50 per share of face value of Rs 10/- including a special dividend of Rs 0.50 per share.
2007
- The Company has recommended a dividend of Rs 6.00 per share of face value of Rs 10 each.
2008
- The Company has recommended a dividend of Rs 2.50 per share of face value of Rs 10 each.
2011
- The Company has recommended a final dividend of Rs. 2 per equity share of Rs. 10 each.
2012
- The company recommended a dividend of Rs. 2 per equity share.
2014
- The Board inducted Sri S. Gnanasekharan as an independent director.
2020
- The company purchased Plant and Machinery from Kandagiri Spinning Mills Ltd.