Sambandam Spinning Mills News

Sambandam Spinning Mills Credit Rating Downgraded

Infomerics downgrades Sambandam Spinning Mills' credit ratings for Rs. 103.57 crore bank facilities and Rs. 12.00 crore fixed deposits from BB+ to BB and A4+ to A4 respectively.

Sambandam Spinning Mills Board Meet on Feb 14, 2026

Sambandam Spinning Mills Limited announces board meeting on February 14, 2026 to consider Q3FY26 unaudited financial results. Trading window closed till 48 hours post results declaration.

Sambandam Spinning Mills Reports Quarterly Loss of ₹82.74 Lakhs

Sambandam Spinning Mills Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported a loss before tax of ₹82.74 lakhs for the half year period, compared to a loss of ₹497.91 lakhs in the same period last year. The board meeting was held on November 11, 2025, where directors approved both standalone and consolidated financial results. The company's total assets stood at ₹25,778.55 lakhs as of September 30, 2025, compared to ₹25,301.18 lakhs as of March 31, 2025. Cash and cash equivalents increased to ₹20.01 lakhs from ₹4.65 lakhs. The results were subject to limited review by auditors P.N. Raghavendra Rao & Co.

Sambandam Spinning Mills Reports Q1 FY2026 Results, Schedules 51st AGM for September 2025

Sambandam Spinning Mills Limited approved its unaudited financial results for the quarter ended June 30, 2025. The board scheduled the company's 51st Annual General Meeting for September 20, 2025, to be conducted through video/audio visual means at the registered office in Salem, Tamil Nadu. The company appointed M/s KUVS & Associates as Secretarial Auditor for a five-year term starting from 2025-26. The financial results include both standalone and consolidated statements, with the consolidated results incorporating the company's associate SPMM Health Care Services Private Limited. The company operates primarily in manufacturing and sale of yarn and related products.