Corporate Announcement
Security Code : 532674    Company : BASML    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     25/05/2016 15:28:09
Bannari Amman Spinning Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 25, 2016, inter alia, have decided to:

1. make M/s. Accel Apparels Private Limited a wholly owned subsidiary of the Company by investing in 5,000 Equity shares of Rs. 10/- each, to implement a Garment Project in the near future and

2. make M/s. Abirami Amman Mills Private Limited a wholly owned subsidiary of the Company by investing in 1,00,000 equity shares of Rs. 10/- each, to carry on the trading in yarn, fabrics etc.,
 

Disclaimer

Back To Announcements