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Bannari Amman Sugars Limited held its 42nd Annual General Meeting on September 23, 2026. Shareholders approved the financial statements, a dividend, and director re-appointment.
The company has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, in compliance with SEBI regulations.
Bannari Amman Sugars Limited has issued the notice for its 42nd Annual General Meeting scheduled for September 23, 2026, and released its annual report.
Bannari Amman Sugars received a GST Show Cause Notice demanding ₹29.76 Crore for FY 2020-21. The notice alleges excess Input Tax Credit availment across tax, interest, and penalty.
The Madras High Court granted an interim stay on tax recovery proceedings of ₹12.72 Crore against Bannari Amman Sugars. This filing corrects a previous administrative submission error.
Bannari Amman Sugars Ltd's board approved the alteration of its Memorandum of Association's Object Clause. The proposal requires shareholder approval at the upcoming AGM.
Bannari Amman Sugars Ltd reported revenue from operations of ₹172.4 Cr (-58.8% YoY) and a net loss of ₹10.9 Cr for Q1 FY27.
The Madras High Court granted an interim stay on recovery proceedings of Rs. 12.72 Crore initiated by the District Collector regarding electricity tax.
Bannari Amman Sugars has scheduled a board meeting on August 14, 2026, to consider its unaudited standalone financial results for the quarter ended June 2026.
Bannari Amman Sugars disclosed a fresh tax recovery claim of Rs.12.72 Cr from the Erode District Collector. The company is consulting legal counsel to challenge the proceedings.
Bannari Amman Sugars reported a cyber security incident at its Distillery Unit. The attack was addressed immediately with no impact on routine operations.
Bannari Amman Sugars re-appointed M/s. B M & Associates, Nandhakumar & Sundaran, and Mr. M Nagarajan as auditors. All appointments are for 12-month terms starting April 2026.
Bannari Amman Sugars Ltd reported revenue from operations of ₹282.3 Cr (-42.8% YoY) and net profit of ₹41.6 Cr (+18.2% YoY) for Q4 FY26.
Bannari Amman Sugars reported its audited FY26 financial results and recommended a dividend of ₹12.50 per share. Net profit for the period reached ₹147.92 Crore.
Mr. S Sathish Kumar resigned as Vice President Unit-2 effective February 27, 2026. The company accepted his resignation due to personal reasons.
Bannari Amman Sugars scheduled a board meeting for May 27, 2026. Directors will consider audited annual financial results and recommend a potential dividend.
Bannari Amman Sugars Limited filed its Annual Secretarial Compliance Report for fiscal year 2026. The report confirms full regulatory compliance with no adverse observations.
Mr. M Ponnuswami (DIN: 00015847) has resigned as an Independent Director of Bannari Amman Sugars Limited effective April 17, 2026. The resignation follows his inability to complete the mandatory online proficiency self-assessment test. He also ceased to be a member of the Stakeholders' Relationship and Risk Management Committees.
Bannari Amman Sugars Ltd submitted its initial disclosure under the SEBI Large Corporate framework for FY 2026. The company reported outstanding borrowings of ₹8.74 Crore and a credit rating of AA- from CARE Ratings. It confirmed it does not meet the 'Large Corporate' criteria for the specified period.