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An update from Bannari Amman Spinning Mills Limited ( (IN:BASML) ) is now available.
Bannari Amman Spinning Mills has clarified that a discrepancy in its XBRL submission for the quarter ended 30 September 2025 arose from an inadvertent selection of half-yearly instead of quarterly reporting during the filing process. The company stressed that the standalone and consolidated financial results approved by the board and filed in PDF format were accurate and fully compliant with regulatory requirements.
The company has now submitted a revised XBRL filing reflecting the correct quarterly figures and received an acknowledgment from the exchange’s system. Management has expressed regret for the error, assured greater vigilance in future filings, and requested the exchange to take the corrected submission on record, aiming to preserve transparency and maintain investor and regulatory confidence.
More about Bannari Amman Spinning Mills Limited
Bannari Amman Spinning Mills Limited is an India-based textile company operating in the spinning and related yarn manufacturing segment. Headquartered in Coimbatore, Tamil Nadu, it focuses on producing cotton yarn and related textile products for domestic and export markets, serving apparel and fabric manufacturers across the value chain.
Average Trading Volume: 11,284
Technical Sentiment Signal: Sell
Current Market Cap: 1.99B INR
Find detailed analytics on BASML stock on TipRanks’ Stock Analysis page.