Pasari Spinning Mills Ltd (PASARI) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Pasari Spinning Mills Ltd on NSE and BSE, with an AI summary of each filing.
Reconstitution of Audit Committee, NRC and SRC
Others (Uncategorized) · 01 Nov 2026, 12:02 am
Pasari Spinning Mills Reconstitutes Key Board Committees Pasari Spinning Mills announced the reconstitution of its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee, effective post-board meeting on 30th Oct'26. The restructuring follows the resignation of Non-Executive Independent Director Ms. Sheela Arvind and the appointment of Ms. Bhavna Agrawal as Additional Non-Executive Independent Director. Ms. Agrawal assumes the Chairperson role across all three reconstituted committees, alongside members Mr. Byadarahally Lakshmaiah Pundareeka (Non-Executive Independent Director) and Mrs. Poonam Gupta (Non-Executive Non-Independent Director).
Change in Management as per the attachment
Change in Management · 31 Oct 2026, 3:47 am
Pasari Spinning Mills Announces Key Board Restructuring and Leadership Changes Pasari Spinning Mills approved key leadership changes effective 30th Oct'26. Mr. Kolagunda Kumar Siddappa resigned as Chairman and Non-Executive Non-Independent Director, alongside Ms. Sheela Arvind, who stepped down as Independent Director with no other material reasons cited. Concurrently, the Board appointed Mr. Prem Bharath Bist as an Additional Non-Executive Non-Independent Director, subject to shareholder approval within three months or at the next General Meeting. Mr. Bist brings textile and silk industry experience to the Board and is not related to any existing director.
Outcome of Board Meeting as detailed in the Attachment
Outcome · 31 Oct 2026, 2:46 am
Pasari Spinning Mills Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lacs) ■ Revenue: 0.0 (-99.9% YoY | -99.3% QoQ) ■ EBITDA: -2.8 (Profit to Loss YoY | +21.5% QoQ) ■ EBITDA Margin (%): -28,400 (Profit to Loss YoY | -2814507 bps QoQ) ■ PAT: -2.8 (Profit to Loss YoY | +21.5% QoQ) ■ EPS (INR): -0.02 (Profit to Loss YoY | +33.3% QoQ)
Appointment of Independent Director
Change in Management · 30 Oct 2026, 10:32 pm
Pasari Spinning Mills Appoints Bhavna Agrawal as Independent Director Pasari Spinning Mills Limited has approved the appointment of Ms. Bhavna Agrawal as an Additional Director (Non-Executive Independent) for a five-year term, effective 29th Oct'26. The appointment is subject to shareholder approval at the next General Meeting or within three months. A practicing Company Secretary since 2019, Ms. Agrawal brings expertise in corporate laws, compliance, and governance. She holds zero equity shares, is not related to any directors, and is not debarred by SEBI from holding board positions.
Pasari Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve Board meeting scheduled ....
Intimation · 30 Oct 2026, 5:30 am
Pasari Spinning Mills Schedules Board Meeting for Q2 FY27 Results Pasari Spinning Mills Limited has notified BSE that its Board of Directors will meet on 30th Oct'26 at its registered office in Bangalore at 3:00 PM. The board will consider and approve the quarterly and half-yearly unaudited financial results, along with the Limited Review Report, for the period ended 30th Sep'26.
Reappointment of Independent Director for the second consecutive term
Change in Management · 20 Sept 2026, 1:48 am
Pasari Spinning Mills Approves Re-Appointment of Independent Director Shareholders of Pasari Spinning Mills Limited approved the re-appointment of Mr. Byadarahally Lakshmaiah Pundareeka as a Non-Executive Independent Director for a second consecutive five-year term at their meeting held on 19th Sep'26. The tenure is effective from 20th Sep'26 through 19th Sep'31, and he will not be liable to retire by rotation. The company confirmed that the appointee is not debarred or disqualified from holding directorial office under any SEBI or statutory order and holds no relationship with other directors.
Annual General Meeting
Annual General Meeting · 20 Sept 2026, 12:50 am
The AGM held through Audio Video means wherein the deemed place of meeting is registerd office of the company
Annual General Meeting · 19 Sept 2026, 11:34 pm
Annual Report 31.03.2026
Others (Uncategorized) · 29 Aug 2026, 11:20 pm
Book closure and Cut off date
Annual General Meeting · 29 Aug 2026, 10:38 pm
Pasari Spinning Mills Sets AGM Dates and Member Register Closure Pasari Spinning Mills will hold its Annual General Meeting (AGM) via video conference on 19 Sep '26. The company has fixed 11 Sep '26 as the cut-off date to determine member eligibility for remote e-voting. Consequently, the Register of Members will remain closed from 11 Sep '26 to 19 Sep '26, inclusive, for the purpose of the AGM. This notice is pursuant to SEBI Listing Regulations and the Companies Act, 2013. The meeting will address business for the financial year 2025-2026.
Annual General meeting of the company scheduled to be held on 19.09.2026
Annual General Meeting · 29 Aug 2026, 8:44 pm
Board meeting for approval of Quarter 1 Financials and reappointment of Internal auditor of the company
Outcome · 12 Aug 2026, 11:23 pm
Pasari Spinning Mills Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lacs) ■ Revenue: 0.0 ■ EBITDA: -5.0 (-30.9% YoY | +54.3% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: -3.6 (Profit to Loss YoY | +34.4% QoQ) ■ EPS (INR): -0.03 (Profit to Loss YoY | +25.0% QoQ)
Pasari Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Board meeting
Intimation · 12 Aug 2026, 5:30 am
Pasari Spinning Mills Schedules Board Meeting for Q1FY27 Results Pasari Spinning Mills Limited has scheduled a Board Meeting for 12 Aug'26 to consider and approve the company's unaudited financial results for the quarter ending 30 Jun'26. The meeting will be held at 3:00 PM at its registered office in Bangalore. This announcement signals the upcoming release of key quarterly performance data, which will be critical for assessing the company's financial health and operational efficiency for the first quarter of the fiscal year.
Financial results for the Quarter ending and year ending 31.03.2026
Financial Result · 29 May 2026, 11:44 pm
Pasari Spinning Mills Reports Q4FY26 Loss, FY26 Profit Declines Amid Legal Dispute Pasari Spinning Mills reported a Q4FY26 net loss of ₹5.52 lakh versus a profit of ₹9.21 lakh YoY. Total income for the quarter fell 67.6% YoY to ₹5.52 lakh. For the full year FY26, net profit declined 22.4% YoY to ₹27.96 lakh, while total income decreased 22.4% to ₹53.25 lakh. The profit decline is attributed to reduced rental income following a court order. The auditor highlighted a material uncertainty regarding the company's going concern status due to an ongoing legal dispute with Cotton Corporation of India.
Outcome of the Board Meeting for approval of Financials for Quarter ending and Year ending 31.03.2026
Outcome · 29 May 2026, 9:40 pm
Pasari Spinning Mills Ltd - Financial Result for the Quarter ended 31st Mar'26 (Standalone, INR Lakh) ■ Revenue: 5.5 (-67.6% YoY | -64.2% QoQ) ■ EBITDA: -5.5 (Profit to Loss YoY | Profit to Loss QoQ) ■ EBITDA Margin (%): -100 (Profit to Loss YoY | Profit to Loss QoQ) ■ PAT: -5.5 (Profit to Loss YoY | Profit to Loss QoQ) ■ EPS (INR): -0.04 (Profit to Loss YoY | Profit to Loss QoQ)
Pasari Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Board Meeting Intimation ....
Intimation · 29 May 2026, 5:30 am
Pasari Spinning Mills Board Meeting to Approve FY26 Results Pasari Spinning Mills Ltd has scheduled a Board Meeting on 29th May'26 to consider and approve its audited financial results. The agenda covers the quarter and fiscal year ending 31st Mar'26. This meeting will be crucial for assessing the company's financial performance over the period.
Disclosure under Regulation 31(4) of SEBI(SAST) REGULATION, 2011
Others (Uncategorized) · 06 Apr 2026, 7:26 pm
Pasari Spinning Mills: Promoter Group Confirms No Share Encumbrance Pasari Spinning Mills disclosed on 06 Apr'26 that its Promoter and Promoter Group, led by MD Krishna Kumar Gupta, did not create any encumbrance on their shareholdings, directly or indirectly, during the financial year ended 31st Mar'26. This declaration was filed under Regulation 31(4) of SEBI (SAST) Regulations, 2011. The filing confirms that promoter shares remain free of pledges or liens for the specified period, a positive indicator of the promoter group's financial stability and confidence in the company.
Clarification on Price Movement
Others (Uncategorized) · 24 Mar 2026, 5:49 pm
Pasari Spinning Mills Clarifies Recent Share Price Movement Pasari Spinning Mills responded to the BSE on 24th Mar'26 regarding the significant share price movement on 21st Mar'26. The company stated it is not aware of any undisclosed information or impending announcement that could influence the stock's price or volume. It confirmed all material information required under SEBI regulations has been disclosed. Management attributes the price volatility purely to market forces, broader macroeconomic factors, and geopolitical developments, asserting it is market-driven and not company-specific.
The Exchange has sought clarification from Pasari Spinning Mills Ltd on March 23, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....
Others (Uncategorized) · 23 Mar 2026, 11:26 pm
Board meeting for approval of Quarterly Unaudited financials
Outcome · 12 Feb 2026, 10:13 pm
Pasari Spinning Mills Limited - Financial Result for the Quarter ended 31st Dec'25 (Standalone, INR Lacs) ■ Revenue: 15.4 (-9.8% YoY | +0.1% QoQ) ■ EBITDA: 10.4 (-21.8% YoY | -5.1% QoQ) ■ EBITDA Margin (%): 67.6 (-1043 bps YoY | -373 bps QoQ) ■ PAT: 8.5 (-24.0% YoY | -6.1% QoQ) ■ EPS (INR): 0.06 (-25.0% YoY | -14.3% QoQ)
Pasari Spinning Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve Unaudited financial results ....
Intimation · 12 Feb 2026, 5:30 am
Pasari Spinning Mills Schedules Board Meeting for Q3 FY26 Results Pasari Spinning Mills will hold a Board Meeting on 12th Feb'26 to consider and approve its unaudited financial results for the quarter ended 31st Dec'25. The company initially submitted the meeting intimation on 07th Feb'26 via XBRL but faced technical issues with the BSE portal when attempting a simultaneous PDF upload. The PDF submission was consequently completed on 09th Feb'26 after multiple failed attempts on 07th and 08th Feb'26 due to OTP generation errors.
Resubmission of order copy
Others (Uncategorized) · 15 Jan 2026, 3:02 am
Pasari Spinning Mills Obtains Stay on Property Auction Pasari Spinning Mills announced it has successfully obtained a stay from the High Court of Karnataka on 06 Jan'26 against a proclamation of sale. The Commercial Court, Mysuru, had scheduled a public auction of the company's Nanjangud industrial property for 12 Jan'26. This action stemmed from a claim by The Cotton Corporation of India Ltd. for Rs. 70.3mn. The stay on auction proceedings is conditional upon Pasari Spinning Mills furnishing security to the satisfaction of the executing court.
Stay Order fron Hon''ble High Court of Karnataka
Others (Uncategorized) · 15 Jan 2026, 12:48 am
Karnataka High Court Stays Sale Proceedings Against Pasari Spinning Mills Pasari Spinning Mills has secured a stay order from the High Court of Karnataka against a Proclamation of Sale issued by the Commercial Court, Mysuru. The order, received on 13th Jan'26, halts the sale proceedings under Com. Ex./249/2023. This action stems from a commercial appeal (No. 53/2022) related to an arbitration with Cotton Corporation of India. The financial impact is currently unquantified and under examination. The High Court granted the stay subject to Pasari furnishing security.
The origina intimation was submitted on 18th December, 2025. Pursuant to the observations of the Exchange, the company was advised to resubmit the intimation. Accordingly, the present resubmission ....
Others (Uncategorized) · 31 Dec 2025, 11:43 pm
Pasari Spinning Mills Receives Proclamation of Sale Order from Mysuru Court Pasari Spinning Mills received a Proclamation of Sale intimation on 18th Dec'25 from the Commercial Court, Mysuru, following a claim by The Cotton Corporation of India Ltd. for unpaid dues. The court order, dated 3rd Nov'25, pertains to the public auction of the company's property, including industrial plots in Nanjangud, to satisfy a claim of ₹7.03 Cr. The sale is scheduled for 12th Jan'26. The company is currently assessing the financial impact and has filed an appeal for a stay with the Karnataka High Court.
Proclamation of Sale vide order: XXI Rule 66 of code of cuvil procedure in connection with Execution petition no: Com.Ex./249/2023.
Others (Uncategorized) · 19 Dec 2025, 11:19 pm
Pasari Spinning Mills Receives Proclamation of Sale Notice Pasari Spinning Mills received a Proclamation of Sale on 18th Dec'25, issued by the Commercial Court, Mysuru. This stems from enforcement proceedings initiated by The Cotton Corporation of India Ltd. for the recovery of alleged dues. The execution proceedings are linked to Petition No. Com.Ex./249/2023. Pasari Spinning Mills is currently assessing the financial impact of the order and plans to take appropriate legal action. Material developments will be disclosed as they occur, creating uncertainty for the company's assets and financial standing.