BANNARI AMMAN SPINNING MILLS LTD. - Board Meeting Outcome for The Board Of Directors Have Not Recommended Any Dividend For The Year Ended 2022-2023.

The Board of Directors at their meeting held on 30.5.2023 (today) have: 1. Approved inter-alia the Audited Financial Results for the Quarter/Year ended 31.3.2023 along with Auditors Report thereon pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed herewith. Further in this connection, we declare that the Auditors Report issued by M/s. P N Raghavendra Rao & Co, Chartered Accountants, Statutory Auditors for both Standalone as well as Consolidated Audited Financial Results of the Company for the year ended 31.3.2023 are with Unmodified Opinion. 2. Further, the Board of Directors have not recommended any dividend for the year ended 2022-2023 The Board Meeting commenced at 11.00 AM and concluded at 1.20 PM.