Bannari Amman Spinning Mills Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2025, has decided to issue equity shares on rights basis a) Right Issue Size: 1,50,79,504 (One crore Fifty Lakhs Seventy Nine Thousand Five Hundred and Four) Equity Shares of face value of Rs.5/- each, for an aggregate amount not exceeding Rs.40,71,46,608/- (Rupees Forty Crore Seventy One Lakhs Forty Six Thousand Six Hundred and Eight Only); b) Right Issue Price: Rs.27/- (Twenty Seven) Per Equity Share (including a share premium of Rs.22/- (Twenty Two) per equity share) c) Right Entitlement Ratio: Ratio of 10 (Ten) rights equity shares for every 43 (Forty Three) fully paid up equity shares held as on the record date.