Sambandam Spinning Mills Ltd
Sambandam Spinning Mills Ltd Company History
Sambandam Spinning Mills is into the business of manufacture of Yarn (cotton, synthetic, etc.) and Fabric. The company has four manufacturing locations around Salem, 12.35 MW Wind Energy Converters located in Tirunelveli District, Tamil Nadu State and 9MW of solar energy plants which produce electricity for its own consumption and for sale.(Source : 202303 Annual Report Page No:81)
2005
The Company has recommended a dividend of Rs 5/- per share of face value of Rs 10/-
2005
2006
The Company has recommended a dividend of Rs 6.50 per share of face value of Rs 10/- including a special dividend of Rs 0.50 per share.
2006
2007
The Company has recommended a dividend of Rs 6.00 per share of face value of Rs 10 each.
2007
2008
The Company has recommended a dividend of Rs 2.50 per share of face value of Rs 10 each.
2008
2011
The Company has recommended a final dividend of Rs. 2 per equity share of Rs. 10 each.
2011
2012
The company recommended a dividend of Rs. 2 per equity share.
2012
2014
The Board inducted Sri S. Gnanasekharan as an independent director .
2014
2020
The company purchased Plant and Machinery from kandagiri Spinning mills Ltd.
2020
