GMP IPO
📋 Filings Intelligence
About Contact
LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.

-
Filed today
-
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings -

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Super Spinning Mills Ltd

Super Spinning Mills Board Approves Rs 13 Cr Loan For New Facility

DIVIDEND ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 05 Nov 2026, 01:57 PM IST  ·  BSE ID: 34ef0d17-d5b9-46a2-bb7e-415e5d1c37ec
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved its latest financial update and a plan to borrow funds for a new factory.
🤖 AI Summary
  • Super Spinning Mills' Board approved Q2 FY27 unaudited financial results.
  • Management authorized to borrow up to Rs 13 Crores for Hindupur facility.
  • An OD facility of Rs 4.5 crores against FDs also approved for the project.
  • The new facility project details were previously disclosed on September 24, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Loan authorization for new facility
Rs. 13 Crores
OD facility against FDs
Rs. 4.5 crores
Facility location
Hindupur, Sri Sathya Sai Dt., Andhra Pradesh
Previous disclosure date
September 24, 2026
🏢 How This Affects the Company
📈
Business Impact
Authorization for borrowing up to Rs 13 Crores and an OD facility up to Rs 4.5 Crores supports the construction of a new facility, potentially expanding future operational capacity.
💰
Financial Impact
The company plans to increase its borrowing by Rs 13 Crores and secure an OD facility of Rs 4.5 Crores, impacting its debt levels and interest expenses.
⚙️
Operational Impact
Funds are earmarked for constructing a new facility in Hindupur, Sri Sathya Sai District, Andhra Pradesh, which will require planning and execution resources.
⚠️
Risk Impact
Increased borrowing introduces financial leverage and interest rate risk. The success of the new facility's construction and future operations carries execution risk.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time.
👤
Who Is Affected
All shareholders are indirectly affected as the borrowing plan supports the company's future growth and operational expansion.
🔍
Management Signal
Management is actively pursuing expansion and securing necessary financing, indicating a commitment to growth and capacity enhancement.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Details of specific banks and terms for Rs 13 Crores loan.
Status of OD facility utilization against Rs 4.5 crores limit.
Progress updates on the Hindupur facility construction project.
MEDIUM RISK Increased borrowing and project execution are key risks highlighted by this filing.
💡 Investor Takeaway
Super Spinning Mills' board approved Q2 FY27 unaudited results and authorized up to Rs 13 Crores in new loans plus a Rs 4.5 Crores OD facility for its Hindupur expansion project.
⚖️ Strengths & Concerns

✅ Positives

  • Board approval for fundraising to support new facility construction in Andhra Pradesh.
  • Authorization to avail an OD facility against existing FDs to manage liquidity for the project.
❓ Frequently Asked Questions
What was approved by Super Spinning Mills' Board on November 5, 2026?
The Board approved unaudited financial results for the quarter ended September 30, 2026, and authorized management to seek loans up to Rs 13 Crores.
What is the purpose of the Rs 13 Crores loan for Super Spinning Mills?
The loan is intended for the construction of the company's new facility in Hindupur, Sri Sathya Sai District, Andhra Pradesh.
What is the aggregate limit of the Overdraft (OD) facility approved?
The company is authorized to avail an Overdraft facility up to an aggregate limit of Rs 4.5 crores against its existing Fixed Deposits.
When were the project details for the Hindupur facility previously disclosed?
The project details for the new facility in Hindupur were previously disclosed to the stock exchanges on September 24, 2026.

Questions based on this BSE filing only. For information purposes.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again - explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.