BSECompany Update5d ago · 31 Aug 2026, 03:31 pm

This is to inform that Managing Director of the Company has been remanded under police custody on 29th August 2026 afternoon.

Gem Spinners India Ltd · 521133

✦ AI Summary▼ NegativeLitigation

Gem Spinners India Ltd has informed that its Managing Director, Mr. R Veeramani, has been remanded under police custody on August 29, 2026. The company will inform about the final outcome of the custody as soon as it is known.

Analysis Scores

Earnings Impact5/10

Growth Catalyst1/10

Governance Concern8/10

Regulatory Risk9/10

Balance Sheet Risk2/10

Liquidity Impact4/10

Market Sentiment2/10

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Gem Spinners India Ltd - 521133 - Announcement Under Regulation 30

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Tel 19144 28115190 Fax :9144 28114304, 28117338 GEM SPlNNERS [NDIA LTD Website: www.gemspin.com 78, CATHEDRAL ROAD, CHENNAI - 600 086, INDIA E-mail : sales@gemspin.com purchase@gemspin.com CIN No.L17111TN1990PLC019791 accounts@gemspin.com 31.08.2026 THE BOMBAY STOCK EXCHANGE LTD DEPT. OF CORPORATE SERVICES FLOOR NO.25, P.J. TOWERS DALAL STREET, FORT MUMBAI 400 001 Dear Sirs Scrip Code No.521133 Sub : Intimation under Regulation 30 of SEBI LODR This is to inform you that Mr.R Veeramani, Managing Director of the Company has been remanded under police custody on Saturday, 29" August 2026 afternoon (as per information known to us). The final outcome of the custody will be intimated in due course as soon as it is known to us. Thanking you, Yours faithfully For GEM SPINNERS INDIA LTD Company Secretary REGD. OFFICE AND FACTORY : 14, MANGALAM VILLAGE, NEAR CHENGALPATTU, TAMILNADU - 603 107, INDIA