Ambika Cotton Mills Limited has informed the Exchange regarding 'This is to intimate that expansion of 6048 spindles to manufacture specialty yarn was commissioned which was earlier intimated. It is proposed to add another 6480 spindles, at one of the existing Factory Building, will be commissioned in May 2026. These additions (i.e. 12528 Spindles) to capacity, including solar capacity for captive consumption, the cost is estimated at Rs. 57.00 Crores and would be met out of internal accruals. The total Spindle capacity of the company after expansion will be 120816 Spindles.'.
AMBIKCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ambika Cotton Mills has commissioned the expansion of 6,048 spindles for manufacturing specialty yarn, which it had announced earlier. The company now proposes to add another 6,480 spindles at an existing factory building, expected to be commissioned in May 2026. Together, the total capacity addition of 12,528 spindles (including solar capacity for captive use) will cost around Rs. 57 crore. This will be fully funded through internal accruals, with no debt being raised. After this expansion, the company's total spindle capacity will rise to 120,816 spindles.
The expansion strengthens Ambika's position in specialty yarn and adds renewable energy capacity for self-use, supporting margins. Since the capex is funded entirely from internal accruals, there is no dilution or debt burden on shareholders. The phased commissioning through May 2026 means revenue benefits will build up gradually.