Ambika Cotton Mills Limited has informed the Exchange regarding Summary of proceedings along with the Chairman s Statement of the 37th Annual General Meeting (AGM) of the Company held on Saturday, 27th September, 2025 at 12.00 Noon through Video Conferencing ( VC )/ Other Audio Visual Means ( OAVM ).
AMBIKCO · price
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Ambika Cotton Mills held its 37th AGM on 27th September 2025 via video conferencing, with shareholders approving 8 resolutions including a final dividend of Rs.37 per equity share for FY24-25 and voluntary delisting from BSE. For FY24-25, total income fell 13.90% to Rs. 728.58 Crores, but gross profit edged up 0.60% to Rs. 113.63 Crores. In Q1 FY26, the company posted sales of Rs. 183.95 Crores (exports Rs. 137.76 Crores), net profit of Rs. 15.92 Crores, and cash profit of Rs. 20.80 Crores. The Chairman highlighted Rs. 51.58 Crores invested in plant, machinery and factory buildings (funded entirely through internal accruals), with an ongoing expansion project set to commence production within a month. Renewable energy now meets 88% of total energy needs (up from 82-84%), and CSR spending was Rs. 3.26 Crores.
Shareholders stand to receive a Rs.37 per share final dividend, but the proposed voluntary delisting from BSE is a notable structural change that could affect liquidity for retail investors holding on that exchange. Revenue declined meaningfully in FY25 though profitability held up, and the Q1 FY26 update with Rs.15.92 Crore net profit and easing cotton/freight costs suggests a gradual recovery in margins.