Ambika Cotton Mills Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 27, 2025.
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Ambika Cotton Mills Limited has submitted the scrutinizer's report for its 37th AGM held on September 27, 2025 via video conferencing. All 8 resolutions were passed with over 95% of votes in favour overall. Key items included approval of audited FY25 financial statements, declaration of a final dividend of Rs.37 per equity share for FY25, re-appointment of Mrs. Bhavya Chandran as director, appointment of a new secretarial auditor for 5 years, amendment to the Articles of Association, and ratification of cost auditor remuneration. Shareholders also approved the voluntary delisting of equity shares from BSE Limited (the stock will remain listed on NSE). Voting turnout was 56.34% of outstanding shares, with promoter group holding 50.35% voting 100% in favour of all resolutions.
The BSE delisting approval is the most material outcome, though the stock stays listed on NSE. Retail shareholders trading on BSE may lose that trading venue, potentially reducing liquidity for some holders. The Rs.37 per share dividend rewards investors in the near term and signals confidence in the company's financial position.