Outcome of Board meeting - declaration of dividend

Corporate Actions View source PDF Explain this filing

AMBIKCO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹1612.00

prior close

₹1704.10

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.7%+2.9% vs market

Other Textile Products peers, median of 183sector+0.0%+3.6% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.6 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.6

15m

-2.1

30m

-2.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+0.7+2.9+0.0+3.6

Next day

+3.6+0.7+2.9+0.1+3.5

+3.6+0.0+3.5-0.1+3.7

+5.0-1.1+6.0-0.1+5.1

+4.8+0.0+4.8+0.2+4.7

+6.4+0.3+6.1-0.1+6.5

+2.0+1.1+0.9+0.0+1.9

15d

+0.0+4.9-4.9+0.4-0.4

+7.0+5.3+1.7+0.4+6.6

+6.5+6.9-0.3-1.3+7.8

+1.8+11.9-10.1-1.4+3.2

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 183Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Board of Directors of Ambika Cotton Mills Limited met on May 26, 2026, and approved the audited financial results for the year ended March 31, 2026. The Board has recommended a Final Dividend of Rs. 37 per equity share (370%) on the face value of Rs. 10 each. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. The meeting lasted 45 minutes and was concluded at 12:45 pm.

Likely market impact

The recommended dividend of Rs. 37 per share indicates strong cash flow and profitability for FY 2025-26. Shareholders can expect positive returns if the dividend is approved, though the actual yield will depend on the prevailing market price of the stock.