Outcome of Board meeting - declaration of dividend
AMBIKCO · price
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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.
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.