The Exchange had sought clarification from Ambika Cotton Mills Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Segment details not submitted The response of the Company is enclosed.
AMBIKCO · price
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NSE sought clarification from Ambika Cotton Mills regarding the non-submission of segment details in its March 2025 quarterly results under Regulation 33 of SEBI LODR. The company explained that it had previously reported two segments — textiles and windmills — only to reconcile effective tax rates, since windmill income enjoyed tax exemptions under Section 80-IA. These tax benefits were withdrawn from Assessment Year 2020-21 under the simpler tax regime, which the company has adopted. As a result, the relevance of segment-wise reporting no longer exists, and the company now operates as a single segment entity.
This is a routine procedural clarification with no material impact on business or financials. Investors should note that the company is now treated as a single-segment (textile) entity for reporting purposes, reflecting a simpler tax structure rather than any change in operations.