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Other Textile Products
Business Update10 Sept 2026, 05:10 pm

Ambika Cotton Mills: Machinery Import Shipment Delayed

AI Summary

Ambika Cotton Mills Limited has provided a general business update regarding the import of Plant & Machinery for its 6480 Spindles project. The arrival of the shipment to Tuticorin has been delayed multiple times due to feeder vessel space issues from Colombo. The latest expected arrival date is September 13, 2026. The company notes that the project is otherwise complete, and upon the machinery's arrival and installation, the project will be fully completed. Further commissioning details will be intimated to the exchanges.

Key Highlights

  • Machinery import shipment delayed due to feeder vessel space issues.
  • New expected arrival date at Tuticorin is September 13, 2026.
  • Project is otherwise complete, awaiting machinery installation.
  • Commissioning details will be announced upon completion.