AMBIKA COTTON MILLS LTD.

Ambika Cotton Mills Ltd has filed a corrigendum to its Annual Report for FY 2025-26 to correct typographical errors and omissions in the PDF version. These corrections, which have no impact on the financial statements, include adding omitted data on renewable energy generation (11,474,400 KWh solar, 51,555,663 KWh wind) and CO2 emission reduction (44,751.35 tonnes). Additionally, information regarding major customers contributing over 10% of revenue has been clarified, with sales to two customers amounting to ₹30629.80 Lakhs in the current year, compared to three customers in the previous year. The updated Annual Report is available on the company's website.

Ambika Cotton Mills Ltd has announced the record date for its final dividend for the fiscal year 2025-26. The company has set Tuesday, September 22, 2026, as the record date. Shareholders whose names appear in the company's register of members on this date will be eligible to receive the final dividend of ₹37 per equity share, with a face value of ₹10 each. This dividend is subject to the approval of shareholders at the upcoming 38th Annual General Meeting (AGM), scheduled for Tuesday, September 29, 2026. The dividend payment will be processed accordingly.

Ambika Cotton Mills Ltd has filed its Notice of AGM and Annual Report for FY 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The 38th Annual General Meeting is scheduled for Tuesday, September 29, 2026, at 12:00 PM via Video Conferencing (VC)/Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the year ended March 31, 2026, the declaration of a final dividend of ₹37 per equity share for FY 2025-2026, and the re-appointment of Dr. K. Venkatachalam as a Director. Additionally, the meeting will seek approval for the re-appointment of Sri. P.V. Chandran as Managing Director for a period of 5 years from April 1, 2027, at a remuneration of ₹2,00,000 per month, and for his continued holding of office as a Non-Executive Director upon attaining the age of 75.

Ambika Cotton Mills Ltd has filed the Notice of its 38th Annual General Meeting (AGM) along with the Annual Report for the Financial Year 2025-26. The AGM is scheduled for Tuesday, September 29, 2026, at 12:00 Noon, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, declaration of a final dividend of ₹37 per equity share, re-appointment of Dr. K. Venkatachalam as a Director, and the re-appointment of Sri. P.V. Chandran as Managing Director for a period of 5 years with effect from April 1, 2027, at a remuneration of ₹2,00,000 per month. The meeting will also seek approval for Dr. K. Venkatachalam to continue as a Non-Executive Director beyond the age of 75.

Ambika Cotton Mills' standalone revenue for Q1 FY27 rose 34.4% YoY to ₹257.92 Cr (up 19.9% QoQ from ₹215.16 Cr), with PAT up 61.4% YoY to ₹25.70 Cr (up a modest 4.8% QoQ from ₹24.53 Cr). EPS rose to ₹44.89 from ₹27.81 a year ago. There were no exceptional items in either period, so the YoY jump is operational rather than one-off driven. Neither the database nor a web search turned up formal management guidance or brokerage/consensus estimates for this print — Ambika Cotton is a small-cap textile spinner with no visible sell-side coverage for this quarter, so vs-street and vs-guidance both read as unknown rather than a miss or beat. Margins improved YoY but eased sequentially: OPM was 15.28% versus 14.03% a year ago but down from Q4 FY26's 16.52%, and NPM was 9.84% versus 8.15% YoY but down from 11.11% in Q4 FY26. The QoQ softening sits on the cost side — cost of materials consumed rose to ₹102.34 Cr, a new ₹12.32 Cr purchase-of-stock-in-trade line appeared for the first time, and other expenses of ₹32.96 Cr include a ₹0.41 Cr forex MTM loss the company has explicitly called out. Other income also fell to ₹3.32 Cr from ₹5.59 Cr in Q4 FY26. Alongside the results, the company disclosed a ₹135 Cr modernization of its Unit IV plant (to be funded entirely from internal accruals) that will lift spinning capacity from 43,000 to 45,000 spindles with better productivity and quality, and flagged that 6,480 spindles' worth of German equipment is delayed in transit due to the West Asia crisis, now expected to arrive and go operational in the first week of September 2026. The board also used the same meeting to reappoint P.V. Chandran as MD for five years and to recommend/reappoint two independent directors, governance continuity items that don't bear directly on this quarter's numbers.

Ambika Cotton Mills Ltd announced that its Board of Directors has recommended the appointment of Sri. K. Murali Mohan as an Independent Director. The recommendation will be put forth for shareholder approval via Special Resolution at the upcoming Annual General Meeting. Sri. K. Murali Mohan is a Chartered Accountant with over 50 years of practice, including experience as a Statutory Auditor for listed and unlisted companies. He also has expertise in company law, FEMA, taxation, and legal documentation. He is not related to any existing directors and does not hold any shares in the company. He currently holds directorships in other companies and is a member of the Audit Committee at The Lakshmi Mills Company Limited.

Ambika Cotton Mills Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved the results during a meeting held on August 8, 2026. The company also provided a limited review report for the period. Key operational updates include plans to modernize Unit IV plant with an investment of ₹135 Crore to enhance spinning capacity and productivity. Additionally, the company noted a delay in equipment shipment from Germany due to the West Asia crisis, expected to be resolved by early September 2026.

Ambika Cotton Mills Ltd announced the re-appointment of Sri. P.V. Chandran as Managing Director for a further period of five years, effective April 1, 2027, to March 31, 2032. This decision was made at the Board meeting held on August 8, 2026, and is subject to shareholder approval via a Special Resolution at the upcoming Annual General Meeting. Sri. P.V. Chandran, a self-made entrepreneur, founded the company in 1988 and has overseen its significant growth in spinning, knitting, and renewable energy capacities. He is the father of two Non-Executive Directors, Mrs. Vidya Jyothish and Mrs. Bhavya Chandran. The company is a manufacturer of speciality cotton yarn with a significant export component and no long-term debt.

Ambika Cotton Mills Ltd has announced the re-appointment of Mrs. Vijayalakshmi Narendra as an Independent Woman Director. The Board of Directors approved her re-appointment, effective from August 12, 2026, to August 11, 2031, subject to shareholder approval at the upcoming Annual General Meeting. Mrs. Narendra is not related to any company directors, does not hold shares, and is not debarred by any regulatory authority. She possesses multidisciplinary qualifications and extensive experience in corporate affairs and regulatory compliance, holding directorships in other companies and serving on audit and remuneration committees.

Ambika Cotton Mills Ltd has announced that its Board of Directors meeting is scheduled for August 8, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results for the first quarter and three months ended June 30, 2026. This announcement is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring timely disclosure of financial performance to stakeholders.