Amarjothi Spinning Mills has fixed August 21, 2026, as the record date for determining shareholders eligible to receive the final dividend for the financial year 2025-26. The Board of Directors recommended a dividend of ₹2.20 per share, representing a 22% payout on the face value of ₹10 per share. This announcement coincides with the rescheduling of the company’s 38th Annual General Meeting (AGM) to August 28, 2026, shifting the event by one day from the previously intimated date of August 27, 2026.

The decision to revise the AGM schedule and confirm the record date was taken during a Board meeting held on July 27, 2026. The company notified the stock exchanges pursuant to Regulation 30 read with Part A of Schedule III and Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revised timeline ensures alignment between the record date, the book closure period, and the AGM proceedings, which will be conducted via Video Conference or Other Audio Visual Means (OAVM) starting at 11:00 a.m.

Revised Schedule Details

The Registrar of Members and Share Transfer Books will remain closed from August 22, 2026, to August 28, 2026, both days inclusive. This period serves as the book closure window for determining members eligible for the 38th AGM and the payment of final dividends. Shareholders whose names appear on the Register of Members as of the cut-off date of August 21, 2026, will be eligible to receive the dividend if declared at the meeting.

The e-voting window remains three days long, running from Tuesday, August 25, to Thursday, August 27, providing ample time for remote participation. Investors should note that any share transfers initiated after August 21 will not reflect in the register before the cut-off, potentially excluding new buyers from this year’s dividend and voting rights.

What This Means for Investors

The one-day shift in the AGM date extends the book closure period accordingly, ensuring that shareholders have adequate notice to adjust their holdings if they wish to participate in the meeting or claim the dividend. The dividend payment will be made within 30 days of its declaration at the AGM, in compliance with Section 91 of The Companies Act, 2013. This structure maintains the standard payout rhythm while accommodating logistical adjustments to the annual meeting schedule.

Amarjothi Spinning Mills reported a consolidated net profit of ₹952.34 lakh for FY26, a decline from ₹1134.63 lakh in FY25, while revenue from operations decreased to ₹22,215.27 lakh from ₹23,029.54 lakh. The Board of Directors recommended a dividend of ₹2.20 per equity share (22% on face value) subject to shareholder approval at the Annual General Meeting scheduled for August 27, 2026. Investors should note that the company has issued a corrigendum to correct a typographical error in the PDF version of its consolidated profit and loss sheet, where March 2024 figures were inadvertently listed under the March 2025 column; the XBRL filing remains accurate.

The standalone net profit for the year was ₹936.97 lakh, compared to ₹1104.06 lakh in the previous year. Statutory Auditors M/s. V.Narayanaswami & Co., Chartered Accountants, provided an unmodified opinion on both the standalone and consolidated audited financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting to approve these results was held on May 29, 2026.

Financial Performance

Consolidated revenue from operations fell by approximately 3.5% year-on-year. Standalone revenue from operations also contracted, standing at ₹20,604.65 lakh against ₹21,260.84 lakh in FY25. The cost of materials consumed remained a significant expense component, totaling ₹14,641.37 lakh on a consolidated basis.

Balance Sheet and Cash Flow

Total consolidated assets increased to ₹30,939.03 lakh from ₹27,633.09 lakh in the previous year, driven largely by a rise in inventories to ₹11,889.48 lakh from ₹8,961.00 lakh. Trade receivables also grew to ₹4,909.05 lakh from ₹3,507.63 lakh. Total borrowings stood at ₹5,596.08 lakh (non-current: ₹5,555.93 lakh; current: ₹40.15 lakh).

Net cash from operating activities was ₹876.05 lakh for the year, compared to ₹1,406.44 lakh in FY25. Cash and cash equivalents as at March 31, 2026, were ₹475.33 lakh on a consolidated basis.

What the Numbers Show

The decline in net profit coincides with an increase in inventory levels and trade receivables, suggesting working capital absorption during the period. While revenue dipped slightly, the cost of materials consumed did not decrease proportionally in the consolidated view, impacting margins. The company also recognized an increase of ₹14.71 lakh as past service cost due to the financial implications of New Labour Codes.

Corporate Actions

The 38th Annual General Meeting will be held via Video Conferencing/Other Audio Visual Means on August 27, 2026. Pursuant to Regulation 42 of the SEBI LODR Regulations, the Register of Members and Share Transfer Books will remain closed from August 21, 2026, to August 27, 2026, for the purpose of dividend payment and the AGM. The cutoff date for dividend entitlement is fixed as August 20, 2026.