Ambika Cotton Mills Limited commissioned 6,480 new spindles on September 22, 2026. This expansion follows the arrival of imported plant and machinery, marking a significant addition to the company's manufacturing capacity.

The commissioning was confirmed in a filing to the stock exchanges dated September 26, 2026. The move continues the company's efforts to upgrade its production infrastructure through imported technology.

Capacity Expansion Details

The new spindles were installed immediately after the imported machinery arrived at the facility. The company stated that the impugned spindles stand commissioned as of the reported date. This development builds upon previous communications regarding the import of plant and machinery for this specific unit.

Regulatory Compliance

The company submitted the update to both BSE Limited and the National Stock Exchange of India Ltd. under General Business Update regulations. The filing references a prior letter dated September 10, 2026, which outlined the plans for importing the plant and machinery. Radheyshyam Padia, Company Secretary, signed the digital submission confirming the status of the equipment.

Ambika Cotton Mills has announced Tuesday, September 22, 2026, as the record date for its final dividend of ₹37 per equity share for the financial year ended March 31, 2026. The Board of Directors recommended the payout, which requires approval at the upcoming Annual General Meeting.

Shareholders whose names appear in the Register of Members on the record date will be eligible to receive the dividend. The company confirmed this under Regulation 42 of the SEBI (LODR) Regulations, 2015.

AGM and Dividend Approval

The 38th Annual General Meeting is scheduled for Tuesday, September 29, 2026. The meeting will be conducted via video conferencing without physical presence. Remote e-voting facilities will be provided as per regulatory guidelines.

The proposed dividend represents a 370% payout ratio based on the face value of ₹10 per share. The proposal must be approved by shareholders at the AGM before the payment can be processed.

Financial Performance

Revenue from operations and other income rose to ₹79,619.13 lakh in FY26, up from ₹72,857.81 lakh in the previous year. Profit after tax increased to ₹7,156.49 lakh, compared to ₹6,574.16 lakh in FY25. Gross profit grew by 2.75% to ₹11,675.49 lakh.

Export turnover stood at ₹54,549.93 lakh, an increase of 10.10% from ₹49,545.39 lakh in FY25. Exports accounted for 72.90% of total turnover.

Dividend and Tax Implications

Dividend income is taxable in the hands of shareholders following the abolition of Dividend Distribution Tax effective April 1, 2020. The company will deduct tax at source (TDS) on dividend payments.

Shareholders must furnish necessary documents or declarations to enable TDS deduction. The deadline for submitting these details to the Registrar and Share Transfer Agent (MUFG Intime India Private Limited) and the company is September 22, 2026.

Shareholder Instructions

Members are urged to update their email addresses and bank account mandates for receiving dividends via Electronic Clearing Service (ECS).

• Shareholders holding shares in demat form should update details with their Depository Participants.
• Shareholders holding physical shares must submit Form ISR-1 to the RTA.

The Notice for the 38th AGM and the Annual Report for FY26 are available on the company website and stock exchange portals.

What the Numbers Show

The company maintained a debt-free status with no long-term liabilities, supporting its ability to fund capital investments of ₹6,995.82 lakh from internal accruals while increasing dividends. The rise in profit after tax outpaced the growth in gross profit, indicating improved efficiency in managing finance costs, which fell to ₹1,267.66 lakh from ₹1,619.73 lakh in the previous year.