Axita Cotton Limited , a prominent player in the cotton industry, has received approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for the reclassification of seven shareholders from the Promoter/Promoter Group category to the Public category. The approval, granted on July 24, 2025, marks a significant change in the company's shareholding structure.

Reclassification Details

The reclassification involves the following shareholders:

Impact on Shareholding Structure

The reclassification has resulted in a minor shift in the company's shareholding pattern:

• Promoter Holding: Decreased from 41.93% to 41.92%
• Public Holding: Increased from 58.07% to 58.08%

Regulatory Compliance

The approval for reclassification was granted under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Axita Cotton Limited had initially applied for this reclassification on November 30, 2024, demonstrating the company's commitment to maintaining transparency and adhering to regulatory requirements.

Exchange Approvals

• BSE Limited approved the reclassification through letter No. LIST/COMP/PJ/354/2025-26 dated July 24, 2025.
• National Stock Exchange of India Limited granted approval via letter No. NSE/LIST/441 dated July 24, 2025.

The company has duly informed the exchanges of this development, fulfilling its obligation to disclose material events as per SEBI regulations. Investors and stakeholders can access this information on the company's official website at www.axitacotton.com .

This reclassification, while minimal in terms of shareholding percentage, aligns the company's promoter and public shareholding categories with the current ownership structure, enhancing transparency for investors and regulatory bodies alike.

Axita Cotton , a prominent player in the cotton industry, has released its financial results for the fourth quarter, revealing a challenging period for the company. The report highlights significant changes in key financial metrics compared to the previous year.

Revenue Decline

Axita Cotton experienced a substantial decrease in revenue for Q4, reporting 1.40 billion rupees, down from 2.21 billion rupees in the same quarter last year. This represents a year-over-year decline of approximately 36.65% in the company's top line.

EBITDA and Net Loss

The company's financial performance showed a marked downturn in profitability:

• EBITDA: Axita Cotton reported an EBITDA loss of 26.00 million rupees for Q4. This stands in stark contrast to the EBITDA gain of 72.30 million rupees recorded in the same quarter of the previous year.

• Net Loss: The net loss for Q4 stood at 19.00 million rupees. While this figure represents a significant loss, it shows an improvement compared to the net loss of 49.50 million rupees reported in the same quarter last year. However, it indicates a deterioration from the previous quarter's net loss of 12.00 million rupees.

Quarterly Comparison

To provide a clearer picture of Axita Cotton's financial trajectory, here's a tabular comparison of key metrics:

The financial results indicate that Axita Cotton is navigating through a challenging period, with decreased revenue and profitability. The company's ability to reduce its net loss compared to the same quarter last year, despite the significant revenue decline, suggests potential cost-cutting measures or improved operational efficiencies. However, the sequential increase in net loss from the previous quarter points to ongoing challenges in the current market environment.

Investors and industry observers will likely be watching closely to see how Axita Cotton plans to address these financial headwinds and return to profitability in the coming quarters.