Date: September 30, 2026

Board Meeting Outcomes

The 38th Annual General Meeting of Ambika Cotton Mills Limited was held on Tuesday, September 29, 2026 at 12:00 Noon through Video Conferencing / Other Audio-Visual Means. Shareholders approved the following resolutions as per the Scrutiniser Report dated September 30, 2026:

  • Ordinary Resolution: Declaration of Final Dividend of ₹37 per share for the Financial Year 2025-2026
  • Special Resolution: Re-appointment of Sri. P.V. Chandran (DIN: 00628479) as Managing Director for a period of 5 years from April 1, 2027 to March 31, 2032
  • Special Resolution: Approval for Continued Holding of Office by Dr. K. Venkatachalam (DIN: 01062171) as Non-Executive Director upon attaining the age of 75 years, in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulation 17(1A)
  • Special Resolution: Re-appointment of Mrs. Vijayalakshmi Narendra (DIN: 00412374) as Independent Women Director from August 12, 2026 to August 11, 2031, not liable to retire by rotation
  • Special Resolution: Appointment of Sri K. Murali Mohan (DIN: 00626361) as Independent Director for a period of 5 years from the conclusion of the 38th AGM until the 43rd AGM or completion of 5 years, whichever is earlier, not liable to retire by rotation

KMP / Board Changes

  • P.V. Chandran reappointed as Managing Director for 5-year term (April 1, 2027 to March 31, 2032)
  • Dr. K. Venkatachalam continues as Non-Executive Director after attaining age 75, under SEBI LODR Regulation 17(1A)
  • Mrs. Vijayalakshmi Narendra reappointed as Independent Women Director for 5-year term (August 12, 2026 to August 11, 2031)
  • K. Murali Mohan appointed as Independent Director for 5-year term from conclusion of 38th AGM

Dividend Declaration

  • Final Dividend: ₹37 per share for Financial Year 2025-2026
  • Dividend type: Final dividend
  • Financial Year: 2025-2026

Other Operational Disclosures

  • Meeting conducted via Video Conferencing / Other Audio-Visual Means
  • Scrutiniser Report dated September 30, 2026 confirmed passage of all resolutions
  • Company registered office: 15/9A, Valluvar Street, Sivanandha Colony, Coimbatore-641012