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Ambika Cotton Mills Ltd

NSE: AMBIKCO BSE: 531978

₹1275.70

(1.42%)

Tue, 24 Mar 2026, 01:34 am

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Company History

1988

  • The Company was originally incorporated as Ambika Cotton Mills Private Ltd.

1990

  • The Company commenced operations of its cotton spinning mill in January.

1991

  • The Company carried out an expansion scheme to add back-process machinery.

1992

  • The Company began implementation of an expansion project to double its spindleage.

1993

  • The Company successfully completed an expansion project to double its spindleage.

1994

  • The Company added Comber machines and a humidification system to its production line.
  • The Company was converted into a Public Limited Company.

2000

  • The Company chalked out a Rs 14-crore expansion-cum-modernisation programme.

2005

  • The Company recommended a dividend of 20%.

2006

  • The Company recommended a dividend of 20%.

2007

  • The Company recommended a dividend of 25%.

2008

  • The Company appointed Mr Sunil Kumar Kolangara as a Director.
  • The Company recommended a dividend of 20%.

2009

  • The Company recommended a dividend of Rs 2 per share.

2010

  • The Company recommended a dividend of Rs 3 per equity share of Rs 10 each.
  • The Company approved a proposal to enhance its wind power capacity from 15.4 MW to 26.6 MW.

2011

  • The Company recommended a final dividend of Rs 3 per equity share of Rs 10 each.

2012

  • The Company reappointed Sri P V Chandran as Chairman and Managing Director.
  • The Company appointed Mrs Vidya Jyothish Pillai as an additional Director.
  • The Company recommended a final dividend of Rs 3 per equity share of Rs 10 each.

2013

  • The Company recommended a dividend of Rs 9.50 per equity share of Rs 10 each.

2014

  • The Company recommended a dividend of Rs 12.50 per equity share of Rs 10 each.

2024

  • Ambika Cotton Mills Limited installed a 8.334 MW solar power plant over its roof top.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800