NSEUpdates24 Jul 2026 · 24 Jul 2026, 12:43 pm
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Ambika Cotton Mills Limited · AMBIKCO
✦ AI SummaryExpansion
Ambika Cotton Mills Limited has informed the Exchange regarding a general business update, mentioning the expansion of 6048 spindles, nearing completion of an additional 6480 spindles, and a proposed plan to modernize 43000 spindles with state-of-the-art machinery at an estimated cost of Rs. 135 Crores, to be met out of internal accruals.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Ambika Cotton Mills Limited has informed the Exchange regarding 'General Business Update '.
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AMBIKCO_24072026124246_OCRSDBUSINESSUPDATE.pdf
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Ambika Cotton Mills Limited
24/07/2026
Ref.No.ACM/SE/11/2026-27
LISTING COMPLIANCE DEPARTMENT
BSE Limited The National Stock Exchange
Phiroze Jeejeebhoy of India Ltd. Exchange
Tower,Dalal Street, Plaza, Plot No. C/1, G Block,
Mumbai - 400001 Bandra Kurla Complex, Bandra
Scrip Code: 531978 (E), Mumbai - 400051
Symbol: AMBIKCO
General Business Update - Reg
During the interaction with Crisil Ltd for
rating purpose the following information was
exchanged.
The expansion of 6048 Spindles have already
came into operation and additional 6480
spindles are nearing completion and the total
cost Rs.SO Crores were fully met out of
Internal accruals.
Further informed to them about the proposed
plan of modernization of existing 43000
spindles of Unit IV to 45000 Spindles with
state of the art machineries at an estimated
cost of Rs. 135 Crores which would also met out
of internal accruals.
Cont/d. ..2
Reg Office: 15/ 9A, Valluvar Street, Sivanandha Colony, Coimbatore- 641012
Phone No : 0422-2491501/2491502 Fax No : 0422-2499623
e Mail : ambika@acmills.in • website : www.acmills.in
CIN: L1711STZ1988PLC002269
Ambika Cotton Mills Limited
The aforesaid measures will strengthen the
production base for higher productivity and
better quality.
The aforesaid modernization would commence from
November 2026 and expected to be completed
during March 2027.
Kindly take the same on record.
Thanking you
For Limited
Chairman Managing Director
Reg Office: 15/ 9A, Valluvar Street, Sivanandha Colony, Coimbatore- 641012
Phone No : 0422-2491501/2491502 Fax No : 0422-2499623
e Mail : ambika@acmills.in website : www.acmills.in
CIN: L17115TZ1988PLC002269