AMBIKCO

- Board recommended a final dividend of Rs. 37/- per equity share (face value Rs. 10 each) for FY 2025-26. - The record date for the dividend is Tuesday, September 22, 2026. - The dividend is subject to shareholder approval at the 38th Annual General Meeting (AGM) to be held on September 29, 2026.

- Ambika Cotton Mills Limited's short-term bank facilities rating upgraded to CRISIL A1+ from CRISIL A1. - Long-term rating reaffirmed at CRISIL A+/Stable. - Upgrade reflects sustained improvement in liquidity, strong net cash position, and strengthening financial flexibility, with the company remaining debt-free as of March 31, 2026.

- Board of Directors recommended the appointment of Sri K. Murali Mohan (DIN:00626361) as an Independent Director on August 8, 2026. - The appointment is subject to approval by shareholders via Special Resolution at the ensuing Annual General Meeting. - Sri K. Murali Mohan is a qualified Electrical Engineer and Chartered Accountant with over 50 years of experience, and is independent.

- Ambika Cotton Mills Limited's Board of Directors re-appointed Mrs. Vijayalakshmi Narendra (DIN:00412374) as an Independent Women Director on August 8, 2026. - Her re-appointment is for a term from August 12, 2026, to August 11, 2031. - The re-appointment is subject to shareholder approval at the upcoming Annual General Meeting.

- Board reappointed Sri. P V Chandran as Managing Director for a further period of 5 years. - The new term will be effective from April 1, 2027, to March 31, 2032. - The re-appointment is subject to approval by shareholders at the ensuing Annual General Meeting.

- Q1 FY27 Consolidated Revenue ₹257.92Cr vs ₹191.98Cr (▲34% YoY) - EBITDA ₹42.73Cr vs ₹30.22Cr (▲41% YoY) - PAT ₹25.70Cr vs ₹15.92Cr (▲61% YoY) - EBITDA Margin 16.57% vs 15.74% (▲83bps) - Company plans to modernize Unit IV plant at ₹135 Cr, increasing spinning capacity from 43,000 to 45,000 spindles. - Equipment shipment from Germany delayed due to West Asia crisis, 6,480 spindles to be operational by Sep 2026.

- CRISIL upgraded the short-term bank facilities rating to 'CRISIL A1+' from 'CRISIL A1'. - The long-term rating was reaffirmed at 'CRISIL A+/Stable'. - The upgrade reflects sustained improvement in liquidity, strengthened financial flexibility, and a strong net cash position of ₹198 Cr as of March 2026. - The company remained debt-free as on March 31, 2026.

- Ambika Cotton Mills updated Crisil Ltd on expansion and modernization plans. - 12,528 new spindles (6,048 operational, 6,480 nearing completion) costing ₹80 Cr funded internally. - Proposed modernization of 43,000 spindles to 45,000 at ₹135 Cr, also internally funded. - Modernization expected Nov 2026 - Mar 2027 for improved productivity.