370% Dividend Alert! This Textile Stock To Trade Ex Dividend On Friday For Mega Dividend Payment; Do You Own?

Dividend Alert: Textile stock, Ambika Cotton Mills Limited, will remain in focus on Friday, as it will trade ex-dividend today. BSE textile products stock had earlier announced a final dividend of 370% for the financial year 2024-25.

Ambika Cotton Mills' dividend will be paid to eligible shareholders. The company scrip closed 0.51% higher at Rs 1,555 per share on BSE on Thursday with a market capitalisation of Rs 890.44 crore. The stock has a return on equity of 6.72%.

Ambika Cotton Mills Dividend

The company's board of directors had earlier approved a dividend of 370%, ie Rs 37 per equity share with a face value of Rs 10 each. "This is to inform you that the record date, for Dividend FY 2024-25 ( Final) Rs.37 /- per equity share (face value of Rs.10 each), is Saturday 20th September, 2025, recommended by the Board of Directors , subject to approval of shareholders at the 37th Annual General Meeting (AGM) of the Company to be held on Saturday, 27th September, 2025," read a bse filing released earlier.

Ambika Cotton Mills Dividend: Who Will Be Eligible?

To become eligible for the dividend, investors are required to own the company scrip on or before the dividend record date, ie September 19. "The dividend will be paid to those members whose name appears in the Register of members as on the aforesaid record date, Saturday 20th September, 2025," added the company in its press release.

A dividend is a chunk of profit earned by a company that it is willing to share with its shareholders. A dividend record date is fixed by a company to determine the eligibility of its shareholders for corporate actions like dividends, bonus issue and stock split.

Ambika Cotton Mills Share Price Trend

The company scrip closed at Rs 1555.35 per share on BSE. The stock had touched a 52-week high mark of Rs 1,830.85 per share on 18 September 2025. Whereas, the stock dipped to its 52-week low mark of Rs 1,277.05 per share on 1 April 2025.
The stock has increased around 19.63% in six months and has declined around 5.34% since the beginning of the year against Sensex which has surged around 5.74% in the same duration.

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