Details of Buy back of shares

This Public Announcement (“Public Announcement”) is made in relation to the Buyback of equity shares (as defined below) by Ambika Cotton Mills Limited (the “Company”) from the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE” and together with the BSE, the “Stock Exchanges”), pursuant to the provisions of Regulation 15(c) and 15(d) of, and in compliance with, the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998 (including any statutory modification(s), or re-enactment for the time being in force) (“Buyback Regulations”). This Public Announcement contains disclosures as specified in Schedule II of the Buyback Regulations.