Policy Updates

Policy Update from Ambika Cotton Mills

Dividend Distribution Policy

Dividend Distribution Policy Objective This Policy seeks to outline broad parameters that may be applied and considered by the Board of Directors of Ambika Cotton Mills Limited (“the Company”). The Company has followed a stable dividend policy in the past and strives to maintain a consistent dividend payout ratio. The policy is framed in compliance with the requirements of the Securities and Exchange Board […]

Business Responsibility Policy

The Ministry of Corporate Affairs has formulated the National Voluntary Guidelines to be pursued in respect of Social, Environmental and Economic Responsibilities of Business (NVGs) as under: Businesses should conduct and govern themselves with Ethics, Transparency and Accountability. Businesses should provide goods and services that are safe and contribute to […]