Amarjothi Spinning Mills Clarifies Board Meeting Timing
Amarjothi Spinning Mills Limited has issued a statement clarifying the timing of notices for its board meetings held during April 2026.The company confirmed that it issued a notice on April 4, 2026, for a meeting scheduled to take place on April 6, 2026. While results were documented on April 6, 2026, the company clarified that specific agenda items, including the updating of corporate policies and procedures and reviews of yearly records, were not included in the initial notice as they did not fall under certain required categories at that time.
The discrepancy in timing was attributed to an inadvertent miscalculation of trading holidays. To ensure adherence to future timelines, the company has committed to providing all board meeting details at least two working days in advance. This commitment includes accounting for trading holidays when calculating notice periods.
| Date | Event Details |
|---|---|
| April 4, 2026 | Notice issued for the scheduled Board Meeting |
| April 6, 2026 | Board Meeting held and results documented |
| July 16, 2026 | Clarification provided regarding notice timing |
Stock Price Movement
As of 1:45 PM, Amarjothi Spinning Mills Ltd shares are sliding to ₹179.85, down 0.66%. The stock has fluctuated between an intraday low of ₹177.20 and a high of ₹181.25.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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