Ambika Cotton Mills Re-appoints Mrs. Vijayalakshmi Narendra as Independent Women Director for Six Years
The Board of Directors of Ambika Cotton Mills Limited has re-appointed Mrs. Vijayalakshmi Narendra as an Independent Woman Director. The appointment was made during a meeting held on August 8, 2026.Mrs. Narendra will serve in this capacity from August 12, 2026, to August 11, 2031. This re-appointment is subject to shareholder approval by Special Resolution at the forthcoming Annual General Meeting of the Company.
The company confirmed that Mrs. Vijayalakshmi Narendra has no relation to any current Directors, does not hold any shares in Ambika Cotton Mills Limited, and is not debarred from holding office by any authority.
Director Profile and Experience
Mrs. Vijayalakshmi Narendra holds extensive multidisciplinary qualifications and significant experience providing advisory services to corporates for compliance with the Companies Act, SEBI, and various other regulations.Her professional qualifications include:
- A degree from a Graduate level.
- Qualification in NISM-Series-II-A Registrars to an Issue and Share Transfer Agents-Corporate Certification Examination (National Institute of Securities Markets).
- Certification by All India Management Association, in association with Deakin University, Australia, for Electronic Data Interchange.
- Qualifications in Accounting Technician studies from The Institute of Chartered Accountants of India.
- Qualification in the Online Proficiency Self-Assessment Test for Independent Director's Databank conducted by Indian Institute of Corporate Affairs.
Directorship Portfolio
Mrs. Narendra currently holds directorship positions and committee roles across several companies:| Company Name | Role/Committee Membership |
|---|---|
| Magna Electro Castings Limited | Member of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee |
| Lakshmi Life Sciences Private Limited | Director |
| Chakradhara Aerospace And Cargo Private Limited | Director |
Prior to her current role, Mrs. Narendra ceased holding office consequent to the completion of two five year terms of Independent Directorship from Super Sales India Ltd, a period spanning from February 2, 2015, to February 2, 2025.
AMBIKCO Stock Price Movement
On Friday, Ambika Cotton Mills Limited shares surged as they closed at ₹1904.3, marking a substantial 3.93% gain in the equity. The stock finished strongly for the session, which saw a total traded volume of 83,658 shares and highlighted the company's significant upward momentum.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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