Ambika Cotton Share Price in Focus; Vijayalakshmi Narendra Reappointed Independent Director

Ambika Cotton Mills Limited has approved the continuation of Vijayalakshmi Narendra on its board as an Independent Woman Director, with a proposed five-year tenure. 

The decision was taken at the company's Board meeting held on August 8, 2026. Her new term is proposed from August 12, 2026 to August 11, 2031. 

Five-Year Board Tenure 

Narendra's proposed reappointment follows the completion of her existing tenure. Her continuation as an Independent Director is subject to approval by shareholders through a Special Resolution at the company's upcoming Annual General Meeting. 

Professional Background 

Born on May 11, 1956, Narendra is a graduate with qualifications in securities markets, accounting and electronic data interchange.  

She holds NISM Series-II-A certification, an EDI certification from AIMA and Deakin University, and has completed ICAI’s Accounting Technician studies. She has also completed the Independent Directors’ Databank proficiency test. 

Other Board Positions 

Narendra currently serves as a director at Magna Electro Castings Limited, Lakshmi Life Sciences Private Limited and Chakradhara Aerospace And Cargo Private Limited. 

At Magna Electro Castings, she is also a member of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee. 

Previous Directorship 

Narendra earlier served as an Independent Director at Super Sales India Limited, completing two five-year terms between February 2, 2015 and February 2, 2025. 

The filing also states that she does not hold shares in Ambika Cotton Mills and is not related to any of its directors. 

Read More: Arvind SmartSpaces Share Price Gains Over 8% After Q1 FY27 Earnings Results: Total Income Up 202.7% YoY! 

Ambika Cotton Mills Share Price Performance  

As of 07 August 2026, Ambica Cotton Mills Ltd share price closed at ₹1,897.70 per share, reflecting a surge of 3.93% from the previous trading session. 

Conclusion 

The proposed reappointment keeps Vijayalakshmi Narendra on Ambika Cotton Mills' board for another five-year period, extending her association with the company through August 2031. 

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