Axita Cotton Share Price Today

Axita Cotton shareholders approve all six AGM resolutions with high majority

All six resolutions at Axita Cotton's 13th AGM passed with over 99% votes in favour. Promoter group voted 16,03,81,749 shares, ensuring unanimous approval of key appointments. Public institutional investors abstained from voting; public non-institutions voted ~4.95 lakh shares. DTA & Associates appointed as Statutory Auditors for five years until the 18th AGM. Vinod Kanubhai Rana re-appointed as Independent Director for a second five-year term starting February 2027.

Axita Cotton fixes record date for ₹0.05 per share final dividend

Axita Cotton fixes September 11, 2026 as record date for ₹0.05 per share final dividend for FY26. Dividend subject to approval at AGM on September 30, 2026; payout follows thereafter if approved. Company re-submitted record date intimation under correct Corporate Action category after filing error. Shareholders to appoint M/s. DTA & Associates as statutory auditors for five years at ₹6 lakh per annum.

Axita Cotton FY26 Results: Net profit rises 74% to ₹1.9 crore

Net profit rose 74% YoY to ₹1.9 crore despite revenue falling 43% to ₹370.4 crore. Exports grew over 3.5x to ₹30.57 crore, diversifying into cotton bales and groundnut oil. Inventory turnover jumped from 63 to 283 times due to back-to-back trading model. Board recommended ₹0.05 per share final dividend and issued 1:10 bonus shares.

Axita Cotton submits FY26 sustainability report, cites zero safety incidents

Axita Cotton filed its FY26 BRSR report with stock exchanges on September 5, 2026. Sustainable raw material sourcing remained flat at 45% compared to the previous year. Zero safety incidents, fatalities, or regulatory penalties were recorded during the period. Exports contributed 8.29% to total turnover, with operations spanning eight states.

Axita Cotton files interest to acquire Varidhi Cotspin via CIRP

Axita Cotton filed an expression of interest on August 21, 2026, for Varidhi Cotspin's CIRP. Varidhi operates a spinning facility with 29,184 spindles in Dholka, Ahmedabad. The plant has an annual capacity of roughly 4,442 metric tonnes of cotton yarn. The acquisition aims to strengthen Axita's presence across the cotton value chain.

Axita Cotton grants 2,14,930 stock options under ESOP 2023

Axita Cotton granted 2,14,930 stock options to eligible employees under the Axita Cotton Employee Stock Option Plan 2023. The Nomination and Remuneration Committee approved the grant on June 9, 2026, setting the exercise price at ₹1.82 per option. The scheme is compliant with SEBI regulations, and options are exercisable into equity shares with a face value of Re. 1.