Ambika Cotton Mills (NSE:AMBIKCO, BOM:531978) recommended a final dividend of 37 rupees per share for fiscal 2026 ended March 31, according to an Indian bourse filing on Tuesday.
Shares of the company jumped nearly 4% at market close.
Related Articles
Asia
CTBC Financial Unit to Issue NT$9.6 Billion Bonds in June
CTBC Financial (TPE:2891) unit CTBC Bank will issue NT$9.6 billion in perpetual non-cumulative subordinated financial debentures on June 4, according to a Monday Taiwan Exchange filing.Shares gained about 2% in Tuesday's late morning trade.The 50th series subordinated bonds will carry a fixed annual coupon rate of 4.5% and have no maturity date.The bonds will be issued at face value, with each debenture carrying a denomination of NT$10 million.Proceeds will be used to strengthen its capital structure and replenish working capital.CTBC Bank said the notes may be redeemed after seven years, subject to regulatory approval.
$TPE:2891
Asia
COSCO Shippig Specialized Carriers Plans Bond Issue of Up to 5 Billion Yuan
COSCO Shipping Specialized Carriers (SHA:600428) plans to register for issuance up to 5 billion yuan in bonds with a maximum term of 20 years.Proceeds will be used for repaying debts, replenishing working capital, paying ship construction costs and other permitted purposes, according to a Tuesday filing with the Shanghai bourse.The registration is valid for two years.
$SHA:600428
Asia
Infratil's Fiscal 2026 Total Proportionate EBITDAF Meets Expectations, Jefferies Says
Infratil's (ASX:IFT, NZE:IFT) fiscal 2026 total proportionate earnings before interest, tax, depreciation, amortization, and fair value adjustments (EBITDAF) of NZ$919.3 million was in line with consensus of NZ$918.3 million, Jefferies said in a note on Tuesday.The company's EBITDAF increased 170% in the fiscal year with contributions from new projects completed in March and April 2025. Development EBITDAF losses of NZ$70 million was better than expected.Infratil swung to a profit of NZ$0.558 per share in fiscal 2026 from a loss of NZ$0.315 a year earlier. Revenue for the 12 months ended March 31 was NZ$3.04 billion, compared with NZ$2.86 billion a year earlier.The investment firm retained its buy rating on Infratil and its price targets of AU$14.40 and NZ$17.30.Infratil's Australian and New Zealand shares were each down 6% in recent Tuesday trade.
$ASX:IFT$NZE:IFT