09-Oct-2026 18:13:34
PADAMCOGeneral news
PADAMCO : APPROVES RIGHTS ISSUE UP TO RS 27 CR
• Board approved issue and allotment of equity shares of face value Re.1 each up to an aggregate ₹27 Cr on rights basis • Rights issue to eligible equity shareholders as on record date, to be notified subsequently • Issue subject to regulatory/statutory approvals under Section 62(1)(a) of Companies Act, 2013 and SEBI ICDR Regulations, 2018 • Board approved the Draft Letter of Offer (DLoF); company to file in-principle application with exchanges under Reg 28(1) • Board appointed Ms. Anshu Kalra (ICSI A81607) as Company Secretary & Compliance Officer effective October 6, 2026 Impact: Neutral (up to ₹27 Cr rights raise to existing shareholders; terms, record date and pricing to be decided later)
Padam Cotton Yarns Ltd
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