
Acquisitions2 April 2026 at 10:29 am
Sachin Govindlal Modi Acquires 1.31% Stake in Padam Cotton Yarns Ltd via Open Market
AI Summary
Sachin Govindlal Modi has acquired 1.31% stake in Padam Cotton Yarns Ltd via open market as per the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition took place on 2nd April 2026. The total shares acquired by Modi are 2,877,448, which is equivalent to 1.08% of the total diluted share capital of the company. This acquisition makes Modi the new shareholder in the company. The company's equity share capital and total voting capital remain unchanged before and after the acquisition.
Key Highlights
- Sachin Govindlal Modi acquires 1.31% stake in Padam Cotton Yarns Ltd
- Acquisition made via open market
- Total shares acquired: 2,877,448
- Equivalent to 1.08% of the total diluted share capital
- Acquisition date: 2nd April 2026