Rights Issue9 Oct 2026, 06:10 pm
Padam Cotton Yarns Announces Rights Issue of ₹27 Crore
AI Summary
Padam Cotton Yarns Ltd announced that its Board of Directors has approved a Rights Issue of equity shares aggregating up to ₹27,00,00,000 (Rupees Twenty Seven Crore Only). The issue will be on a rights basis to eligible equity shareholders as of a record date to be subsequently notified. The company also appointed Ms. Anshu Kalra as Company Secretary & Compliance Officer effective October 06, 2026. The Board meeting was held on October 09, 2026.
Key Highlights
- Board approves Rights Issue to raise up to ₹27 Crore.
- Equity shares to be issued on a rights basis to existing shareholders.
- Ms. Anshu Kalra appointed as Company Secretary & Compliance Officer.
- Record date for the Rights Issue to be announced later.
Price Impact
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