Promoter Reclassification5 Jun 2026, 04:05 pm
Padam Cotton Yarns Applies for Promoter Reclassification
AI Summary
Padam Cotton Yarns Ltd has submitted an application to BSE Limited on March 30, 2026, seeking reclassification of its promoters from 'Promoter' and 'Promoter Group' categories to the 'Public' category, as per SEBI (LODR) Regulations, 2015. The company had previously received Board of Directors' approval for this reclassification on March 27, 2026. The application details the promoters involved, with their shareholding listed as zero, indicating a complete exit from promoter status.
Key Highlights
- Company applied for promoter reclassification to public category.
- Application submitted to BSE on March 30, 2026.
- Board approval for reclassification received on March 27, 2026.
- All listed promoters show zero shareholding.
Price Impact
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