Padam Cotton Yarns Appoints New Director, Approves Rights Issue

Padam Cotton Yarns Ltd announced key board decisions including the appointment of Mr. Dharmesh Mithabhai Patel as an Additional Director (Non-Executive Independent) effective November 21, 2025, and the acceptance of Mr. Anand Manoharlal Kothari's resignation from the independent director role, also effective November 21, 2025. The board also approved the company's unaudited standalone financial results for the quarter ended June 30, 2026, along with limited review reports. Furthermore, the company plans to raise funds through a Rights Issue, with detailed terms to be decided in a future meeting. Committee re-constitutions were also approved.