Rights Issue9 Oct 2026, 06:12 pm
Padam Cotton Yarns Approves ₹27 Cr Rights Issue
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, subject to regulatory approvals. The Board also appointed Ms. Anshu Kalra as Company Secretary & Compliance Officer. The company is in the process of submitting an application for the rights issue with the exchange.
Key Highlights
- Board approves Rights Issue of equity shares up to ₹27 Crore.
- Issue to be made on rights basis to eligible shareholders.
- Ms. Anshu Kalra appointed as Company Secretary & Compliance Officer.
- Company to submit application for rights issue to the exchange.
Price Impact
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