Padam Cotton Yarns Board Meeting on Oct 9 to Approve Rights Issue Draft

Padam Cotton Yarns Ltd has announced that its Board of Directors will convene on October 9, 2026. The primary agenda item for this meeting is to consider and approve the Draft Letter of Offer (DLoF) for a proposed Rights Issue of shares. Additionally, the board will discuss and appoint various intermediaries required for facilitating this Rights Issue. The approval of these documents and appointments is subject to obtaining necessary regulatory and statutory clearances.