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Other Textile Products
Board Meeting3 Sept 2026, 08:11 pm

Padam Cotton Yarns Board to Meet Sep 10 for Rights Issue Fund Raising

AI Summary

Padam Cotton Yarns Ltd has announced that its Board of Directors will convene on September 10, 2026, to consider and approve the amount for raising funds through a Rights Issue. This follows a previous decision on August 14, 2026, to proceed with a Rights Issue. The upcoming meeting will finalize the quantum of funds to be raised and other related terms. The company has also implemented a trading window closure for designated persons from September 3, 2026, until 48 hours after the results are declared.

Key Highlights

  • Board meeting scheduled for September 10, 2026.
  • Purpose: To approve amount for Rights Issue fund raising.
  • Previous decision to raise funds via Rights Issue made on August 14, 2026.
  • Trading window closed from September 3, 2026.