Promoter Reclassification16 Jul 2026, 07:10 pm
Padam Cotton Yarns: BSE Approves Promoter Reclassification
AI Summary
Padam Cotton Yarns Ltd has received approval from BSE Limited for the reclassification of its 'Promoter' and 'Promoter Group' categories. This approval is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing details the specific promoters whose status has been reclassified, with their shareholding now listed as zero. The company has enclosed the approval letter from BSE and will also make this information available on its website. This regulatory step is crucial for the company's corporate structure and compliance.
Key Highlights
- BSE approved Padam Cotton Yarns' promoter reclassification request.
- Reclassification is under SEBI (LODR) Regulations, 2015, Regulation 31A.
- Specific promoter names are listed with zero shares post-reclassification.
- Company confirms compliance with regulatory requirements.
- Information to be hosted on the company's official website.
Price Impact
More from PADAMCO
More in Promoter Reclassification