PADAM COTTON YARNS LTD.

Padam Cotton Yarns Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is in preparation for the declaration of un-audited financial results for the first quarter ended June 30, 2026. The window will be shut for all directors, designated employees, connected persons, and their immediate relatives from July 01, 2026, until 48 hours after the financial results are declared. The specific date of the board meeting to consider these results will be communicated later.

Padam Cotton Yarns Ltd has submitted its Monitoring Agency Report for the quarter ended March 31, 2026. The report, issued by Infomerics Valuation and Rating Limited, indicates a deviation of 15.23% (₹2.85 crore) in the utilization of funds raised through a Rights Issue of ₹18.71 crore. The deviations include ₹0.37 crore related to issue expenses paid to Ved Shastra Astro and ₹2.48 crore deployed as loans and advances to Ved Shastra Astro and DSP Technical and Financial Services, which the Monitoring Agency could not independently verify. The company stated that issue-related expenses were reimbursed, and funds were deployed for general corporate purposes, but the nature and purpose of advances to third parties were not specified in the offer document.

Padam Cotton Yarns Ltd has submitted an application to BSE Limited on March 30, 2026, seeking reclassification of its promoters from 'Promoter' and 'Promoter Group' categories to the 'Public' category, as per SEBI (LODR) Regulations, 2015. The company had previously received Board of Directors' approval for this reclassification on March 27, 2026. The application details the promoters involved, with their shareholding listed as zero, indicating a complete exit from promoter status.

Eswara Rao Nandam and Persons Acting in Concert (PACs) have disclosed a change in their shareholding in Padam Cotton Yarns Ltd. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicates a total acquisition of 1,75,27,250 shares, representing 8.28% of the total voting capital. The acquisition was made through open market purchases. The total shareholding of Eswara Rao Nandam and PACs post-acquisition stands at 1,81,77,250 shares, amounting to 8.62% of the company's total share capital.

Padam Cotton Yarns Ltd's board approved the change of registered office from Haryana to Gujarat, subject to approvals. They also approved altering the object clause by adding new clauses to the Memorandum of Association, pending shareholder approval via postal ballot. The board did not recommend a dividend for FY26 to conserve resources. Additionally, the resignation of the Company Secretary & Compliance Officer, Mrs. Vidisha Rathod, was noted.

Padam Cotton Yarns Ltd's board approved the annual audited standalone financial results for the year ended March 31, 2026. The board decided not to recommend any dividend to conserve financial resources. They also approved altering the object clause in the Memorandum of Association and shifting the registered office from Haryana to Gujarat, subject to approvals. Vidisha Rathod resigned as Company Secretary & Compliance Officer effective May 28, 2026.

Padam Cotton Yarns Ltd's board meeting on May 30, 2026, approved the audited standalone financial results for the year ended March 31, 2026. The board decided not to recommend any dividend for FY26 to conserve financial resources. They also approved alteration of the object clause in the Memorandum of Association and shifting of the registered office from Haryana to Gujarat, subject to approvals. Mrs. Vidisha Rathod resigned as Company Secretary & Compliance Officer effective May 28, 2026.

Padam Cotton Yarns Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, along with the audit report. The board will also consider a proposal for a final dividend on equity shares for the financial year 2025-26, subject to shareholder approval. The trading window closure, which began on April 1, 2026, will end 48 hours after the declaration of the audited results.

Padam Cotton Yarns Ltd has received a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to Eswara Rao Nadam and Persons Acting in Concert (PACs).

Rathod Manoj Chhaganlal HUF has disclosed a transaction in Padam Cotton Yarns Ltd shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The entity sold its entire holding of 2,781,901 shares, representing 1.26% of the company's total share capital, through an open market transaction. Prior to this sale, Rathod Manoj Chhaganlal HUF held 1.26% of the voting rights, which is now reduced to NIL after the transaction.