Padam Cotton Yarns Ltd (PADAMCO) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Padam Cotton Yarns Ltd on NSE and BSE, with an AI summary of each filing.
Disclosure under Regulations 30 for the Rights issue of shares
Others (Uncategorized) · 09 Oct 2026, 11:42 pm
Padam Cotton Yarns Approves Rights Issue of Up to Rs 27 Crore Padam Cotton Yarns' Board of Directors approved a Rights Issue of equity shares with a face value of Re 1 each for an aggregate amount of up to Rs 27.00 crore. The Board also approved the Draft Letter of Offer (DLoF) and is submitting the in-principle application to the exchange. Terms, pricing, and the record date will be determined subsequently, subject to regulatory approvals. Additionally, the company appointed Ms. Anshu Kalra as Company Secretary and Compliance Officer, effective 6th Oct'26.
Outcome of Board Meeting
Outcome · 09 Oct 2026, 11:40 pm
Padam Cotton Yarns Approves ₹27 Crore Rights Issue and Secretarial Appointment The Board of Directors of Padam Cotton Yarns approved a Rights Issue of equity shares (face value Re. 1/- each) for an aggregate amount of up to ₹27.00 Cr to eligible shareholders as of a future record date, subject to regulatory approvals. The Board also cleared the Draft Letter of Offer (DLoF) for in-principle exchange approval. Additionally, the company formalized the appointment of Ms. Anshu Kalra as Company Secretary and Compliance Officer, effective 6th Oct'26.
Appointment of Company Secretary subject to approval of Board of Directors in their upcoming Board meeting.
Change in Management · 07 Oct 2026, 12:09 am
Padam Cotton Yarns Appoints Anshu Kalra as Company Secretary and Compliance Officer Padam Cotton Yarns Limited has appointed Ms. Anshu Kalra (ICSI Membership No. A-81607) as Company Secretary & Compliance Officer, effective 6th Oct'26. The appointment is subject to ratification by the Board of Directors at its upcoming meeting. Ms. Kalra brings professional expertise in corporate secretarial matters, corporate governance, MCA filings, and SEBI compliance. She holds no direct relationships with the company's existing directors.
Padam Cotton Yarns Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2026 ,inter alia, to consider and approve Draft Letter of Offer (DLoF) ....
Intimation · 06 Oct 2026, 11:55 pm
Padam Cotton Yarns Board to Consider Rights Issue Draft Letter of Offer Padam Cotton Yarns Limited has scheduled a Board of Directors meeting on 9th Oct'26 at its corporate office. The board will evaluate and approve the Draft Letter of Offer (DLoF) for a proposed Rights Issue of equity shares. Additionally, the board will consider the appointment of various intermediaries required for the Rights Issue, subject to requisite regulatory and statutory approvals.
Report under Reg. 44- Scrutinizers Report and Voting Results
Annual General Meeting · 04 Oct 2026, 2:29 am
Padam Cotton Yarns Approves All AGM Resolutions Including Capital Increase Padam Cotton Yarns Limited disclosed voting results for its 32nd AGM held on 30th Sep'26, with all five resolutions approved by requisite majority. Key approvals included the adoption of standalone audited financial statements, the appointment of M/s. Piyush Kothari & Associates as statutory auditors (97.11% votes in favor), an increase in authorized share capital with Memorandum of Association alterations (86.58% in favor), and the appointment of Dharmesh Mithabhai Patel as Non-Executive Independent Director (99.99% in favor). Total valid votes polled stood at 535,228 across resolutions.
Proceedings of AGM
Annual General Meeting · 01 Oct 2026, 4:34 am
Intimation on change of CIN
Others (Uncategorized) · 11 Sept 2026, 12:20 am
Padam Cotton Yarns Updates Corporate Identification Number Following MOA Alteration Padam Cotton Yarns Limited informed BSE that its Corporate Identification Number (CIN) has been updated on the MCA portal to L59110HR1994PLC033641, replacing the earlier CIN L17112HR1994PLC033641. This revision follows the alteration of the Main Object Clause of its Memorandum of Association, approved by shareholders via Postal Ballot on 1st Aug'26 and subsequently cleared by the Registrar of Companies. The company is actively updating the new CIN across its internal records, statutory filings, and corporate publications.
Disclosure for change in corporate office
Others (Uncategorized) · 10 Sept 2026, 11:52 pm
Padam Cotton Yarns Approves Establishment of New Corporate Office in Ahmedabad Padam Cotton Yarns Limited announced that its Board of Directors approved setting up a new Corporate Office at Sun Gravitas, Satellite, Ahmedabad (Gujarat). Additionally, the Board decided to maintain and keep the company's books of accounts at this newly established corporate office location.
Board meeting outcome for deciding the quantum of fund raising
Others (Uncategorized) · 10 Sept 2026, 11:51 pm
Padam Cotton Yarns Approves Rights Issue Up to Rs 27 Crore Padam Cotton Yarns Limited's Board of Directors approved raising funds up to Rs. 27.00 crore through a Rights Issue of equity shares of face value Re. 1/- each to eligible shareholders as of a record date to be announced later, subject to statutory approvals. Additionally, the Board approved shifting the company's Corporate Office to Sun Gravitas, Satellite, Ahmedabad, where its Books of Accounts will be maintained. Detailed terms and pricing of the Rights Issue will be decided at a later date.
Outcome of Board Meeting
Outcome · 10 Sept 2026, 11:48 pm
Padam Cotton Yarns Approves Rights Issue of Up to ₹27 Crore Padam Cotton Yarns Limited's Board of Directors approved raising funds up to ₹27.00 crore through a Rights Issue of equity shares of face value Re. 1/- each, subject to regulatory approvals. The record date and detailed terms will be determined subsequently. Additionally, the Board approved shifting the company's Corporate Office and books of accounts to Sun Gravitas, Satellite, Ahmedabad.
Submission of Annual report
Others (Uncategorized) · 07 Sept 2026, 11:47 pm
Submission of Notice AGM
Annual General Meeting · 07 Sept 2026, 11:41 pm
Outcome of Board Meeting
Others (Uncategorized) · 07 Sept 2026, 5:40 pm
Padam Cotton Yarns Approves Capital Hike to ₹49 Cr and Auditor Appointment Padam Cotton Yarns approved increasing its authorized share capital from ₹22.00 Cr to ₹49.00 Cr (divided into 49.00 Cr equity shares of ₹1 each) to facilitate future equity fundraising, subject to shareholder approval. The board also approved the appointment of M/s Piyush Kothari & Associates as statutory auditors for a four-year term, filling a casual vacancy following the resignation of SVJK & Associates. The 32nd AGM is scheduled for 30th Sep'26, with e-voting running from 27th Sep'26 to 29th Sep'26.
Padam Cotton Yarns Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/09/2026 ,inter alia, to consider and approve the amount for raising of ....
Intimation · 04 Sept 2026, 1:31 am
Padam Cotton Yarns Schedules Board Meeting to Finalize Rights Issue Size Padam Cotton Yarns Limited has scheduled a board meeting for 10th Sep'26 to finalize the quantum of funds and related terms for its upcoming Rights Issue. The board previously approved the Rights Issue as the fundraising mode on 14th Aug'26. This session will determine the exact issue size and incidental matters. Additionally, the trading window for the company's equity shares has been closed starting 3rd Sep'26 and will remain restricted until 48 hours after the final decisions are publicly disclosed.
Disclosure under Regulation 30 for the reconstitution of Committees
Others (Uncategorized) · 15 Aug 2026, 3:07 am
Padam Cotton Yarns Reconstitutes Board Committees Padam Cotton Yarns announced the reconstitution of its board committees, effective 14-Aug'26. Mrs. Kinjal Shah, a Non-Executive Independent Director, now chairs both the Audit Committee and the Nomination & Remuneration Committee. Mr. Ashutosh Alaru, a Non-Executive Director, will chair the Stakeholders Relationship Committee. The committees are primarily composed of non-executive and independent directors, with Mr. Dinesh Shreevastav (Whole-Time Director) also joining the Stakeholders Relationship Committee.
Disclosure under Regulation 32 of LODR- Monitoring Agency Report
Others (Uncategorized) · 15 Aug 2026, 2:55 am
Padam Cotton: Monitoring Agency Cites 15.23% Deviation in Rights Issue Fund Use Padam Cotton's monitoring agency, Infomerics, reported a 15.23% deviation in the use of its ₹18.71 crore rights issue proceeds for the quarter ended 30-Jun'26. A total of ₹2.85 crore was flagged as a deviation. This includes ₹2.48 crore in interest-bearing loans to Ved Shastra Astro (₹0.48 crore) and DSP Technical and Financial Services (₹2.00 crore), which were not specified objects of the issue. A further ₹0.37 crore reimbursement to Ved Shastra Astro for issue expenses was also noted as unverifiable by the agency.
Disclosure for resignation of Independent Director
Change in Management · 15 Aug 2026, 2:52 am
Padam Cotton Yarns Approves Rights Issue and Board Changes In its meeting on 14 Aug'26, the Board of Directors approved the unaudited standalone financial results for the quarter ended 30 Jun'26. The board also approved a plan to raise funds via a rights issue of fully-paid equity shares, with specific terms like issue size to be decided later. Furthermore, Mr. Dharmesh Mithabhai Patel was appointed as a Non-Executive Independent Director, effective 14 Aug'26. Concurrently, Mr. Anand Manoharlal Kothari's resignation as an Independent Director was accepted, effective 21 Nov'25, for professional reasons.
Disclosure for the Appointment and resignation of Independent Director
Change in Management · 15 Aug 2026, 2:50 am
Padam Cotton Yarns: Board Approves Rights Issue, Key Director Changes The Board approved Q1FY27 unaudited financials on Aug 14, '26, and a decision to raise funds via a rights issue of fully-paid equity shares. Details regarding the issue size and terms will be decided later. Mr. Anand Manoharlal Kothari resigned as an Independent Director, effective Nov 21, '25, due to professional commitments. Concurrently, Mr. Dharmesh Mithabhai Patel was appointed as an Additional Non-Executive Independent Director, effective Nov 21, '25, for a five-year term. Board committees have also been reconstituted.
Un-audited Financial Results for the quarter ended on 30-06-2026
Financial Result · 15 Aug 2026, 12:45 am
Outcome of the Board of Directors
Outcome · 15 Aug 2026, 12:41 am
Padam Cotton Yarns Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 ....
Intimation · 14 Aug 2026, 5:30 am
Padam Cotton Yarns Board to Consider Q1 Results and Fundraising on 14th Aug'26 Padam Cotton Yarns has scheduled a Board of Directors meeting on 14th Aug'26 to consider and approve its un-audited financial results for the quarter ending 30th Jun'26. The agenda also includes evaluating fundraising options through the issuance of equity shares, warrants, or other convertible securities via preferential issue, rights issue, or other permissible modes. The trading window for designated persons has been closed since 1st Jul'26 and will reopen 48 hours after the results are declared on 14th Aug'26.
Appointment of Statutory Auditor
Change in Auditor · 28 Jul 2026, 12:36 am
Padam Cotton Yarns Appoints New Statutory Auditor Following Resignation Padam Cotton Yarns announced a change in its statutory auditor on 27 Jul'26. The Board accepted the resignation of M/s. SVJK & Associates, effective immediately, citing that existing audit fees were not commensurate with the required effort given the company's growing scale and complexity. To fill the vacancy, the Board approved the appointment of M/s. Piyush Kothari & Associates as the new statutory auditor for FY 2026-27, subject to shareholder approval. SVJK & Associates confirmed no other material reasons for their departure.
Resignation of Statutory Auditor
Change in Auditor · 28 Jul 2026, 12:34 am
Padam Cotton Yarns Appoints New Auditor Following Resignation Over Fee Dispute Padam Cotton Yarns' Board of Directors accepted the resignation of statutory auditor SVJK & Associates (FRN: 135182W), effective 27-Jul-'26. The auditor cited an inability to reach an agreement on audit fees for FY27, noting that current fees were not commensurate with the company's growing scale and complexity. Concurrently, the board, on the Audit Committee's recommendation, appointed Piyush Kothari & Associates (FRN: 140711W) as the new statutory auditor to fill the casual vacancy for FY27, subject to shareholder approval at the next AGM.
Outcome of Board meeting for consideration of appointment & resignation of Statutory Auditor
Others (Uncategorized) · 28 Jul 2026, 12:32 am
Padam Cotton Yarns Appoints New Statutory Auditor Following Resignation Over Fees Padam Cotton Yarns announced that its statutory auditor, M/s. SVJK & Associates, resigned effective 27-Jul'26. The resignation letter cited audit fees not being commensurate with the required time, effort, and increasing business complexity. The Board has appointed M/s. Piyush Kothari & Associates as the new statutory auditor for FY27 to fill the casual vacancy, subject to shareholder approval. The outgoing auditor confirmed no other material reasons for their resignation and had issued their last audit report for FY26 on 30-May'26.
Disclosure upon receipt of Approval from BSE Limited vide their letter dated July 16, 2026 approving application under Regulation 31A of SEBI (LODR), Regulations, 2015
Others (Uncategorized) · 17 Jul 2026, 12:32 am
Padam Cotton Yarns Receives BSE Approval for Promoter Reclassification Padam Cotton Yarns announced on 16-Jul'26 that it received approval from BSE for the reclassification of eight entities from the "Promoter and Promoter Group" category. This includes Padam Sain Gupta, Prem Lata, Radhika Gupta, Vivek Gupta, Rajev Gupta, Rekha Gupta, and two HUFs. As per the filing, none of the outgoing promoters held any shares in the company at the time of reclassification. The approval follows the company's application dated 30-Mar'26 under Regulation 31A of SEBI (LODR) Regulations.