Padam Cotton Yarns Ltd — Updates, 23-04-2025: Company Update

Padam Cotton Yarns Limited's Board of Directors has approved a split of equity shares, converting 1 share of ₹10 into 10 shares of ₹1 each, pending shareholder approval. This move is aimed at enhancing liquidity and encouraging small investor participation. The authorized share capital will be adjusted to ₹13 Crore, entailing the alteration of the Memorandum of Association. Mr. Ashish Goyal has been appointed as the scrutinizer for the upcoming e-voting. This initiative could positively impact investor sentiment by making shares more accessible, potentially increasing interest in the stock.