Padam Cotton Yarns Ltd — Important, 16-09-2025: Company Update
16-09-2025 | 01:47 pm
16-09-2025 | 01:47 pm
Padam Cotton Yarns Limited clarified the adjusted dividend rate following a stock split. The face value of each equity share was sub-divided from ₹10 to ₹1, proportionally increasing the number of shares. Consequently, the dividend per share, previously set by the Board, has been adjusted from ₹1 to ₹0.10 per share. The company emphasizes that this apparent change is solely due to the stock split, and the effective total dividend payout to shareholders remains unchanged. This ensures investors receive the same aggregate dividend amount despite the revised per-share figure.
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