ALPHA TRIBE

Padam Cotton Yarns LtdImportant, 09-10-2025: Company Update

09-10-2025 | 08:04 pm

PADAMCO's board has approved a plan to raise funds up to Rs 32.40 Cr through a Rights Issue of equity shares. This issuance will be offered to eligible equity shareholders on a record date yet to be announced. This strategic move aims to strengthen the company's capital base and support its operations, providing existing shareholders an opportunity to participate in the company's future by subscribing to new shares. The specific terms of the Rights Issue will be decided and announced later by the board or a committee.

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