Padam Cotton Yarns Ltd — Important, 18-02-2026: Company Update

Padam Cotton Yarns' Board has approved the terms for its Rights Issue. The company will offer 9.037 crore new equity shares at Rs 2.07 each, including a premium of Rs 1.07, aiming to raise Rs 18.71 crore (assuming full subscription). Eligible shareholders will receive 7 Rights Equity Shares for every 10 shares held on the Record Date, set for February 24, 2026. The issue opens on March 2, 2026, and closes on March 9, 2026. This capital raise will increase the company's total outstanding shares from 12.91 crore to 21.95 crore, strengthening its financial position.