Padam Cotton Yarns Ltd — Important, 27-02-2026: Company Update

Padam Cotton Yarns is launching a Rights Issue to raise ₹18.71 Cr by offering 9.04 Cr new shares at ₹2.07 each, a ratio of 7 shares for every 10 held. The funds, ₹15.34 Cr for working capital and ₹2.62 Cr for general corporate purposes, will fuel its textile and garment trading expansion into new markets like Ahmedabad and Delhi. Notably, promoters will not subscribe, making public investor participation crucial for meeting the 90% minimum subscription requirement. This move aims to strengthen the balance sheet for growth initiatives.