ALPHA TRIBE

Padam Cotton Yarns LtdImportant, 28-02-2026: Company Update

28-02-2026 | 04:48 pm

Padam Cotton Yarns has confirmed the publication of pre-issue advertisements for its upcoming Rights issue. The company plans to raise up to Rs 18.71 Cr by offering new equity shares to eligible shareholders. The record date for determining eligible shareholders was February 24, 2026. This move aims to secure funding through existing investors, potentially impacting shareholding structure and liquidity. The advertisements were published in Financial Express (English, Gujarati) and Jansatta (Hindi), with details also on the company's website.

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