Padam Cotton Yarns Ltd — Important, 16-03-2026: Company Update

Padam Cotton Yarns' board has approved the allotment of 9,03,70,000 Rights Equity Shares following its Rights Issue, which aimed to raise up to 18.71 Cr. Each share was allotted at ₹2.07, including a premium of ₹1.07. This significant allotment increases the company's paid-up equity share capital from 12.91 Cr to 21.947 Cr. This move strengthens the company's capital base, reflecting successful capital raising efforts through the rights issue.