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As on : 10-Sep-2026
Hot Pursuit
10-Sep-2026     18:39

Padam Cotton Yarns Limited raises Rs 27 crore through a rights issue to shareholders

Padam Cotton Yarns Limited announced a rights issue to raise up to Rs 27,00,00,000 (Rupees Twenty Seven Crore only) through the issuance of equity shares with a face value of Re. 1 each, subject to regulatory approvals and terms to be decided later; the rights issue will be offered to eligible shareholders on a record date to be notified subsequently. The board also approved shifting the company's corporate office from Ahmedabad to a new location near Shyamal Bridge, Satellite, Ahmedabad, and will maintain its books of accounts at the new office.

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