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Padam Cotton Yarns Limited has completed the allotment of its Rights Issue, issuing 9,03,70,000 equity shares at a price of ₹2.07 per share (face value ₹1, premium ₹1.07). The total size of the issue is up to ₹1,870.659 lakhs. As a result, the company's paid-up equity share capital has increased from ₹12,91,00,000 to ₹21,94,70,000, nearly a 70% expansion. The Letter of Offer was dated February 18, 2026, and the allotment was approved by the Board on March 16, 2026. BEETAL Financial & Computer Services acted as the Registrar to the Issue.
The rights issue significantly dilutes existing shareholders by increasing share count by about 70%, though the issue price of ₹2.07 is only modestly above face value. Shareholders should note the expanded share base when evaluating per-share metrics going forward.