Board approves Rs 27 crore Rights Issue, appoints new Company Secretary
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The board of Padam Cotton Yarns approved a Rights Issue of equity shares worth up to Rs 27 crore to existing eligible shareholders. The record date will be notified later. Separately, the board appointed Ms. Anshu Kalra as the new Company Secretary and Compliance Officer effective October 6, 2026.
Rights Issue may dilute existing shareholdings. Proceeds use not yet disclosed. CS appointment is routine.