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Awaiting price reaction for this filing.
Padam Cotton Yarns Limited has submitted newspaper clippings of the pre-issue advertisement published on February 27, 2026 in Financial Express (English, national), Jansatta (Hindi, national) and Financial Express (Gujarati, Gujarat edition). The company is raising up to Rs. 18.70 crores through a Rights Issue of up to 90,37,000 equity shares at Rs. 2.07 per share (face value Rs. 1.00 + premium Rs. 1.07), in the ratio of 7 rights shares for every 10 shares held. The record date was February 24, 2026. The issue opens on March 2, 2026, with last date for market renunciation on March 4, 2026, and closes on March 9, 2026. Beetal Financial is the registrar and ICICI Bank is the banker to the issue.
This is a regulatory newspaper publication related to the company's ongoing Rights Issue of about Rs. 18.70 crores. Existing shareholders as of the record date (Feb 24, 2026) can subscribe to the rights shares between March 2 and March 9, 2026; failure to act may result in dilution of holdings.