Outcome of Board Meeting for the unaudited financial results for the quarter and nine months ended December 31,2025 and other agenda.
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Padam Cotton Yarns' board, at its meeting on February 9, 2026, approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025, along with a clean limited review report from statutory auditors S V J K and Associates (no qualifications or emphasis of matter noted in the review conclusion). Separately, Mr. Mahendra Singh (DIN: 07684132) resigned as Non-Executive Director citing personal and professional commitments, effective the close of business hours on February 9, 2026. Additionally, Mr. Ashutosh Allaru's (DIN: 07618648) designation was changed from Non-Executive Independent Director to Non-Executive Non-Independent Director, with his office now liable to retire by rotation.
Routine quarterly results disclosure with no apparent auditor qualifications. The reclassification of Mr. Ashutosh Allaru from Independent to Non-Independent Director reduces the count of independent directors on the board, which investors should monitor for continued compliance with SEBI's minimum independent director norms under the Listing Regulations.