Padam Cotton Yarns Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/02/2026 ,inter alia, to consider and approve various matters in connection ....
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Padam Cotton Yarns Ltd has informed BSE that its Board of Directors will meet on February 18, 2026, to consider and decide on a Rights Issue. Key items on the agenda include determining the Rights Issue price, payment mechanism, entitlement ratio, and timing of the issue. The Board will also fix a record date to identify eligible shareholders for the Rights Issue. No specific price, ratio, or size of the Rights Issue has been disclosed in this intimation.
This is a standard advance intimation ahead of a potential capital raise. Shareholders should watch for the actual Rights Issue terms (price, ratio, discount to market) once approved on February 18, as a steeply priced issue could dilute existing holders, while a reasonably priced one may be neutral to positive.