Padam Cotton Yarns Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/09/2025 ,inter alia, to consider and approve as mentioned, in the letter attached
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Awaiting price reaction for this filing.
Padam Cotton Yarns Ltd has informed BSE that its Board of Directors will meet on Monday, September 15, 2025 at the Corporate Office. The key agenda is to evaluate and approve raising of funds through the issue of equity shares and/or other eligible securities, including warrants, convertible or exchangeable instruments. The mode of issue could be a preferential issue, rights issue, or any other permissible route, subject to necessary approvals. No specific amount, pricing, or investor details have been disclosed in this intimation. The filing is made under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements.
This is an advance intimation of a possible equity dilution event. Shareholders should watch for the outcome of the September 15 board meeting, as approval of a fund-raising plan could lead to dilution of existing holdings depending on the size and mode of issue. The vague language suggests details are yet to be finalised, so the actual impact on share price will depend on what is ultimately approved.