Pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors of Padam Cotton Yarns Limited ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Padam Cotton Yarns Limited's Board, at its meeting on April 1, 2025, approved the appointment of Mr. Dinesh Shivcharanbhai Shreevastav (DIN: 11030609) as an Additional Director in the Whole-Time Director category for three years (April 1, 2025 to March 31, 2028). Mr. Shreevastav is a professionally qualified candidate with a PG Diploma in Business Management, a PG Diploma in Business Accounting from Sydney, Australia, and a BE in Mechanical Engineering. He is not related to any existing director on the board, holds zero equity shares in the company, and is not debarred by SEBI from holding such office. His appointment is subject to shareholder approval at the forthcoming general meeting.
This is a routine executive board-level appointment that brings in an externally hired professional. It is unlikely to have an immediate material impact on the stock price, though shareholders will have a say through their vote at the upcoming general meeting.