Pursuant to Regulation 30 of SEBI Listing Regulations, 2015, Padam Cotton Yarns has informed that the Company has received the In-Principle Approval from the BSE vide its Letter No. LOD/Bonus/BNIP/KS/1595/2024-25 dated December 27, 2024, in terms of Regulation 28(1) of SEBI Listing Regulations, 2015, for the issuance and proposed allotment of not exceeding 3873000 Bonus Equity Shares in the ratio 1:1 i.e. One (1) new equity shares for every one (1) new equity share of Rs 10 each, held in the Company. The letter of In-Principle Approval is enclosed with this intimation.
The above information is a part of company’s filings submitted to BSE.