Pursuant to the Regulation 30 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Padam Cotton Yarns has informed that Naresh Chand Goyal (DIN: 07608268), vide his letter dated January 9, 2025 has tendered his resignation as Non-Executive Independent Director of the Company with effect from the close of business hours on January 9, 2025 due to health issues and the same has been noted in the board meeting held on January 9, 2025 at 11:00 AM concluded at 11:30 AM. The requisite disclosure as required as per the requirement of Regulation 30 read with clause 7B of Part A of Schedule III of the Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 enclosed as Annexure-A. Further, the Company has received confirmation from Naresh Chand Goyal that there are no material reasons for his resignation other than those mentioned in his resignation letter January 9,2025, and the same is enclosed as Annexure-B.
The above information is a part of company’s filings submitted to BSE.
