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Padam Cotton Yarns informs about outcome of board meeting

24 Jan 2025 Evaluate
In pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, Padam Cotton Yarns has submitted outcome of the board meeting of Padam Cotton Yarns held today i.e., Friday, 24th January, 2025, has considered and approved: 1. To increase in Authorised Capital from existing Rs 10,00,00,000 (Rupees Ten Crores Only) to Rs 13,00,00,000 (Rupees Thirteen Crores Only) and corresponding amendments to the Clause V of the Memorandum of Association of the Company subject to approval of Shareholders in General Meeting; 2. To Issuance of Bonus Shares in the ratio of 02:03 i.e. Two (02) Bonus Equity Shares of face value of Rs 10 each for every Three (03) existing Equity Share of face value of Rs 10 each held by the Shareholders of the Company as on Record Date to be fixed for bonus issue. The Bonus Issue of Equity Shares is subject to approval of the shareholders and other applicable statutory and regulatory approvals, as may be required; 3. The Draft Notice of Extraordinary General Meeting (EGM) of the Company to be held on Monday, February 24, 2025, to seek necessary approval of the members of the Company for the aforesaid Bonus Issue and Other items; etc.

The above information is a part of company’s filings submitted to BSE.

Padam Cotton Yarns Share Price

0.95 -0.02 (-2.06%)
19-Jun-2026 16:59 View Price Chart
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