Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Padam Cotton Yarns has informed that the members of the Company at the Extraordinary General Meeting held on Monday, February 24, 2025, at 12:00 pm, at the Registered Office of the Company have approved the Issuance of Bonus Equity Shares in the ratio of 2:3 i.e. Two Bonus Equity Shares of face value of Rs 10 each for every Three existing fully paid-up Equity Share having face value of Rs 10 each, held by the eligible Shareholders of the Company as on the Record Date, subject to other statutory/regulatory approvals, consents, permissions, conditions, and sanctions, as required. The information in regard to the abovementioned approval in terms of Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, is given in Annexure-I this letter. The aforesaid information is also being uploaded on the Company’s website at https://www.padamcotton.com/.
The above information is a part of company’s filings submitted to BSE.
