Padam Cotton Yarns Limited has submitted its mandatory compliance certificate under SEBI Depositories Regulations for the quarter ended March 31, 2026. The textile company filed the certificate with BSE Limited on April 04, 2026, fulfilling its regulatory obligations under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The compliance certificate was issued by Beetal Financial & Computer Services (P) Ltd, which serves as the company's SEBI-approved Registrar and Transfer Agent. The certificate confirms adherence to prescribed procedures for handling dematerialization processes during the reporting quarter.

Certificate Confirmation

Beetal Financial & Computer Services confirmed that all securities received from Depository Participants for dematerialization during the quarter were properly processed and confirmed to the depositories. The RTA verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

The certificate also confirms compliance with procedural requirements:

• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners
• All processes were completed within the prescribed 15-day timeframe

Corporate Information

Padam Cotton Yarns Limited operates with its corporate office located at C-801, 8th Floor, Krish Cubical, Sindhu Bhavan Marg, Thaltej, Ahmedabad, Gujarat. The company's registered office is situated at 196, 1st Floor, G.T. Road, Opp. Red Cross Market, Karnal. The compliance certificate was signed by Dinesh Shreevastav, Whole-Time Director, confirming the company's adherence to regulatory requirements for the quarter ended March 31, 2026.

Padam Cotton Yarns Limited has received another disclosure from Sachin Govindlal Modi regarding a further reduction in his shareholding under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This latest transaction represents a continued divestment by Modi, who is not part of the company's promoter group.

Latest Transaction Details

Modi executed another share sale through open market transactions on 30/03/2026, just six days after his previous transaction. The disclosure reveals a further reduction in his equity position in the textile company.

Updated Shareholding Position

The recent transaction resulted in another significant change in Modi's ownership structure within Padam Cotton Yarns Limited. His shareholding position has been further reduced following this second divestment within a week.

Transaction History

Modi's recent trading activity shows a pattern of systematic divestment. His previous transaction on 24/03/2026 involved selling 857500 shares, reducing his holding from 3.14% to 2.75%. The latest transaction further reduces his position to 2.27%.

Company Information

Padam Cotton Yarns Limited maintains its equity structure unchanged following these transactions. The company's shares continue to be listed on the Bombay Stock Exchange, providing liquidity for such transactions.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions and disposals. Modi confirmed that he does not belong to the promoter or promoter group of Padam Cotton Yarns Limited. The transaction involved only shares carrying voting rights, with no encumbrances, warrants, or convertible securities involved in the disposal.

The formal disclosure was submitted to both the Bombay Stock Exchange and the Board of Directors of Padam Cotton Yarns Limited from Ahmedabad on 30/03/2026, ensuring full regulatory compliance and transparency in the share transaction process.