Rathod Manoj Chhaganlal HUF Completely Exits Padam Cotton Yarns Limited
Rathod Manoj Chhaganlal HUF has completely divested from Padam Cotton Yarns Limited by selling all remaining 2,781,901 shares through open market transactions on 13/04/2026. This follows an earlier transaction where the HUF had reduced its holding from 1.54% to 1.26%, and now marks a complete exit with zero shareholding in the textile company.
*this image is generated using AI for illustrative purposes only.
Padam Cotton Yarns Limited has received a disclosure from Rathod Manoj Chhaganlal HUF regarding a complete exit from the company under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a total divestment by the HUF from the textile company.
Complete Exit Transaction
The latest disclosure reveals that Rathod Manoj Chhaganlal HUF sold all its remaining 2,781,901 shares through open market transactions on 13/04/2026. This sale resulted in a complete exit, reducing the HUF's shareholding from 1.26% to zero percent of the company's total share capital.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 2,781,901 |
| Transaction Mode: | Open Market |
| Transaction Date: | 13/04/2026 |
| Final Holding: | 0% |
Shareholding Movement
The HUF's complete exit follows a series of transactions. The entity previously held 3,392,440 shares (1.54%) before reducing to 2,781,901 shares (1.26%) in an earlier transaction on 06/04/2026. The latest transaction on 13/04/2026 resulted in the complete disposal of all remaining shares.
| Shareholding Timeline: | Initial Position | After First Sale | After Complete Exit |
|---|---|---|---|
| Number of Shares: | 3,392,440 | 2,781,901 | 0 |
| Percentage Holding: | 1.54% | 1.26% | 0% |
| Voting Rights: | 1.54% | 1.26% | 0% |
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that Rathod Manoj Chhaganlal HUF does not belong to the promoter or promoter group of Padam Cotton Yarns Limited. The disclosure was signed by Manoj Rathod as Karta of the HUF from Ahmedabad.
Company Information
Padam Cotton Yarns Limited maintains its equity share capital at 219,470,000 shares, which remained unchanged throughout the transaction period. The company's shares are listed on the Bombay Stock Exchange Limited, facilitating such open market transactions.
The complete exit reflects a strategic portfolio decision by the HUF, marking the end of its investment in the textile company after holding shares for an undisclosed period.
Historical Stock Returns for Padam Cotton Yarns
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.17% | -4.76% | -42.20% | -72.45% | -79.30% | +316.67% |
What factors might have prompted this strategic divestment from the textile sector, and could this signal broader investor sentiment shifts in the cotton yarn industry?
Will Padam Cotton Yarns Limited consider share buyback programs or new institutional partnerships to fill the void left by this significant shareholding exit?
How might this complete divestment impact Padam Cotton Yarns' stock liquidity and trading volumes in the coming quarters?
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