Padam Cotton Yarns Limited has received a disclosure under SEBI regulations regarding the complete divestment of shares by Sachin Govindlal Modi. The latest disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals Modi's complete exit from his shareholding position in the textile company.

Complete Divestment Transaction

Sachin Govindlal Modi executed a complete sale of his entire shareholding through open market operations on 06/04/2026. The transaction resulted in his complete exit from Padam Cotton Yarns Limited, reducing his holding to zero.

Shareholding Position Changes

The disclosure shows Modi's complete exit from his investment in Padam Cotton Yarns Limited. His shareholding journey reflects significant trading activity over recent transactions.

Complete Transaction History

Modi's trading activity in Padam Cotton Yarns shows a series of divestment transactions. Starting from an original holding of 4977448 shares (2.27%), he executed multiple sales including 2100000 shares on 01/04/2026, followed by acquisition of 505830 shares on 02/04/2026, and finally the complete exit on 06/04/2026.

Regulatory Compliance

The disclosure confirms that Sachin Govindlal Modi does not belong to the promoter or promoter group of Padam Cotton Yarns Limited. The company's shares are listed on the Bombay Stock Exchange Limited, and the total equity share capital remains unchanged at 219470000 shares.

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.