Padam Cotton Yarns Limited has officially confirmed the record date for its substantial rights issue following regulatory disclosures made to BSE Limited. The company has formally notified the exchange about fixing February 24, 2026, as the record date for determining shareholders eligible to participate in the rights offering, in compliance with SEBI regulations.

Rights Issue Framework

The rights issue represents a significant capital raising initiative, with the company having received in-principle approval from BSE Limited for the proposed offering. The issue follows the company's earlier board approval for raising funds not exceeding Rs 32.40 crore through the issuance of fully paid-up equity shares.

Regulatory Compliance and Timeline

The announcement comes pursuant to Regulation 30 read with Regulation 42 of the SEBI (LODR) Regulations, 2015, and Regulation 68 of the SEBI (ICDR) Regulations, 2018. The board meeting held on February 18, 2026, formalized the record date determination following the initial approval granted in an earlier board meeting.

The company has emphasized that this disclosure is made in furtherance to their previous intimation regarding the board's approval for the rights issue, demonstrating adherence to regulatory timelines and transparency requirements.

Shareholder Eligibility

Shareholders holding equity shares as of the close of business hours on February 24, 2026, will be eligible to receive rights entitlements and apply for the rights equity shares. The company has indicated that detailed terms and conditions will be outlined in the Letter of Offer, which will be filed with BSE Limited and made available on the company's website.

Corporate Structure

Padam Cotton Yarns Limited, incorporated under CIN L17112HR1994PLC033641, operates from its corporate office in Ahmedabad, Gujarat, with its registered office located in Karnal, Haryana. The company continues to maintain compliance with all applicable provisions of the Companies Act, 2013, and SEBI regulations throughout the rights issue process.

Padam Cotton Yarns Limited announced its unaudited financial results for the quarter ended December 31, 2025, along with significant board changes during its meeting held on February 09, 2026. The company reported strong operational performance with substantial revenue growth compared to the previous year.

Financial Performance Overview

The company's financial results for Q3FY26 demonstrate robust business performance across key metrics:

Nine Months Performance

For the nine months ended December 31, 2025, the company achieved strong financial results:

Cost Structure and Expenses

The company's expense breakdown for Q3FY26 shows:

• Cost of materials consumed: ₹1,868.50 lakhs
• Change in inventories: ₹(347.74) lakhs
• Employee benefits expense: ₹6.44 lakhs
• Finance costs: ₹0.01 lakhs
• Depreciation and amortisation: ₹0.68 lakhs
• Other expenses: ₹21.39 lakhs

Total expenses for the quarter amounted to ₹1,549.28 lakhs, resulting in a profit before tax of ₹305.49 lakhs.

Board Changes and Corporate Governance

The Board of Directors approved several important changes during the February 09, 2026 meeting:

Regulatory Compliance and Documentation

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. S V J K and Associates, Chartered Accountants (FRN: 135182W), conducted a limited review of the financial statements.

Mr. Mahendra Singh submitted his formal resignation letter citing unavoidable personal and professional commitments that prevent him from devoting requisite time and attention to his directorial duties. He confirmed there are no other material reasons for his resignation apart from those stated. The company operates in a single segment, and the financial statements have been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015 prescribed under Section 133 of the Companies Act 2013.

The Board meeting commenced at 05:00 P.M. (IST) and concluded at 05:30 P.M. (IST) on February 09, 2026. The QR Code of Financial Results will be published in the newspaper in terms of SEBI (LODR) Regulations 2015.