Padam Cotton Yarns Limited has announced important dates and details regarding its proposed final dividend for the financial year 2024-25. The company's Board of Directors has recommended a final dividend of Rs. 0.10 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Key Details

Dividend Payment Process

The final dividend, if approved by shareholders at the AGM, will be paid within 30 days from the date of approval. The company will deduct applicable tax at source before making the payment.

Annual General Meeting

Padam Cotton Yarns Limited has scheduled its 31st Annual General Meeting for September 11, 2025, at 12:00 P.M. The AGM will be held at the company's registered office located at 196, 1st Floor, G.T. Road, Opp. Red Cross Market, Karnal- 132001.

E-Voting and Book Closure

Shareholders holding shares as of the cut-off date (September 23, 2025) can participate in the e-voting process.

Appointment of Statutory Auditors

The Board has approved the appointment of M/s. SVJK & Associates, Chartered Accountants, Ahmedabad (FRN-135182W), as the Statutory Auditors of the Company for a term of four consecutive years, subject to shareholder approval at the AGM.

Additional Corporate Actions

In a separate announcement, the company disclosed that its Board of Directors will meet on September 15, 2025, to evaluate potential fundraising options. These may include issuing equity shares, warrants, or other eligible securities through various modes such as preferential issue or rights issue, subject to necessary approvals.

Investors and shareholders are advised to take note of these important dates and developments. The final dividend payment remains subject to shareholder approval at the upcoming AGM.

Padam Cotton Yarns Limited , a prominent player in the textile industry, has announced its unaudited financial results for the first quarter ended June 30, 2025, alongside a key appointment in its corporate governance structure.

Q1 Financial Highlights

The company reported a robust financial performance for the quarter:

Padam Cotton Yarns demonstrated significant growth in Q1 FY2026, with revenue from operations reaching ₹1,370.88 lacs, a slight increase from the previous quarter. The company's net profit stood at ₹202.95 lacs, maintaining a strong bottom line despite a marginal decrease from Q4 FY2025.

Appointment of New Secretarial Auditor

In a move to strengthen its corporate governance practices, the Board of Directors has approved the appointment of Mr. Ashish Goyal as the company's Secretarial Auditor. Key details of the appointment include:

• Appointee: Mr. Ashish Goyal, Proprietor of M/s A. Goyal & Associates, Company Secretaries
• Membership: ICSI Membership No. A52796
• Term: Five years, from FY 2025-26 to FY 2029-30
• Subject to: Shareholder approval at the upcoming Annual General Meeting

Mr. Goyal brings extensive experience in corporate laws, secretarial audits, compliance management, and regulatory filings. His firm, M/s A. Goyal & Associates, is based in Karnal, Haryana, and holds Peer Review Certificate No. 5428/2024 from ICSI.

Board Meeting Details

The company's Board of Directors convened on July 31, 2025, to approve these matters. The meeting, which started at 12:00 P.M. (IST), concluded at 12:30 P.M. (IST).

Padam Cotton Yarns Limited continues to demonstrate its commitment to transparency and corporate governance through timely disclosures and strategic appointments. The company's strong financial performance in Q1 FY2026 reflects its resilience and growth potential in the textile sector.