Padam Cotton Yarns Limited , a key player in the textile industry, has announced a significant addition to its leadership team. The company has appointed Mr. Shamik Dasgupta as its new Company Secretary & Compliance Officer, effective October 9, 2025. This strategic move aims to strengthen the company's corporate governance and compliance framework.

Key Appointment Details

Professional Background

Mr. Dasgupta brings a wealth of experience to his new role at Padam Cotton Yarns Limited. With a career spanning three decades, he has developed extensive expertise in several critical areas:

• Corporate Governance
• Compliance Management
• Policy Formulation and Implementation
• Financial Management
• Consultancy

His professional journey includes notable stints at prestigious institutions in the financial sector. Mr. Dasgupta has held senior positions at the Calcutta Stock Exchange and the National Stock Exchange of India Limited, which have undoubtedly contributed to his comprehensive understanding of financial markets and regulatory frameworks.

Implications for Padam Cotton Yarns Limited

The appointment of Mr. Dasgupta is a strategic move that aligns with Padam Cotton Yarns Limited's commitment to maintaining high standards of corporate governance and regulatory compliance. His extensive experience in the field is expected to bring valuable insights and strengthen the company's compliance processes.

Additional Corporate Developments

In a separate but related development, Padam Cotton Yarns Limited has also announced plans for a rights issue. The company's Board of Directors, in a meeting held on October 9, 2025, approved the issuance of equity shares with a face value of Re. 1 each, aiming to raise up to Rs. 32.40 crore. This rights issue is subject to regulatory approvals and will be offered to eligible shareholders on a date to be announced later.

The appointment of Mr. Shamik Dasgupta as Company Secretary & Compliance Officer, coupled with the planned rights issue, signals Padam Cotton Yarns Limited's focus on strengthening its corporate structure and financial position. These moves are likely to be closely watched by investors and industry observers for their potential impact on the company's future growth and governance practices.

Padam Cotton Yarns Limited , a textile company, is considering various fund raising options to bolster its financial position. The company's Board of Directors met on September 15, 2025, to evaluate potential strategies for securing additional capital.

Fund Raising Options Under Consideration

During the board meeting, which lasted from 5:30 PM to 6:00 PM, the directors discussed several fund raising alternatives, including:

1. Preferential issue of equity shares
2. Rights issue of equity shares

These options are being explored with the primary goal of strengthening the company's financial standing to address both working capital needs and long-term funding requirements.

Decision for Further Deliberation

After careful consideration, the Board determined that more detailed discussions are necessary before making a final decision. As a result, they have scheduled a follow-up meeting for September 24, 2025. This upcoming meeting will focus on:

• Further evaluation of the proposed fund raising options
• Potential approval of share issuance, subject to regulatory approvals and compliance requirements

Regulatory Compliance

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Padam Cotton Yarns Limited has duly informed the BSE Limited about the outcome of the board meeting. This transparency ensures that shareholders and the market are kept informed about potential significant changes in the company's capital structure.

Management Statement

Dinesh Shreevastav, Whole-Time Director of Padam Cotton Yarns Limited, signed the official communication to the BSE, underlining the company's commitment to following proper corporate governance procedures.

The decision to explore fund raising options suggests that Padam Cotton Yarns Limited is taking proactive steps to ensure its financial stability and support its operational needs. Shareholders and market observers will likely be awaiting the outcome of the September 24 meeting for more concrete details on the company's capital raising plans.