Padam Cotton Yarns Approves Rights Issue Up To ₹27 Crore

Board approved rights issue of Re.1 equity shares up to Rs 27 Cr to eligible shareholders on record date and shifting corporate office within Ahmedabad. Rights price, ratio and record date to be fixed later by board/committee, subject to regulatory approvals under SEBI ICDR and Companies Act. Issue will dilute non-participating holders; purpose of funds, timeline and entitlement terms not disclosed; office shift is administrative.