Padam Cotton Yarns MD, chairman, board of directors and AGM
BSE: 531395Textiles & ApparelsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹0.87.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹19 Cr3,739th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 1.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 32.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 26.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 3,60,951
Padam Cotton Yarns board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
4 directors2 independent1 executive1 non-executive
- KINJAL JIGAR SHAHIndependent · joined Apr 2025 · 13 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- ASHUTOSH ALARUNon-executive · joined Jan 2025 · 1 listed board · 1 committee seat, 1 as chair
- ANAND MANOHARLAL KOTHARIIndependent · joined Jan 2025 · 17 months as independent · 1 listed board · 1 as independent · 2 committee seats
- DINESH SHIVCHARANBHAI SHREEVASTAVExecutive · joined Apr 2025 · 1 listed board · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- MAHENDRA SINGH, left 9 Feb 2026: Others
- NIKITA KUSHAN KARIA, left 12 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20264 of 4 present2 independent · 63 days in between
- 27 Mar 20264 of 4 present2 independent
- 16 Mar 20264 of 4 present2 independent
- 9 Mar 20264 of 4 present2 independent
Audit Committee
Chair KINJAL JIGAR SHAH
ANAND MANOHARLAL KOTHARI, ASHUTOSH ALARU
- 30 May 20263 of 3 present2 independent · 74 days in between
- 16 Mar 20263 of 3 present2 independent
Nomination and remuneration committee
Chair KINJAL JIGAR SHAH
ANAND MANOHARLAL KOTHARI, ASHUTOSH ALARU
- 9 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair ASHUTOSH ALARU
ANAND MANOHARLAL KOTHARI, DINESH SHIVCHARANBHAI SHREEVASTAV
- 30 May 20263 of 3 present2 independent · 74 days in between
- 16 Mar 20263 of 3 present2 independent · 34 days in between
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- SVJK & ASSOCIATESPeer-review certificate valid to Nov 2026
1 earlier auditor
- M/s. Viney Goel & AssociatesNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Padam Cotton Yarns AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Padam Cotton Yarns dividend history
Annual general meeting, 30 Sep 2026
29,191 shareholders on the register on 23 Sep 2026; present: 0 promoters and 32 others; votes counted by AHISH GOYAL / ASHISH GOYAL & CO..The company's voting result (opens in a new tab)
- Adoption of Audited Standalone Financial Statements for the Financial Year ended 31st March, 2026 and the Reports of Board of Directors and Auditors thereonOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.24%
- Appointment of M/s. Piyush kothari & associates, chartered accountants (FRN: 140711W) as the statutory auditors of the company to fill the casual vacancy caused:Ordinary97.11% for2.89% against
Against: promoters 0.00% · institutions 0.00% · other public 2.89%
Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.24%
- To appoint M/s. Piyush Kothari & Associates, Chartered Accountants (FRN: 140711W) as a statutory auditor of the companyOrdinary97.11% for2.89% against
Against: promoters 0.00% · institutions 0.00% · other public 2.89%
Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.24%
- TO INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY AND SUBSEQUENT ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATIONOrdinary86.58% for13.42% against
Against: promoters 0.00% · institutions 0.00% · other public 13.42%
Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.24%
- Considered and approved an appointment of Mr. Dharmesh Mithabhai Patel (DIN: 11389357) as a director under non-executive independent category.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 0.24% · promoters 0.00% · institutions 0.00% · other public 0.24%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 1 Aug 2026, 4 resolutions
28,346 shareholders on the register on 5 Jun 2026; votes counted by Ashish Goyal / A. Goyal & Associates.The company's voting result (opens in a new tab)
- ALTERATION OF MAIN OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial99.25% for0.75% against
Against: promoters 0.00% · institutions 0.00% · other public 0.75%
Turnout: all 2.24% · promoters 0.00% · institutions 0.00% · other public 2.24%
- TO SHIFT REGISTERED OFFICE OF THE COMPANY FROM THE STATE OF HARYANA TO THE STATE OF GUJARATSpecial99.77% for0.23% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 2.24% · promoters 0.00% · institutions 0.00% · other public 2.24%
- TO CREATE MORTGAGE/CHARGE IN TERMS OF SECTION 180(1)(A) OF THE COMPANIES ACT, 2013Special89.00% for11.00% against
Against: promoters 0.00% · institutions 0.00% · other public 11.00%
Turnout: all 2.24% · promoters 0.00% · institutions 0.00% · other public 2.24%
- TO INCREASE THE BORROWING POWER LIMIT OF THE BOARD OF DIRECTORS UPTO RS. 100 CRORES UNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013Special95.71% for4.29% against
Against: promoters 0.00% · institutions 0.00% · other public 4.29%
Turnout: all 2.25% · promoters 0.00% · institutions 0.00% · other public 2.25%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesMar 2026, checked by Infomerics Valuation and Rating Limited | – | To augment the existing and incremental working capital requirement of the company | – | – | Yes | The Managment is of the view that there is no deviation in utilization for funds towards General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.Hence the management hereby confirm that there is no deviation in the utilization of the fund raised from the Rights issueMoreLessAudit committee: The Managment is of the view that there is no deviation in utilization of the funds parked in the General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. The Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.MoreLess |
| Rights IssuesMar 2026, checked by Infomerics Valuation and Rating Limited | – | General Corporate Purposes | – | – | Yes | The Managment is of the view that there is no deviation in utilization for funds towards General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.Hence the management hereby confirm that there is no deviation in the utilization of the fund raised from the Rights issueMoreLessAudit committee: The Managment is of the view that there is no deviation in utilization of the funds parked in the General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. The Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.MoreLess |
| Rights IssuesMar 2026, checked by Infomerics Valuation and Rating Limited | – | Issue related expenses | – | – | Yes | The Managment is of the view that there is no deviation in utilization for funds towards General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.Hence the management hereby confirm that there is no deviation in the utilization of the fund raised from the Rights issueMoreLessAudit committee: The Managment is of the view that there is no deviation in utilization of the funds parked in the General Corporate Purpose. The Company has utilized a portion of the funds allocated towards General Corporate Purposes for granting interest-bearing loans and advances. The said deployment of funds was undertaken as a business decision with the objective of earning income on available funds and maximizing returns for the benefit of the Company and its stakeholders. The Company would like to draw your attention to the fact that the loans granted by the Company are interest-bearing in nature and generate regular income for the Company. Accordingly, the utilization of funds is commercially beneficial and contributes to the overall financial position of the Company. The management believes that such deployment constitutes a legitimate corporate funding activity and is in the best interests of the Company. Further, the Company has duly complied with the provisions of Section 186 of the Companies Act, 2013. The shareholders of the Company had accorded approval by way of a Special Resolution passed at the Annual General Meeting held on July 10, 2024, authorizing the Company to make loans, provide guarantees, give securities and make investments within the prescribed limits. The loans granted by the Company are well within the limits approved by the shareholders and the Board of Directors.MoreLess |