Padam Cotton Yarns Limited has received formal approval from BSE Limited for the reclassification of promoter and promoter group entities under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The approval, granted on July 16, 2026, covers the reclassification of eight specific promoter group members who currently hold zero shares in the company:
- Padam Sain Gupta - 0 shares (0% holding)
- Prem Lata - 0 shares (0% holding)
- Radhika Gupta - 0 shares (0% holding)
- Vivek Gupta - 0 shares (0% holding)
- Vivek Gupta HUF - 0 shares (0% holding)
- Rajev Gupta - 0 shares (0% holding)
- Rajev Gupta HUF - 0 shares (0% holding)
- Rekha Gupta - 0 shares (0% holding)
Total shares held by all reclassified promoters: 0 shares (0% of total holdings)
The approval was based on the company's application dated March 30, 2026, and the no-objection was formally granted by BSE Limited's Listing Compliance department, signed by Jayshree Soni (Deputy Vice President, Listing Compliance) and K. N. Krishna Rathi (Deputy Manager, Listing Compliance).
The company is required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification in accordance with Regulation 31A of SEBI LODR Regulations, 2015.
The information has been communicated to both depositories - National Securities Depository Limited and Central Depository Services Limited - for necessary action.