Padam Cotton Yarns Sanctions Bonus Issue in 2:3 Ratio to Reward Shareholders

Padam Cotton Yarns Ltd. has sanctioned the issue of bonus equity shares in a ratio of 2:3, or two extra shares for every three held by shareholders. This comes after the company had already done a 1:1 bonus issue in January 2025, an indication of its sound financials and determination to reward shareholders.

 

The plan was approved at the board meeting on February 24, 2025. Padam Cotton Yarns has experienced outstanding growth, with its shares providing more than 1900% returns within three years. The bonus issue is likely to increase liquidity and draw in more investors.

 

Source: Economic Times, Moneycontrol