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Bonus Share News:  Padam cotton yarns, a company engaged in the business of cotton yarn, has given many important information in the exchange filing today. The company said in the exchange filing that its board of directors meeting will be held on Friday, January 24, 2025.

Many important issues will be discussed in this meeting. The company said that this meeting of the Board of Directors is being held to take important decisions, in this meeting decisions will be taken keeping in mind the interests of the shareholders.

What information in the exchange filing 1. Proposal for bonus shares: The proposal to issue bonus shares to the shareholders of the company will be under consideration, which will depend on the approval of the shareholders. 2. Planning of Special Meeting: The time, date and place for the Extra Ordinary General Meeting of the company will be finalized. 3. Book closure and e-voting: Dates for book closure, record rate/cut-off date and matters related to e-voting will be determined for the upcoming Special General Meeting. 4. Appointment of Scrutinizer: Ashish Goyal, who is the owner and full-time company secretary of M/s A. Goyal & Associates, will monitor the voting process of the company. Ashish will be appointed as the scrutinizer. 5. Other matters: Other matters will also be discussed in this meeting with the permission of the chairman. Will distribute bonus for the first time If we look at the history of the company's corporate action, the company has never announced bonus shares so far. After approval in the board meeting, this will be the first time that the company will announce bonus shares for investors. Earlier, the company has announced interim dividend for investors on 27 November 2024. Share performance If we look at the stock performance of the company, it has given a return of 32 percent in 1 month, 189 percent in 3 months. Apart from this, the stock has given a return of 702 percent within 1 year and 2582 percent in 3 years. So far in January, this stock has given a return of 10.25 percent. 

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