Outcome of Board meeting for consideration of appointment & resignation of Statutory Auditor

27-07-2026 BSE Ltd. P. J. Towers Dalal Street, Mumbai - 400 001 Dear Sir/Madam, Sub: Outcome of Meeting of the Board of Directors BSE Code: 531395 This is to inform you under Regulation 30 and any other Regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. on July 27, 2026 at the Corporate Office of the Company at C- 801, Krish Cubical, Govardhan Partyplot, Sindhu Bhavan Marg Thaltej, Ahmedbad, Gujarat, India, 380059, which commenced at 06:30 P.M. and concluded at 06:50 P.M. has, inter-alia, decided the following businesses; 1. Noted and accepted resignation of M/s. SVJK & Associates, Chartered Accountants, (FRN: 135182W), Statutory Auditors of the Company who have tendered their resignation with effect from July 27, 2026 from the position of Statutory Auditors of the Company for the reasons mentioned in their letter; 2. Based on recommendation of the Audit committee and subject to approval of shareholders at the ensuing General meeting of the Company, approved the appointment M/s. Piyush Kothari & Associates, Chartered Accountants (FRN: 140711W) as Statutory Auditor of the Company to fill the casual vacancy in the office of Statutory Auditor for the F.Y. 2026-27 who shall hold the office till the conclusion of ensuing Annual general meeting. The details required under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 and SEBI Master Circular No. Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026, last updated on January 30, 2026 are given in the enclosed Annexure A. You are requested to take the same on your record. Thanking you, Yours faithfully, For, Padam Cotton Yarns Limited Dinesh Shreevastav Whole-Time Director DIN: 11030609 Encl: As above Annexure-A Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 and SEBI Master Circular No. Ho/49/14/14(7)2025-CFD-POD2/I/3762/2026, last updated on January 30, 2026; Sr. Particulars Information of such event(s) Resignation of Auditor Appointment of Auditor 1. Name of the Auditor M/s. SVJK & Associates, Piyush Kothari & Associates, Chartered Accountants, (FRN: Chartered Accountants (FRN: 135182W) 140711W) 2. Reason for Change viz. The detailed reason(s) for To fill casual vacancy caused due to Appointment, resignation, resignation is mentioned in the resignation of SVJK & Associates, removal, death or enclosed resignation letter Chartered Accountants. (FRN: otherwise, dated July 27, 2026. 135182W), Chartered Accountants. 3. Effective date of 27-07-2026 27-07-2026 for the F.Y. 2026-27 Appointment subject to the approval of shareholders. 4. Brief Profile Not Applicable The firm M/s. Piyush Kothari & Associates is a Peer Reviewed partnership firm and was set up in the year 2015 by CA. Piyush Kothari and within tenure of more than Ten years he has grown and at present working in the office of 700 sq. ft. at prime location at Ashram Road, Ahmedabad. The firm is having tie-ups and association with experts of various fields of Chartered Accountants, Merchant Bankers, Company Secretaries, Advocates, Management Consultants, Engineers and Retired Bankers. At present the firm is providing services in the fields of Accounts, Taxation, Finance, Audits and Company Law. 5. Disclosure of relationships Not Applicable Not Applicable between directors (in case of appointment of director) SV JK ANADS SOCIATES ChartAecrceodu ntIaNnD ItAs ThBeo aorfDd i rectors PadaCmo tYtaornLn ism ited, UnNiotC 8 0o1nt h8et Fhl oor KriCsuhb iGcoavla,r Pdahratny plot AvalHoontR aolaS di ndhu BhavMaanrT gh altej, AhmedaDbaasdkG,ru ojia,r at, Ind3i8a0,0 59 SubiReecsti:g nfartotimhpo eon s iotfSi toant uAtuodryio tfPo ard aCmo ttYoanrL nism ited DeaSri r/Madam, Thiissw itrhe feretnooc ulere tdtaet3ret0 dhJ un2e0,2a 6n sdu bsedqiusecnutrs esgiaorntdshi en g statauutdofeiretfoys r t hfien anyceieaanrl d iManrg3c I h2, 02A7so. u dri scudsisndio roten asac h mutuaaclcleyp ctoanbclleu srieogtnro,ie 'ntwfo ery moo ufo uirn abtiocl ointtyai stn huSeet atutory Audiotfot rhCseo mpaTnhyee.x isatuidfeniegts naorcteo mmens·wuirttahhtt eie m eeff,o arntd, professrieosnoaurlre cqeutsioe r ffeedc tiveltyh sedt iastcauhutadoerirngtyge a gepmaerntti,c ularly consitdheCero imnpga gnryo'wssi cnaoglfo e p eratthiieon ncsr,ec aosmipnlgoe fix tibstu ys ianneds s, theev olrveignugl eantvoirryo nm�e nt. Weh erceobnyfi tnnhfo el lowing: l.Weh avceo ncltuhsdete adt auutdooirftty hfi en ansctiaatle omfte hnCeto sm pafonrty h fei naynecairal endMeadr 3c1h2, 0 2a6n,wd e h avies souueardu drietpo onMr aty3 02,0 26. 2.Thearrene oo thmeart errei�aofolnr os u rre sigontahttehirao nn stthaaotbseoedv e. 3.Weh avneoo bjeictfth iCeoo nm pafinlyte hsri ess iglneatwttiiettorhhnR e e giosftC roamrp aSntioecsk, Exchaanngodet shr,ee rg ulaauttohroayrsr i etqiueuisnr,dea edpr p lilcaawb.le Plefaisenend c lhoesreedAw nintehx Au,(r ien formtaobt eoi botna inetdhs et fraotmau utdoiurtpyo orn resignaasrt eiqoubniy)Sr ,Ee BdCI i rcSuElBaIr/ HO/CFD/PONDo2v/eCmI1bR12e/,0rP 2 /40.1 55 Wer equtehBseot a trotd a nkoeot foe u rre sigannaadtr iroatnnfo gi telh ene e cesisnatriym atsi ons/form witthhR ee gisotfCr oamrp anSiteoEscx,kc hanagnoedts h,re erg ulaauttohroyar smi atyib ees appliwciatbthlhipeenr, e sctriimbeeldi nes. ThankYionug, FoSrV,JK a nAds sociates ChartAecrceodu ntants FRN1:3 5182W e,,e,� ".;I ReetuVrearjm a Partner MemberNso1h.9i 3p5 91 Dat2et7:hJ uly2,20 6 Pla:Ac hem edabad 807P,h oenOipxpN,.e wG lrlCsohlD dr inNkesaV,rl jCaryo Rsosa Nda,v rangAphumraad,a b3a8d0,0 09. Emailln:f o@svjkadvWiesbosriswt.wecw:o. ms vjkadvlCsoonrtsa0.c7ct49o:5 m 9 040 50 Annexure A Disclosure of reasons for resignation of Statutory Auditor (Pursuant to SEBI C1 ircular CIR/CFD/CMDl/114/2019) 1. Name of listed entity: PAD AM COTTON YARNS LIMITED 2. Details of Statutory Auditor: a. Name: M/s. S VJ Kand Associates, Chartered Accountants, (FRN: 135182W) b. Address: 807, Phoenix, Opp. New Girish Cold Drinks, Near Vijay Cross Road, Navrangpura, Ahmedabad-380009. c. Phone number: 079-45940050 d. Email: info@svjkadvisors.com 3. Details of association with the entity: a. Date on which the statutory auditor was appointed: 30th June, 2025 b. Date on which the term of the statutory auditor was scheduled to expire: 30th September, 2026 c. Prior to resignation, latest audit report/limited review report submitted by the auditor and date thereof: Auditor's Report for the financial year ended 31st March 2026, issued on May 30, 2026. 4. Detailed reasons for resignation: As per Resignation Letter 5. In case of any concerns, efforts made by the auditor prior to resignation: Not Applicable 6. In case the information requested by the auditor was not provided, then following shall be disclosed: a. Wltetlter tlte inability to obtain sufficient appropriate audit evidence was due to a management-imposed limitation or circumstances beyond the control of the management: Not Applicable b. Whetlter the lack of: information would ltave significant impact on the financial statements/results: Not Applicable c. Wltether the auditor has performed alternative procedures to obtain appropriate evidence for the purposes ofa udit/limited review as laid down in SA 705 (Revised): Not Applicable d. Whether tlte lack of information was prevalent in the previous reported financial statements/results: Not Applicable 7. Any other facts relevant to the resignation: Nil Declaration 1W.eh erceobnfiytr hmta hitnfe o rmagtieivniot nnh l iesta tniedtar st teancithcssmo ercartn d complete. 2W.eh erceobnyfit hrtamht ei nrsoo e t hmeart erreiaoastloht neh trah nop srdeeod va ibofvomery resigrneastiigoonmfnay fi/t r imo.n FoSrV,J aKn [Showing first 8,000 characters — download PDF for full document]