Pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors of Padam Cotton Yarns Limited at their meeting held today, Wednesday, 15th January, 2025, inter alia, approved: 1. To set up a Corporate Office at 'Unit No. C-801 on the 8th Floor, i.e. 1318 Super built-up area of the building known as 'Krish Cubical' located at Govardhan Partyplot Avalon Hotal Road, Sindhu Bhavan Marg, Thaltej, Ahmedabad-380059, Gujarat'. Further, the Board of Directors have decided to keep and maintain the Books of Accounts of the Company at the Corporate office. 2. Resignation of Mr. Sanjay Kumar Bansal (DIN: 10600836) Non-Executive Independent Director of the Company, who has tendered his resignation vide his letter dated January 15, 2025 due to engaged in other assignments.