Vardhman Polytex Limited

Vardhman Polytex Approves Fund Raising Up To ₹600 Crore & EGM

Vardhman Polytex approved raising up to ₹35 crore via NCDs and ₹25 crore via OCDs. An EGM is set for April 16, 2026, to approve the OCD issue and AOA alteration. The company will also sell land at its Ludhiana unit to reduce debt, expecting completion within six months.

Vardhman Polytex Approves Fund Raising Up To ₹60 Crore Via Debentures, EGM On April 16

Vardhman Polytex will raise up to ₹35 crore via NCDs and ₹25 crore via OCDs. An EGM is scheduled for April 16, 2026, to approve these and Article alterations. The company also plans to sell its Ludhiana land within six months for debt repayment and growth.

Vardhman Polytex Approves Rs 35 Cr NCDs, Rs 25 Cr OCDs, Land Sale, and EGM

Vardhman Polytex will raise ₹35 crore via NCDs and ₹25 crore via OCDs. The board approved altering Articles of Association and selling land at its Ludhiana unit. An EGM is scheduled for April 16, 2026, for shareholder approval. The land sale aims to reduce debt and fund growth.

Vardhman Polytex to Raise ₹600 Crore via NCDs & OCDs, Approves EGM for Land Sale

Vardhman Polytex will raise ₹35 crore via NCDs and ₹25 crore via OCDs. An EGM is scheduled for April 16, 2026, to approve the OCD issue and AOA alteration. The company also received in-principle approval to sell its Ludhiana land, with completion expected in six months. Shareholder approval via postal ballot is required for the land sale.

Vardhman Polytex Approves ₹60 Crore NCD Issue on Private Placement Basis

Vardhman Polytex Limited's board approved issuing NCDs worth up to ₹60 crore via private placement. The NCDs will be listed on BSE, carry a 10% annual interest, and mature by March 2031. The approval was granted during a board meeting on March 17, 2026.

Vardhman Polytex: ICRA Withdraws Credit Rating on Company's Request

Vardhman Polytex Limited announced that ICRA has withdrawn the credit rating assigned to the company's borrowing facilities. This withdrawal was made at the company's request, supported by an NOC from the existing lender. The announcement was made on March 16, 2026.

Vardhman Polytex Appoints Mr. Shubham Jain as Independent Director via Postal Ballot

Vardhman Polytex Limited announced the appointment of Mr. Shubham Jain as Independent Director via postal ballot. The e-voting period concluded on February 22, 2026. The resolution was passed with the requisite majority, with 100% of e-votes in favour. The record date was January 16, 2026.

Vardhman Polytex Ltd. Publishes Audited Financial Results for Q3 FY26

Vardhman Polytex Limited released its audited financial results for the quarter and nine months ended December 31, 2025. The results were approved by the Board on February 14, 2026, and published on February 15, 2026.

Vardhman Polytex Q3FY26 Profit Plunges to ₹14.5 Lakhs on Reduced Revenue

Vardhman Polytex reported Q3FY26 net profit of ₹14.5 Lakhs, down from ₹2,406.29 Lakhs YoY. Revenue decreased to ₹5,283.90 Lakhs from ₹7,851.03 Lakhs. The company is pursuing land monetization in Bathinda and Ludhiana, with BDA approval for a residential colony. Debt settlement with Phoenix ARC is ongoing.

Vardhman Polytex Limited Announces Newspaper Publication of Postal Ballot Notice

Vardhman Polytex Limited published its Postal Ballot Notice in Financial Express and Desh Sewak on January 23, 2026. This filing complies with SEBI regulations.

Vardhman Polytex Seeks Shareholder Approval for Mr. Shubham Jain's Independent Director Appointment

Vardhman Polytex Limited is seeking shareholder approval via postal ballot to appoint Mr. Shubham Jain as an Independent Director. The e-voting period is from January 24, 2026, to February 22, 2026. Mr. Jain, an experienced tax advocate, was initially appointed on December 3, 2025.

Vardhman Polytex Board Approves Postal Ballot Notice for Director Appointment

Vardhman Polytex's Board approved a Postal Ballot Notice for shareholders to approve Mr. Shubham Jain's appointment as Non-Executive Independent Director for 5 years. The Board meeting concluded on January 19, 2026.

Vardhman Polytex Reports NIL Share Transfer Requests During Special Window

Vardhman Polytex Limited reported no share transfer requests during the special window for physical shares (July 07, 2025 - January 06, 2026). The company fulfilled SEBI's reporting requirements through publications in Financial Express, its website, and social media. No shares were re-lodged for transfer-cum-demat.

Vardhman Polytex Files SEBI Compliance Certificate for Q3 FY26

Vardhman Polytex Limited received a SEBI compliance certificate for the quarter ending December 31, 2025. The certificate confirms processing of physical share certificates for dematerialization, including verification, cancellation, and updating depository records.

Vardhman Polytex reports ₹29.67 Crore default on bank loans as of Dec 31, 2025

Vardhman Polytex Limited reported total outstanding loans of ₹55.67 crore from banks and financial institutions as of December 31, 2025. The company has defaulted on ₹29.67 crore of this amount. Total financial indebtedness, including short and long-term debt, is ₹55.82 crore.

Vardhman Polytex Closes Trading Window for Q3 FY26 Results

Vardhman Polytex Limited is closing its trading window from January 1, 2026, until 48 hours after the declaration of financial results for the quarter ending December 31, 2025. The board meeting date for financial results will be announced later.

Vardhman Polytex: Director Appointment and Resignation

Vardhman Polytex announced the appointment of Shubham Jain as an Additional Non-Executive Independent Director and the resignation of Sagar Bhatia as Independent Director, both effective December 3, 2025.

Vardhman Polytex: Shubham Jain Appointed as Additional Director; Sagar Bhatia Resigns

Vardhman Polytex appoints Shubham Jain as an Additional Director and accepts the resignation of Sagar Bhatia as Independent Director, both effective December 3, 2025.

Vardhman Polytex announces publication of Q2/H1 FY26 unaudited financial results

Vardhman Polytex announced the newspaper publication of its unaudited Q2/H1 FY26 financial results on November 16, 2025, following Board approval on November 14, 2025. Details are online.

Vardhman Polytex announces Vice President-HRD Dibyakant Singh's resignation, effective December 5, 2025

Vardhman Polytex Limited announces the resignation of Mr. Dibyakant Singh, Vice President-HRD, effective December 5, 2025, to pursue new career opportunities.

Vardhman Polytex: Funds from Rights & Preferential Issues fully utilized; Q2 FY26 deviation report not applicable

Funds from Oct 2024 Rights Issue and March 2025 Preferential Issue fully utilized by March 2025. Deviation statement not applicable for the quarter ended September 30, 2025.

Vardhman Polytex reports significant profit turnaround for Q2/H1 FY26, advances land monetization plans

Vardhman Polytex announced Q2/H1 FY26 unaudited results, reporting a significant profit turnaround. Strategic land monetization in Bathinda and Ludhiana is progressing, and a debt repayment plan is in place. The company continues as a 'Going Concern'.

Vardhman Polytex reports significant profit turnaround for Q2/H1 FY2026, driven by Real Estate segment

Vardhman Polytex reported a net profit of ₹645.92 lakh for Q2 FY2026 and ₹665.38 lakh for H1 FY2026, a significant turnaround from previous losses, mainly due to strong performance in its Real Estate segment.

Vardhman Polytex reports NIL activity for physical share transfer requests in October 2025

Vardhman Polytex reported no physical share transfer requests processed or received during October 2025 under the SEBI special window, as detailed in its monthly compliance filing.

Certificate under SEBI Regulations for quarter ended 30 Sep 2025

Vardhman Polytex received certificate for compliance with SEBI (Depositories and Participants) Regulations, 2018 for quarter ended September 30, 2025.

Disclosure on Interest/Principal Repayment Status as of 30 Sep 2025

Vardhman Polytex discloses the status of interest/principal repayment as of September 30, 2025, with total outstanding from loan facilities at ₹57.20 Crore and defaults at ₹22.52 Crore.

Special Window for Relodgement of Transfer Requests & Monthly Reports

Vardhman Polytex appoints Statutory and Secretarial Auditors, re-appoints MD

Vardhman Polytex holds 45th AGM, approves FY25 financials and key appointments

Monthly Reports on Special Window for Physical Share Transfer Relodgement

Vardhman Polytex Board Approves Annual Report, Schedules 45th AGM for August 28, 2025