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Vardhman Polytex Ltd

Thu 13/03/2025,15:40:3 | NSE : VARDMNPOLY

₹ 9.340.01 (0.11%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 9.47

Previous Close

₹ 9.33

Volume

103610

Mkt Cap ( Rs. Cr)

₹407.20

High

₹ 9.49

Low

₹ 9.17

52 Week High

₹ 15.39

52 Week Low

₹ 5.76

Book Value Per Share

₹ -8.14

Dividend Yield

0.00

Face Value

₹ 1.00

What’s Your Call?

Collective community sentiment on Vardhman Polytex Ltd

Your Vote -

Buy

92.00%

Hold

0.00%

Sell

8.00%

92.00%

25 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

12.16

40

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

40

Option Chain

Analyzes market sentiment, predicts Vardhman Polytex Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Vardhman Polytex - Closure of operations

    10 Mar 2025, 11:29AM Vardhman Polytex Limited has informed the Exchange about Closure of operations at manufacturing unit at Ludhiana and monetization of land
  • Vardhman Polytex - General Updates

    10 Mar 2025, 11:23AM Vardhman Polytex Limited has informed the Exchange about Closure of Operations at manufacturing unit at Ludhiana and monetization of land situated the
  • Vardhman Polytex - Intimation Under Regulation 30- Closure Of Operations At Manufacturing Unit At Ludhiana And Monetization O

    10 Mar 2025, 11:20AM Disclosure under regulation 30 regarding closure of operations at Manufacturing unit at Ludhiana and monetization of land situated thereat is attached
  • Vardhman Polytex - Reply to Clarification- Financial results

    7 Mar 2025, 9:54AM The Exchange had sought clarification from Vardhman Polytex Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listi
  • Vardhman Polytex - Clarification - Financial Results

    6 Mar 2025, 11:24AM The Exchange has sought clarification from Vardhman Polytex Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listi
  • Vardhman Polytex - Copy of Newspaper Publication

    15 Feb 2025, 12:29PM Vardhman Polytex Limited has informed the Exchange about Copy of Newspaper Publications of Financial Results for the quarter ended 31st December 2024.
  • Vardhman Polytex - Statement of deviation(s) or variation(s) under Reg. 32

    14 Feb 2025, 2:50PM Vardhman Polytex Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
  • Vardhman Polytex - Statement Of Deviation For The Quarter Ended 31.12.2024

    14 Feb 2025, 2:49PM Statement of deviation under regulation 32 for the quarter ended 31.12.2024 is attached
  • Vardhman Polytex - Integrated Filing- Financial

    14 Feb 2025, 11:42AM Integrated filing (Financials) for the quarter ended 31.12.2024 is attached.
  • Vardhman Polytex Q3 net profit zooms 353.11% at Rs 24.06 cr

    14 Feb 2025, 11:40AM The company reported standalone net profit of Rs 24.06 crore for the quarter ended December 31, 2024 as compared to Rs 5.31 crore in the same period l
  • Vardhman Polytex - Integrated Filing (Financial)

    14 Feb 2025, 11:36AM Pursuant to SEBI Circular, Integrated Financial (Financials) for the quarter ended 31.12.2024 is attached.
  • Vardhman Polytex - General Updates

    14 Feb 2025, 11:25AM Vardhman Polytex Limited has informed the Exchange about General Update regarding Land situated at Bathinda unit
  • Vardhman Polytex - Land Situated At Bathinda Unit- Status Update

    14 Feb 2025, 11:24AM disclosure regarding status update is attached
  • Vardhman Polytex - Change in Auditors

    14 Feb 2025, 11:20AM Vardhman Polytex Limited has informed the Exchange regarding Change in Auditors of the company.
  • Vardhman Polytex - Change In Secretarial Auditor

    14 Feb 2025, 11:18AM Disclosure regarding change in secretarial auditor of the company is attached
  • Vardhman Polytex - Financial Results For The Quarter Ended 31.12.2024

    14 Feb 2025, 11:14AM Unaudited financial results for the quarter ended 31.12.2024 is attached
  • Vardhman Polytex - Outcome of Board Meeting

    14 Feb 2025, 11:10AM Vardhman Polytex Limited has informed the Exchange regarding outcome of Board meeting held on February 14, 2025 for financial results for the quarter
  • Vardhman Polytex - Financial Result Updates

    14 Feb 2025, 11:07AM Vardhman Polytex Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Vardhman Polytex - Board Meeting Outcome for Financial Results For Quarter Ended 31.12.2024

    14 Feb 2025, 11:06AM Outcome of board meeting is attached
  • Vardhman Polytex - Board Meeting Intimation

    10 Feb 2025, 10:34AM VARDHMAN POLYTEX LIMITED has informed the Exchange about Board Meeting to be held on 14-Feb-2025 to inter-alia consider and approve the Unaudited Fina
  • Vardhman Polytex - Board Meeting Intimation

    31 Jan 2025, 11:46AM VARDHMAN POLYTEX LIMITED has informed the Exchange about Board Meeting to be held on 11-Feb-2025 to inter-alia consider and approve the Unaudited Fina
  • Vardhman Polytex - Updates

    22 Jan 2025, 12:58PM Vardhman Polytex Limited has informed the Exchange regarding 'Quarterly Disclosures by listed entities of defaults on payment of interest/ repayment o
  • Vardhman Polytex - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    17 Jan 2025, 5:34PM Voting Results and Scrutinizer's Report regarding EGM held on 17.01.2025 is attached herewith.
  • Vardhman Polytex - Shareholders meeting

    17 Jan 2025, 5:31PM Vardhman Polytex Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on January 17, 2025. Further, the
  • Vardhman Polytex - Proceedings Of EGM Held On 17.01.2025

    17 Jan 2025, 1:02PM Proceedings of EGM held on 17.01.2025 is attached
  • Vardhman Polytex - Shareholders meeting

    17 Jan 2025, 12:58PM Vardhman Polytex Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on January 17, 2025
  • Vardhman Polytex - Shareholder Meeting / Postal Ballot-Outcome of EGM

    17 Jan 2025, 12:54PM Proceedings of the EGM held on 17.01.2025 is attached
  • Vardhman Polytex - Integrated Filing- Financial

    7 Jan 2025, 4:28PM Disclosure regarding status/details of payment of interest/repayment of Principal amount of loan as on quarter ended 31.12.2024
  • Vardhman Polytex - Trading Window-XBRL

    26 Dec 2024, 3:09PM VARDHMAN POLYTEX LIMITED has informed the Exchange about Closure of Trading Window
  • Vardhman Polytex - Trading Window

    26 Dec 2024, 3:00PM Vardhman Polytex Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations,
  • Vardhman Polytex - Copy of Newspaper Publication

    25 Dec 2024, 12:32PM Vardhman Polytex Limited has informed the Exchange about Copy of Newspaper Publication of EGM notice in financial express and Desh Sewak dated 25.12.2
  • Vardhman Polytex - Notice Of Shareholders Meetings-XBRL

    23 Dec 2024, 12:31PM VARDHMAN POLYTEX LIMITED has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 17-Jan-2025
  • Vardhman Polytex - Shareholders meeting

    23 Dec 2024, 12:22PM Vardhman Polytex Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on January 17, 2025
  • Vardhman Polytex has submitted to BSE the Shareholding Pattern for the Period Ended December 17, 2024

    20 Dec 2024, 3:50PM As of December 2024, 30.75% is owned by Indian Promoters and 69.24% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Vardhman Polytex - Alteration Of Capital and Fund Raising-XBRL

    18 Dec 2024, 8:44PM VARDHMAN POLYTEX LIMITED has informed the Exchange regarding Issuance of securities
  • Vardhman Polytex - Announcement under Regulation 30 (LODR)-Preferential Issue

    18 Dec 2024, 7:21PM outcome of board meeting is attached
  • Vardhman Polytex - Rights Issue

    18 Dec 2024, 7:19PM outcome of board meeting is attached
  • Vardhman Polytex - Preferential issue

    18 Dec 2024, 7:15PM Vardhman Polytex Limited has informed the Exchange about Preferential issue
  • Vardhman Polytex - Announcement under Regulation 30 (LODR)-Raising of Funds

    18 Dec 2024, 7:13PM Outcome of board meeting is attached
  • Vardhman Polytex - EGM Scheduled To Be Held On 17 January 2025

    18 Dec 2024, 7:10PM Outcome of board meeting is attached.
  • Vardhman Polytex - General Updates

    18 Dec 2024, 7:07PM Board has decided to convene the EGM on 17 January 2025 for the approval of shareholders for preferential issue.
  • Vardhman Polytex - Outcome of Board Meeting

    18 Dec 2024, 7:02PM Vardhman Polytex Limited has informed the Exchange regarding Outcome of Board Meeting held on December 18, 2024 regarding fund raising.
  • Vardhman Polytex - Outcome of Board Meeting

    18 Dec 2024, 6:57PM Vardhman Polytex Limited has informed the Exchange regarding Board meeting held on December 18, 2024 regarding fund raising by way of Rights issue an
  • Vardhman Polytex - Board Meeting Outcome for Raising Of Funds By Rights Issue And Issue Of Warrants On Preferential Basis

    18 Dec 2024, 6:54PM Outcome of Board meeting is attached
  • Vardhman Polytex - Alteration Of Capital and Fund Raising-XBRL

    17 Dec 2024, 5:58PM VARDHMAN POLYTEX LIMITED has informed the Exchange regarding Allotment of Securities
  • Vardhman Polytex - Allotment of Securities

    17 Dec 2024, 2:00PM Vardhman Polytex Limited has informed the Exchange regarding allotment of 20900000 securities pursuant to Preferential Issue at its meeting held on De
  • Vardhman Polytex - Outcome of Board Meeting

    17 Dec 2024, 1:53PM Vardhman Polytex Limited has informed the Exchange regarding Board meeting held on December 17, 2024 for allotment of shares on conversion of warrant
  • Vardhman Polytex - Announcement under Regulation 30 (LODR)-Issue of Securities

    17 Dec 2024, 2:04PM outcome of board meeting held on 17 December, 2024 for allotment of shares on conversion of warrants is attached.
  • Vardhman Polytex - Announcement under Regulation 30 (LODR)-Allotment

    17 Dec 2024, 1:56PM outcome of board meeting held on 17.12.2024 for allotment of 2,09,00,000 shares on conversion of warrants is attached.
  • Vardhman Polytex - Board Meeting Outcome for Allotment Of Shares On Conversion Of Warrants

    17 Dec 2024, 1:51PM outcome of board meeting held on 17.12.2024 for allotment of shares on conversion of warrants is attached.
  • Vardhman Polytex - Loss/Duplicate-Share Certificate-XBRL

    16 Dec 2024, 6:21PM VARDHMAN POLYTEX LIMITED has informed the Exchange about Loss of share certificates
  • Vardhman Polytex - Loss of Share Certificates

    16 Dec 2024, 6:06PM Vardhman Polytex Limited has informed the Exchange about Loss of Share Certificates

Key fundamentals

Evaluate the intrinsic value of Vardhman Polytex Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets -284.848 85.1777 165.4023 174.1411 198.4977
Liabilities -284.848 85.1777 165.4023 174.1411 198.4977
Equity 27.291 22.291 22.291 22.291 22.291
Gross Profit -41.8996 -36.2683 59.1804 14.2553 -0.4063
Net Profit -26.7598 1.4914 -15.5555 -56.6921 101.7897
Cash From Operating Activities -13.7831 40.3013 61.4646 24.0322 13.4504
NPM(%) -7.21 0.24 -1.67 -11.15 18.15
Revenue 370.6381 615.5104 928.5951 508.2791 560.6623
Expenses 412.5377 651.7787 869.4147 494.0238 561.0686
ROE(%) 7.53 -0.42 4.38 15.96 -28.67

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
18 Sep 2008 2 20 0 55.65
30 Aug 2007 0.7 7 0 95.2
23 Mar 2007 3.5 35 0 102.9
13 Jul 2006 4.2 42 0 101.35
04 Aug 2005 4.2 42 0 90.6
08 Jul 2004 4.2 42 0 56.6
25 Sep 2003 4.2 42 0 51.55
29 Aug 2002 0 42 0 28.7
0 0 0 24.8
02 Jul 2001 0 42 0 35
0 7 0 30.1
0 35 0 28.95
0 35 0 30
0 40 0 28.5
0 40 0 43.4
0 28 0 37.35

Peers

Other companies within the same industry or sector that are comparable to Vardhman Polytex Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
SEL Manufacturing Company Ltd 31.04 3.29 0.00 30.82 -582.33 0.00
Gangotri Textile Ltd 0.92 0.00 0.00 30.33 -0.46 0.00
SPL Industries Ltd 39.20 3.59 10.23 26.97 40.52 0.00
AB Cotspin India Ltd 465.20 -1.21 47.86 9.75 65.08 0.00

Company Info

Vardhman Polytex Limited (VPL) (formerly known as Punjab Mohta Polytex Limited) was promoted as a Joint Sector Company by Mohta Industries Limited (MIL) and Punjab State Industrial Development Corporation Limited, (PSIDC), and was incorporated in the name of Punjab Mohta Polytex Limited. In 1988, Mahavir Spinning Mills Limited (MSML) took over with approval of Board of Industrial and Financial Reconstruction (BIFR) a mini steel plant by the name of Mohta Alloys and Steel Works at Ludhiana belonging to Mohta Industries Limited, a sick Company under Section 15(1) of SICA, 1985. Mohta Industries Limited (MIL) had also promoted M/s.Punjab Mohta Polytex Limited (PMPL). Consequent to the take over of MIL by MSML the shareholding of MIL in PMPL passed on to MSML. The shareholding of PSIDC in PMPL was also acquired by MSML in discharge of its obligations under the Joint Sector Agreement entered into by MIL with PSIDC. As a result of this acquisition, PMPL (since renamed as Vardhman Polytex Limited) became a subsidiary of MSML with effect from June, 1989. The Spinning Unit at Bathinda started commercial production in December, 1984 with an installed capacity of 9504 spindles and 504 rotors. In that year, the Company achieved sales of Rs 153 lacs and earned profit before depreciation, interest and tax (PBDIT) of Rs. 52 lacs. In the year 1985-86, the Company was able to increase its sales to Rs.581 lacs and earned PBDIT of Rs. 93 lacs. After becoming a member Company of Vardhman Group in 1988-89, the Company achieved a turnover of Rs. 1642 lacs and earned PBDIT of Rs. 410 lacs. The new management reviewed the project and enhanced the capacity with additions of 12060 spindles thereby increasing the capacity of the spinning unit at Bathinda to 22464 spindles. The expansion was completed during 1980-90. With the implementation of the scheme, the Company's sales in the year 1889-90 increased from Rs. 1642 lacs in 1988-89 to Rs.2154 lacs and earned PBDIT of Rs. 697 lacs in the year 1989-90 as compared to Rs. 410 lacs in the year 1988-89. VPL, in 1990-91, added a new Worsted Spinning Unit at Ludhiana with a capacity of 4800 spindles to manufacture worsted yarn of various counts from acrylic and acrylic/wool blends. The capacity of the plant now stands increased to 8000 spindles. The Company is presently implementing a new Spinning Unit at Baddi, Distt. Nalagarh in Himachal Pradesh with a total installed capacity of 39120 spindles at an estimated project cost of Rs.6825 lacs. The Company commissioned this unit with partial capacity in September, 1993 and till October, 1994 a total of 16416 spindles have been installed and commissioned and the entire scheme is expected to be completed by June, 1995. With the commencement of commercial production by the new spinning unit, the sales of the Company increased to Rs.6315 lacs in 1993-94 against Rs. 5252 lacs in the year 1992-93. PBDIT has also increased to Rs. 1507 lacs in 1993-94 against Rs. 890 lacs in the financial year 1992-93. PRESENT BUSINESS OF THE COMPANY The Company is presently engaged in manufacture of coarse, medium and fine counts of 100% cotton yarn, 100% acrylic yarn, acrylic/cotton yarn, polyester/ cotton yarn and tyre cord yarns. The Company has at present three units located at Bathinda and Ludhiana in Punjab and at Baddi in Himachal Pradesh. The unit wise details of existing manufacturing facilities (as on 31.3.1994) of the Company are as under; ------------------------------------------------------------ Sl. Particulars Location Capacity Product No. ------------------------------------------------------------ 1. Spinning unit Bathinda, 29600 spindles Cotton and Punjab 504 Rotors blended yarns 2. Worsted Ludhiana, 8000 spindles Acrylic / Spinning Unit Punjab worsted yarns 3. Spinning unit Baddi. H.P 9504 spindles Cotton and blended yarns ------------------------------------------------------------ 2002-Vardhman Polytex Ltd has informed BSE that the Board of Directors in its meeting held on August 11, 2001 had forfeited 65263 equity shares due to non-payment of allotment money.After forfeiture of shares, the company had received many requests from the shareholders for annulment of forfeiture, as they were willing to pay the balance allotment money. Taking into consideration of shareholders' requests, the Board of Directors in its meeting held on July 30, 2002 has annuled the forfeiture of shares. 2004 -Vardhman Polytex Limited has informed that the BoD's in its meeting held on July 20, 2004 has appointed Mr. Ashok Oswal as Chairman of the Company 2005 -Vardhman Polytex Ltd has entered into a Memorandum of Understanding (MOU) with M/s F M Hammerle., Austria for participation of equity as equity partner in new joint venture company to be incorporated for the purpose of textile business. 2006 -Vardhman Polytex Ltd has recommended the dividend of 42%. 2007 -Memorandum of Understanding (MOU) was signed between Govt. of Maharashtra and Oswal F M Hammerle Textiles Ltd, Subsidiary Company of the Company. 2008 -Vardhman Polytex Ltd has recommended the dividend of 20% 2011 -Sh Sushil Sharma has been appointed as a Company Secretary as well as Compliance Officer of the Company. 2013 -The Board of Directors has appointed Mr. Amit Jain as an Additional Director on the Board of the Company. -The Board of Directors has appointed Mr. Ashok Kumar Goyal as additional director as well as executive director of the Company. 2014 -The Board of Directors has appointed Mrs. Rakhi Oswal as Additional Director of the Company. 2015 -Vardhman Polytex Ltd Registered Office Address has been redefined to Vardhman Park, Chandigarh Road, Ludhiana -141123 -Registered Office Address of Company has been redefined 'Vardhman Park, Chandigarh Road, Ludhiana- 141123'. 2020 -The company is launching new Product line of Personal Protective Equipment (PPE) Kits including anti-viral anti-bacterial masks certified by NABL. 2024 -The company issued rights shares of Rs. 1 in the ratio of 7:23 at a premium of Rs. 5 per share. -The Company has splits its face value from Rs. 10/- to Rs. 1/-.

Vardhman Polytex Limited (VPL) (formerly known as Punjab Mohta Polytex Limited) was promoted as a Joint Sector Company by Mohta Industries Limited (MIL) and Punjab State Industrial Development Corporation Limited, (PSIDC), and was incorporated in the name of Punjab Mohta Polytex Limited. In 1988, Mahavir Spinning Mills Limited (MSML) took over with approval of Board of Industrial and Financial Reconstruction (BIFR) a mini steel plant by the name of Mohta Alloys and Steel Works at Ludhiana belonging to Mohta Industries Limited, a sick Company under Section 15(1) of SICA, 1985. Mohta Industries Limited (MIL) had also promoted M/s.Punjab Mohta Polytex Limited (PMPL). Consequent to the take over of MIL by MSML the shareholding of MIL in PMPL passed on to MSML. The shareholding of PSIDC in PMPL was also acquired by MSML in discharge of its obligations under the Joint Sector Agreement entered into by MIL with PSIDC. As a result of this acquisition, PMPL (since renamed as Vardhman Polytex Limited) became a subsidiary of MSML with effect from June, 1989. The Spinning Unit at Bathinda started commercial production in December, 1984 with an installed capacity of 9504 spindles and 504 rotors. In that year, the Company achieved sales of Rs 153 lacs and earned profit before depreciation, interest and tax (PBDIT) of Rs. 52 lacs. In the year 1985-86, the Company was able to increase its sales to Rs.581 lacs and earned PBDIT of Rs. 93 lacs. After becoming a member Company of Vardhman Group in 1988-89, the Company achieved a turnover of Rs. 1642 lacs and earned PBDIT of Rs. 410 lacs. The new management reviewed the project and enhanced the capacity with additions of 12060 spindles thereby increasing the capacity of the spinning unit at Bathinda to 22464 spindles. The expansion was completed during 1980-90. With the implementation of the scheme, the Company's sales in the year 1889-90 increased from Rs. 1642 lacs in 1988-89 to Rs.2154 lacs and earned PBDIT of Rs. 697 lacs in the year 1989-90 as compared to Rs. 410 lacs in the year 1988-89. VPL, in 1990-91, added a new Worsted Spinning Unit at Ludhiana with a capacity of 4800 spindles to manufacture worsted yarn of various counts from acrylic and acrylic/wool blends. The capacity of the plant now stands increased to 8000 spindles. The Company is presently implementing a new Spinning Unit at Baddi, Distt. Nalagarh in Himachal Pradesh with a total installed capacity of 39120 spindles at an estimated project cost of Rs.6825 lacs. The Company commissioned this unit with partial capacity in September, 1993 and till October, 1994 a total of 16416 spindles have been installed and commissioned and the entire scheme is expected to be completed by June, 1995. With the commencement of commercial production by the new spinning unit, the sales of the Company increased to Rs.6315 lacs in 1993-94 against Rs. 5252 lacs in the year 1992-93. PBDIT has also increased to Rs. 1507 lacs in 1993-94 against Rs. 890 lacs in the financial year 1992-93. PRESENT BUSINESS OF THE COMPANY The Company is presently engaged in manufacture of coarse, medium and fine counts of 100% cotton yarn, 100% acrylic yarn, acrylic/cotton yarn, polyester/ cotton yarn and tyre cord yarns. The Company has at present three units located at Bathinda and Ludhiana in Punjab and at Baddi in Himachal Pradesh. The unit wise details of existing manufacturing facilities (as on 31.3.1994) of the Company are as under; ------------------------------------------------------------ Sl. Particulars Location Capacity Product No. ------------------------------------------------------------ 1. Spinning unit Bathinda, 29600 spindles Cotton and Punjab 504 Rotors blended yarns 2. Worsted Ludhiana, 8000 spindles Acrylic / Spinning Unit Punjab worsted yarns 3. Spinning unit Baddi. H.P 9504 spindles Cotton and blended yarns ------------------------------------------------------------ 2002-Vardhman Polytex Ltd has informed BSE that the Board of Directors in its meeting held on August 11, 2001 had forfeited 65263 equity shares due to non-payment of allotment money.After forfeiture of shares, the company had received many requests from the shareholders for annulment of forfeiture, as they were willing to pay the balance allotment money. Taking into consideration of shareholders' requests, the Board of Directors in its meeting held on July 30, 2002 has annuled the forfeiture of shares. 2004 -Vardhman Polytex Limited has informed that the BoD's in its meeting held on July 20, 2004 has appointed Mr. Ashok Oswal as Chairman of the Company 2005 -Vardhman Polytex Ltd has entered into a Memorandum of Understanding (MOU) with M/s F M Hammerle., Austria for participation of equity as equity partner in new joint venture company to be incorporated for the purpose of textile business. 2006 -Vardhman Polytex Ltd has recommended the dividend of 42%. 2007 -Memorandum of Understanding (MOU) was signed between Govt. of Maharashtra and Oswal F M Hammerle Textiles Ltd, Subsidiary Company of the Company. 2008 -Vardhman Polytex Ltd has recommended the dividend of 20% 2011 -Sh Sushil Sharma has been appointed as a Company Secretary as well as Compliance Officer of the Company. 2013 -The Board of Directors has appointed Mr. Amit Jain as an Additional Director on the Board of the Company. -The Board of Directors has appointed Mr. Ashok Kumar Goyal as additional director as well as executive director of the Company. 2014 -The Board of Directors has appointed Mrs. Rakhi Oswal as Additional Director of the Company. 2015 -Vardhman Polytex Ltd Registered Office Address has been redefined to Vardhman Park, Chandigarh Road, Ludhiana -141123 -Registered Office Address of Company has been redefined 'Vardhman Park, Chandigarh Road, Ludhiana- 141123'. 2020 -The company is launching new Product line of Personal Protective Equipment (PPE) Kits including anti-viral anti-bacterial masks certified by NABL. 2024 -The company issued rights shares of Rs. 1 in the ratio of 7:23 at a premium of Rs. 5 per share. -The Company has splits its face value from Rs. 10/- to Rs. 1/-.

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Parent Organisation

Vardhman Polytex Ltd.

Founded

20/08/1980

Managing Director

Mr.Adish Oswal

NSE Symbol

VARDMNPOLYBE

FAQ

The current price of Vardhman Polytex Ltd is ₹ 9.34.

The 52-week high for Vardhman Polytex Ltd is ₹ 9.49 and the 52-week low is ₹ 9.17.

The market capitalization of Vardhman Polytex Ltd is currently ₹ 407.20. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Vardhman Polytex Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Vardhman Polytex Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Vardhman Polytex Ltd shares.

The CEO of Vardhman Polytex Ltd is Mr.Adish Oswal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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