Vardhman Polytex (VARDMNPOLY) — Board Meeting

📢 Key Event
Board approved allotment of 37,50,000 equity shares on warrant conversion.

🔄 What Changed
Paid-up capital increased to Rs.50,84,19,004; Rs.3,52,96,875 received from warrant conversion.

💡 Investor Takeaway
The capital increase from warrant conversion raises equity base and may dilute existing shareholders.

Vardhman Polytex approved the allotment of 37,50,000 equity shares upon conversion of warrants issued to Oswal Holding Private Limited, increasing paid-up capital to Rs.50,84,19,004. The board approved the conversion at Rs.12.55 per share, receiving Rs.3,52,96,875 (75% of issue price) from the allottee.

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About Vardhman Polytex Ltd (VARDMNPOLY)

Textiles · Textiles · Listed on BSE

Market Cap: ₹284.98 Cr ROE: 2.7% ROCE: 32.0%

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🔥 Also filed on 17 September 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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