Vardhman Polytex faces a court order to pay Rs. 10.19 Cr plus 15% interest, stemming from a former subsidiary's minority shareholder exit. The company is appealing the decision and seeking a stay on payment within 30 days.
Vardhman Polytex reports 757% YoY profit growth (₹1.63 Cr vs ₹0.19 Cr) and an ₹309.55 Cr exceptional gain from debt settlement. This significantly strengthens its financial position and supports strategic asset monetization for future growth.
