Vardhman Polytex Limited — Board Meeting, 27-03-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting on the allotment of 7.25 crore convertible warrants priced at ₹12.55 each, amounting to ₹90.92 crore, to be converted into equal equity shares within 18 months. This move follows a special resolution passed by shareholders earlier. The company has received 25% of the total warrant issue price upfront, with the remaining 75% payable upon conversion by the allottees. This financing initiative is expected to strengthen the company’s capital base, enhancing its strategic flexibility moving forward.