ALPHA TRIBE

Vardhman Polytex LimitedBoard Meeting, 19-03-2026: Outcome of Board Meeting

19-03-2026 | 06:24 pm

Vardhman Polytex's board approved raising up to ₹35 Cr via NCDs (18% interest) and ₹25 Cr via Optionally Convertible Debentures (OCDs) from Special Situation India Fund. In-principle nod given to sell Ludhiana unit land to cut debt & fund growth, pending shareholder approval via EGM and postal ballot.

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