Vardhman Polytex jumps on getting nod to raise Rs 35 crore via NCDs
The board of directors of the company at its meeting held on March 19, 2026 has, inter- alia, considered and approved the same
Vardhman Polytex is currently trading at Rs. 7.71, up by 0.11 points or 1.45% from its previous closing of Rs. 7.60 on the BSE.
The scrip opened at Rs. 7.62 and has touched a high and low of Rs. 7.89 and Rs. 7.62 respectively. So far 23337 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 1 has touched a 52 week high of Rs. 13.62 on 19-May-2025 and a 52 week low of Rs. 5.02 on 12-Jan-2026.
Last one week high and low of the scrip stood at Rs. 8.05 and Rs. 7.41 respectively. The current market cap of the company is Rs. 356.10 crore.
The promoters holding in the company stood at 34.22%, while Institutions and Non-Institutions held 0.46% and 65.32% respectively.
Vardhman Polytex has received approval for the issuance of INR denominated, listed, senior, secured, rated, redeemable and Non-Convertible Debentures (NCDs) on a private placement basis aggregating to up to Rs 35 crore, subject to necessary approvals, as may be applicable. The board of directors of the company at its meeting held on March 19, 2026 has, inter- alia, considered and approved the same.
Vardhman Polytex is engaged in the manufacture of yarn. It is also engaged in cotton spinning and line manufacturing, staple fiber yarn machine combing and re-combing of all types of fibers. It produces various categories of yarns like cotton, polyester cotton blended, synthetic, acrylic and dyed yarns.

