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Vardhman Textiles buys additional stake in VMT

07 Sep 2017 Evaluate

Vardhman Textiles has purchased entire stake of Marubeni Corporation (6.67%) and Marubeni Hong Kong and South China (3.89%) in its subsidiary, VMT Spinning Company (VMT). The company earlier was holding 89.44% shares of VMT and with this purchase VMT has become its 100% subsidiary.

Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.



Vardhman Textiles Share Price

604.30 3.10 (0.52%)
26-Aug-2026 15:19 View Price Chart
Peers
Company Name CMP
Welspun Living 190.85
Vardhman Textiles 604.30
Arvind 537.55
K.P.R. Mill 1136.95
Raymond Lifestyle 709.25
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