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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

555.00 -2.75 (-0.49%)
20-Apr-2026 14:53 View Price Chart
Peers
Company Name CMP
Welspun Living 124.70
Vardhman Textiles 555.00
Arvind 386.30
K.P.R. Mill 926.30
Page Industries 38172.05
View more..

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