Vardhman Polytex, after receiving approval from Reserve Bank of India (RBI), has brought back Foreign Currency Convertible Bonds (FCCB) of $12 million, having face value of $3.5 million at discount of 49.88% with a total outflow of $1.745 million.
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