Vardhman Polytex has entered into One Time Settlement (OTS) with Jammu and Kashmir Bank (One of the Consortium Member Bank) in respect of credit facilities availed by company. The company has accepted OTS proposal and committed to act as per terms of proposal.
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.
