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Vardhman Polytex informs about disclosure

06 Jan 2024 Evaluate
In continuation to the earlier communication dated 08.11.2023 regarding Restructuring of Debt consequent upon signing the Letter of Acceptance (LOA) with Phoenix ARC (Phoenix) and pursuant to Regulation 30 of SEBI (LODR), Regulations 2015, Vardhman Polytex has informed that there is no default in the payment as per repayment schedule of restructured debt due to Phoenix. Accordingly, it is discontinuing the quarterly disclosure for default in payment of interest/ repayment of principal amount of loan from Banks/ Financial Institution and unlisted debt securities as prescribed under SEBI circular ‘SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21/11/2019 from now onwards.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 496.70
Welspun Living 215.30
Arvind 500.80
Raymond Lifestyle 500.75
K.P.R. Mill 1042.55
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