Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para B of Part A of Schedule III of the Regulations, Vardhman Textiles has informed that the Board of Directors of the Company in its meeting held today i.e. 28t November, 2024, has approved to increase the processed fabric capacity at Vardhman Fabrics, Budhni, Madhya Pradesh by about 31 million meters p.a. with a total capital outlay of Rs 350 crore (approx.). The details of the proposed capacity enhancement, as required under SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 are as enclosed. The meeting of the Board of Directors commenced at 10:30 am and concluded at 11:00 am.
The above information is a part of company’s filings submitted to BSE.
