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Vardhman Polytex gets nod to raise Rs 60 crore via NCDs

17 Mar 2026 Evaluate

Vardhman Polytex has received approval for the issuance of INR denominated, listed, senior, secured, rated, redeemable and Non-Convertible Debentures (NCDs) aggregating to up to Rs 60 crore on a private placement basis, subject to necessary approvals, as may be applicable. Tenure of Instrument is 5 years. The board of directors of the company at its meeting held on March 17,2026 has, inter- alia, considered and approved the same. 

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. 


Peers
Company Name CMP
Vardhman Textiles 539.25
Welspun Living 233.05
Arvind 532.10
Raymond Lifestyle 627.85
K.P.R. Mill 1101.40
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