MoneyWorks4Me

Vardhman Polytex gets nod to raise Rs 35 crore via NCDs

20 Mar 2026 Evaluate

Vardhman Polytex has received approval for the issuance of INR denominated, listed, senior, secured, rated, redeemable and Non-Convertible Debentures (NCDs) on a private placement basis aggregating to up to Rs 35 crore, subject to necessary approvals, as may be applicable. The board of directors of the company at its meeting held on March 19, 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 558.90
Welspun Living 201.75
Arvind 555.70
Raymond Lifestyle 670.35
K.P.R. Mill 1121.55
View more..