Vardhman Polytex has informed that the board of directors of the company at its meeting held today i.e., Tuesday, 15 September, 2026, have considered and approved the allotment of 55,00,000 Equity shares of the face value of Re 1 each as fully paid-up shares at a price of Rs 12.55 per equity share (including premium of Rs 11.55 per share), consequent upon the conversion of 55,00,000 Warrants issued on preferential basis, upon receipt of an amount aggregating to Rs 5,17,68,750 being 75% of the issue price per warrant from the allottees pursuant to the exercise of their rights of conversion into equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018 and list of allottees along with details of warrants pending for conversion is enclosed as Annexure-1. Pursuant to present conversion, Paid-up Equity Share Capital of the Company stands increased to Rs 49,91,44,004 consisting of 49,91,44,004 fully paid-up Equity Shares of Re 1 each. The new equity shares so allotted, shall rank pari passu with the existing equity shares of the Company. Data required under Regulation 30 of SEBI Listing Regulations read with SEBI circular dated July 13, 2023 is provided in Annexure-2.
The above information is a part of company’s filings submitted to BSE.
