Vardhman Polytex to part way with assets of Anshupti Textiles, Ludhiana

Vardhman Polytex has received an approval to sell, transfer and / or dispose of the assets of the undertaking / unit of the company namely Anshupti Textiles, Ludhiana. The board at its meeting held on August 14, 2012 has approved for the same. The above is however subject to the approval of shareholders through postal ballot process.

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.