Vardhman Textiles share news and announcements
NSE: VTLBSE: 502986Textiles & ApparelsSmall Cap
Formerly Mahavir Spinning Mills
Last close ₹501.45down ₹1.55 (0.31%)BSE ₹500.35
Share price at the NSE close on 23 Oct 2026. Previous close ₹503.00.
52-week range of traded prices to 23 Oct 2026
₹391.00Low, 21 Jan 2026₹688.00High, 6 Jul 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹14,521 Cr409th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 30 Jul 2026
- 17.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 7 May 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.00%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 30 Jul 2026
- 8.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 30 Jul 2026
- 7.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 7 May 2026
- 0.18
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,07,58452.2% delivered
Vardhman Textiles share news and announcements
758 announcements, routine notices left out, newest first. Page 15 of 16.
Jul 2010
5 Jul · Board meeting
Inter alia to consider and approve / take on record the un-audited financial results of the Company for the quarter June 30, 2010. The Draft Scheme of Arrangement and Demerger, among Vardhman Textiles Limited and Vardhman Special Steels Limited & their respective Shareholders & Creditors will be considered in the aforesaid meeting scheduled to be held on July 17, 2010.
Jun 2010
10 Jun · Meeting
Board of Directors in its meeting held on May 07, 2010 has decided to hold the Annual General Meeting of the Company on July 17, 2010, and have further decided to close Register of Members and Share Transfer Books of the Company from July 06, 2010 to July 17, 2010 as Annual Book Closure and for the purpose of determining the names of Shareholder entitled to receive Dividend, if declared, in the Annual General Meeting.
May 2010
10 May · Business
Board of Directors at its meeting held on May 07, 2010 has considered and given an In principle approval for the demerger of the steel business of the Company in consultation with KPMG, the external advisors appointed in this regard. The board has also constituted a Committee of Directors to finalise the Scheme in consultation with the Company's Advisors for taking necessary action for completing the requirements in this regard.7 May · Dividend
Board of Directors in its meeting held on May 07, 2010 has recommended dividend of Rs.3/- per share on the paid up equity shares of the Company.
Apr 2010
26 Apr · Board meeting
Interalia to consider and approve the audited financial results of the Company for the financial year ended March 31, 2010 and for the recommendation of dividend, if any,for the Financial year 2009-10.13 Apr · Results
The Company will publish its Audited Results for the Financial Year ending 31st March, 2010 within sixty days from the end of last quarter of the said financial year1 Apr · Restructuring
Board of Directors in its meeting held on March 31, 2010, discussed about the restructuring of the Steel Business of the Company and thereafter, authorized the Officials of the Company to appoint external advisors to help examine the possibilities to restructure the Steel Business of the Company.
Jan 2010
30 Jan · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Jan · Board meeting
Meeting on 29 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
Oct 2009
26 Oct · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the period ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Oct · Board meeting
Meeting on 24 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
Sep 2009
16 Sep · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the period ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2009
25 Aug · Meeting
Minutes of the Annual General Meeting held on July 25, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
6 Jul · Board meeting
Meeting on 25 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
Jun 2009
16 Jun · Meeting
Annual General Meeting of the members of the Company has been scheduled to be held on July 25, 2009. Further, the Registrar of Members and Share Transfer Books of the Company shall remain closed from July 11, 2009 to July 25, 2009 for the purpose of Annual General Meeting / Annual Book Closure and for the purpose of dividend declared, if any.
May 2009
19 May · Withdrawal of nomination
Nomination of Mr A. K. Chakarborty, Nominee of ICICI Bank Limited, Non-Executive Director of the Company, has been withdrawn from the Board of the Company by ICICI Bank Limited w.e.f. March 26, 2009.7 May · Dividend
Board of Directors in its meeting held on May 07, 2009 has recommended a dividend of Rs.2/- per share on the paid up equity shares of the Company.
Apr 2009
27 Apr · Board meeting
Inter alia to consider and approve the audited financial results of the Company for the financial year ended March 31, 2009 and for the recommendation of dividend, if any, for the financial Year 2008-09.20 Apr · Results
The Company will publish its Audited Results for the financial year ending 31st March, 2009 within three months from the end of last quarter of the said financial year
Mar 2009
17 Mar · Foreign Currency Convertible Bonds
Company has repurchased and cancelled FCCB's as per details given below:- ISIN No. XS0241624351 , Face Value of FCCBs bought back US$ 1,000,000.9 Mar · Foreign Currency Convertible Bonds
Board of Directors had approved buyback of Foreign Currency Convertible Bonds (FCCBs) Pursuant to the approval received by the Company from the Reserve Bank of India to repurchase outstanding FCCBs using rupee resources for an amount upto US$ 50 million, the Company would be repurchasing the FCCBs subject to the prevailing market conditions and compliance with applicable regulations.
Feb 2009
17 Feb · Management
Mr.S.K Bansal, Non -Executive Director of the company, has resigned from his position on 28th January, 2009. Further, the Board of Directors in its meeting held on 28th January ,2009 has appointed Mr. A.K. Kundra, Retired Secretary, Ministry of Mines, Government of India as an Additional Director on the Board of the company.
Jan 2009
14 Jan · Board meeting
Meeting on 28 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
Dec 2008
24 Dec · Buy back
The Board of Directors of the Company in its meeting held on December 24, 2008 considered Buy-back of Foreign Currency Convertible Bonds(FCCBs) issued by the Company in the year 2006 and approved buyback of the said FCCBs subject to the approval of Reserve Bank of India (RBI) and other terms and conditions governing the Buy-back of FCCBs16 Dec · Board meeting
Inter-alia, to consider and approve Buy - back of Foreign Currency Convertible Bonds.
Nov 2008
10 Nov · Meeting
Proceedings of the Annual General Meeting of the Company held on August 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
27 Oct · Change in Nominee Director
Nomination of Mr. V. K. Saxena, Nominee Director of IDBI Bank Ltd. on the Board of the Company has been withdrawn by IDBI Bank Ltd. and Mrs. Amita Narain has been nominated by IDBI Bank Ltd as its new Nominee Director on the Board of the Company w.e.f. September 08, 2008 in his place.15 Oct · Board meeting
Meeting on 25 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”6 Oct · Business
Press release, as follows: "Vardhman Textiles Limited (VTXL) has transferred its threads business to one of its subsidiary companies, Vardhman Yarns and Threads Limited (VYTL), through a Scheme of Arrangement, Re-organisation and Demerger as sanctioned by the Hon'ble Punjab and Haryana High Court, with effect from 1st April, 2008. The holding of VTXL in VYTL as on the said date was more than 98 percent. The threads business of the subsidiary company, viz. VYTL, comprises of four manufacturing units located at Hoshiarpur and Ludhiana (Punjab), Perundurai (Tamil Nadu) and Baddi (Himachal Pradesh). According to Mr. Sachit Jain, Executive Director, VTXL, the Company entered into a joint venture in VYTL with M/s. American & Efird, Inc.(A&E), one of the world's largest global manufacturers and distributors of industrial sewing threads, embroidery threads and technical textiles, with A&E's initial holding of 35 percent. Recently, A&E has acquired the additional 14 percent equity shares of the joint venture company, VYTL, from Vardhman Textiles Limited and thus holds 49 percent equity shares. The joint venture Company, however, continues to be a subsidiary of Vardhman Textiles Limited, whose shareholding is now 51 percent".1 Oct · Updates
The Company has entered into Joint Venture Agreement on 24th March, 2008 with American & Efird Inc. (A&E), a subsidiary of Ruddick Corporation, USA, which was implemented in Vardhman Yarns and Threads Limited (VYTL), a subsidiary Company of Vardhman Textiles Limited (VTEX). The Said joint venture had become effective after the allotment of shares to the extent of 35% of the paid-up equity share capital to A&E by the Board of Director of VYTL in their Board Meeting held on 7th April, 2008. This Joint Venture Agreement envisaged A&E's participation in equity, initially to the extent of 35% of paid-up equity share capital with an option to increase its share in equity up to 49% within the next five years. A&E has now exercised the option of purchase of additional 14% equity shares of VYTL from VTEX, Accordingly, the Company has sold 14% shares held by it in VYTL. After the said sale of shares, VTEX holds 51 percent shares in VYTL and the balance 49 percent shares are owned by A&E
Jul 2008
10 Jul · Board meeting
Meeting on 19 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”7 Jul · Meeting
Annual General Meeting of the members of the Company has been scheduled to be held on August 30, 2008 .Further, the Registrar of Members and Share Transfer Books of the Company shall remain closed from August 13, 2008 to August 30, 2008 as annual book closure and for the purpose of dividend, declared if any.
Jun 2008
23 Jun · Updates
Vardhman Textiles Limited had informed the Exchange about the disruption of the Power Supply System in M/s Arisht Spinning Mills Situated at Baddi, Distt. Solan, (H.P), a unit of the company, due to the fire accident which had taken place on May 29 2008 in the 66 KV Transformer. Since then the unit was operating on back up power supply system. The company has now inform that the Power Supply System has been restored and the operations have got normalized in the unit.2 Jun · Updates
In a manufacturing unit of the Company under the name M/s Arisht Spinning Mills situated at Baddi, Distt. Solan, (H.P.), a fire accident took place on 29.05.2008 in the 66 KV Transformer. Due to this the Power Supply System got disrupted. It will take about 4-5 weeks to restore the Power Supply System. However in the meantime, the unit is substantially operating on Back up Power Supply System (Diesel Generating Set). There will be a difference in the cost of power generated by Diesel Generating Set over the grid supply which will affect the results of the unit till the restoration of the said supply
May 2008
15 May · Dividend
Board of Directors at its meeting held on May 15, 2008 have recommended a dividend of 40% on the paid-up share capital of the Company.5 May · Board meeting
Inter alia to consider and approve the audited financial results of the Company for the financial year ended March 31, 2008.
Apr 2008
9 Apr · Results
The Company will publish its Audited Results for the financial year ending 31st March, 2008 within three months from the end of last quarter of the said financial year7 Apr · Business
To achieve the objective of possible creation of strategic relationship with an international thread entity, the Company has signed a Joint Venture Agreement on 24th March, 2008 with American & Efird Inc. (A&E), a subsidiary of Ruddick Corporation, USA. The Joint Venture, which has been implemented in Vardhman Yarns and Threads Limited (VYTL), a subsidiary Company of Vardhman Textiles Limited, has become effective after the allotment of shares to A&E by the Board of Directors of VYTL in their Board Meeting held on 7th April, 2008. This Joint Venture Agreement envisages A&E's participation in equity, initially to the extent of 35% of paid-up equity share capital with an option to increase its share in equity up to 49% within the next five years1 Apr · Business
Vardhman Textiles Limited had informed the Exchange that: "The Scheme of Arrangement, Re-organization and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (a subsidiary of VTXL) and their respective shareholders and creditors has been sanctioned by the Hon'ble Punjab and Haryana High Court and Order for the same has been received on 17th March, 2008. The Scheme provides for the transfer of the Thread Business of VTXL on slump sale basis and demerger of the Thread business of VTL to VYTL". Further the Company has informed the Exchange that the above-referred Order has been filed with the Registrar of Companies on April 01, 2008 and has thus become effective from the said date".
Mar 2008
25 Mar · Business
Vardhman Textiles Limited had informed the Exchange that: "The Scheme of Arrangement, Re-organization and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (a subsidiary of VTXL) and their respective shareholders and creditors has been sanctioned by the Hon'ble Punjab and Haryana High Court and Order for the same has been received on 17th March, 2008. The Scheme provides for the transfer of the Sewing Thread Business of VTXL on slump sale basis and demerger of the Sewing Thread business of VTL to VYTL. The Scheme will become effective after the Order sanctioning it is field with the Registrar of Companies. To achieve the objective of possible creations of strategic relationship with an international thread entity, the Company has signed a Joint Venture Agreement on 24th March, 2008 with American & Efird Inc. (A&E), a subsidiary of Ruddick Corporation, USA to manufacture, distribute and sell Sewing Thread for Industrial and Consumer markets in India and for Exports to other countries. The Joint Venture will be implemented in Vardhman Yarns and Threads Limited (VYTL), a subsidiary Company of Vardhman Textiles Limited. The Joint Venture Agreement envisages A&E's participation in equity, initially to the extent of 35% of paid-up equity share capital with an option to increase its share in equity up to 49% within the next five years. The Joint Venture will come into effect after the Board of VYTL allots shares to A&E and to the Company after fulfillment of specified conditions and completion of obligations by the Parties to the Agreement. We expect that to happen some time during April 2008. The management expects that this strategic alliance will help the thread business of Vardhman by integrating with the global operations of A&E and its subsidiaries".
Feb 2008
20 Feb · Business
Vardhman Textiles Limited had informed the Exchange that "The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end". The Company has now informed the Exchange that "Due to some typographical error, the present holding of Vardhman Textiles Limited was mentioned as 44175423. The same may be read as 44175413".19 Feb · Business
The Company holding 44,175,423 equity shares (40.70%) of Vardhman Acrylics Limited (VAL) has further acquired 11,700,000 (10.78%) and 3,300,000 (3.04%) equity shares of VAL from its Foreign Collaborators namely, M/s Marubeni Corporation, Japan (MC) and M/s Japan Exlan Company Limited, Japan (EXLAN) respectively and accordingly, the Joint Venture Agreement with the said collaborators has come to an end
Jan 2008
28 Jan · Business
The Board of Directors of M/s Vardhman Textiles Ltd.(VTXL) in its meeting held on January 28, 2008 took note of the status of Scheme of Arrangement, Reorganisation and Demerger by and amongst Vardhman Textiles Limited (VTXL), Vardhman Threads Limited (VTL) (a 100% subsidiary of VTXL), Vardhman Yarns and Threads Limited (VYTL) (a subsidiary of VTXL) and their respective shareholders and creditors, providing for the transfer of the Sewing Thread business of VTXL on slump sale basis as well as demerger of Sewing Thread business of VTL, to VYTL . Further, the Board of Directors of VTXL, discussed the overall perspective of Sewing Thread business. The Board of Directors took the view that the textile and clothing business has acquired a global dimension and it may be desirable and pertinent to explore the possibilities of strategic relationship with one of the international players in Sewing Thread business so that the business can meet the demand of users of sewing thread particularly when they have to ensure compliance of Specifications and Standards set out by major Buying Houses and Retailers. The Board of Directors, therefore, empowered Mr. D.L. Sharma, President & Executive Director and Mr. Neeraj Jain, CFO to explore possibilities for such tie ups including overseas investments for Sewing Thread business and, if required, to appoint Consultants/Advisors for the purpose8 Jan · Board meeting
Meeting on 16 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
Oct 2007
15 Oct · Board meeting
Meeting on 29 Oct 2007: “Unaudited Financial Results for the Qtr ended Sept 30, 2007”
Jul 2007
20 Jul · Meeting
Board of Directors in its meeting held on May 28, 2007 have decided to hold the Annual General Meeting of its members on August 18, 2007. Further, decided to close Register of Members and Share Transfer Books of the Company as Annual Book Closure from August 17, 2007 to August 18, 2007.20 Jul · Board meeting
Meeting on 28 Jul 2007: “Unaudited financial results for quarter ended June 30, 2007”
Jun 2007
13 Jun · Notice of Meeting
By an order made on the April 26, 2007, the Hon'ble High Court of Punjab and Haryana at Chandigarh, has directed that a meeting of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Transferor/Petitioner Vardhman Textiles Limited to be held on June 16, 2007 for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement, Reorganization and Demerger between Vardhman Textiles Limited, Vardhman Threads Limited and Vardhman Yarns & Threads Limited and their respective shareholders and creditors. Further the Company has submitted a copy of the notice of meeting of Equity Shareholders, Secured and Unsecured Creditors of the Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
May 2007
31 May · Board meeting
Board of Directors of the Company in its meeting held on March 10, 2007, declared interim dividend of 40% on the paid-up equity share capital of the Company. The Board of Directors has not recommended any further dividend and so the interim dividend be treated as final dividend.