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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 cap
₹14,521 Cr409th largest listed
P/E
17.1
P/B
1.4
Dividend yield
1.00%
ROE
8.3%
ROCE
7.3%
Debt to equity
0.18
Volume, NSE
2,07,58452.2% delivered

Vardhman Textiles share news and announcements

758 announcements, routine notices left out, newest first. Page 16 of 16.

  1. May 2007

    • 21 May · Board meeting

      Inter-alia, to consider and take on record the audited financial results of the Company for the quarter/year ended March 31, 2007 and for recommendations of dividend, if any, for the financial year 2006-2007.
  2. Apr 2007

    • 12 Apr · Results

      The Company will publish its Audited Results for the financial year ending 31st March, 2007 within three months from the end of last quarter of the said financial year
  3. Mar 2007

    • 12 Mar · Dividend

      Board of Directors of the Company in their meeting held on March 10, 2007 have declared an interim dividend of 40% on the paid up equity share capital of the Company.
    • 5 Mar · Board meeting

      Inter alia to consider the payment of interim dividend to the members of the Company. Further, the Company has informed the Exchange that March 23, 2007 shall be the Record Date for ascertaining the entitlement of shareholders to receive the interim dividend, if declares by the Board of Directors in its meeting scheduled to be held on March 10, 2007. The Company shall commence despatch of dividend warrants on and from March 26, 2007 if interim dividend is declared by the Board of Directors in its meeting scheduled to be held on March 10, 2007.
  4. Feb 2007

    • 26 Feb · Business

      "1) Vardhman Textiles Limited (the "Company"), a public company listed on National Stock Exchange and Bombay Stock Exchange and its wholly owned subsidiary M/s Vardhman Threads Limited ("VTL") are inter alia engaged in the thread business. It is intended to consolidate the thread business of the Company and VTL in order to achieve synergy and efficiency of operations and management and for possible creation of strategic relationships which may further promote the operations of thread business. The consolidation would enable a focused business approach for the maximization of benefits to all stakeholders. 2) Accordingly, the Board of Directors of the Company in their meeting held on February 26, 2007, have approved a proposal for vesting of the sewing thread undertaking of the Company comprising of thread units located at Hoshiarpur & Ludhiana (Punjab), Perundurai (Tamil Nadu) alongwith the spinning unit at Hoshiarpur including all assets and liabilities associated with the said undertaking in its subsidiary, Vardhman Yams & Threads Limited ("VYTL"). The proposal also envisages demerger of the threads undertaking of VTL including all assets and liabilities associated with such undertaking and its vesting in VYTL. The said proposal is to be carried out through a scheme of arrangement, reorganisation and demerger (the "Scheme") amongst the Company, VTL and VYTL and their respective shareholders and creditors in accordance with Sections 391-394 of the Companies Act, 1956.
    • 26 Feb · Business

      3) The salient features of the Scheme are as follows:- (i) Vesting of the threads undertaking of the Company comprising of thread units located at Hoshiarpur & Ludhiana (Punjab), Perundurai (Tamil Nadu) alongwith the spinning unit at Hoshiarpur, in VYTL, as a going concern on a slump sale basis together with all other assets and liabilities associated with the undertaking for a lumpsum consideration of Rs.260 crores based on the valuation done by independent valuer, M/s. ICICI Securities Limited. The appointed date for vesting of the threads undertaking of the Company will be the effective date of the Scheme. (ii) The demerger of the threads undertaking of VTL including all assets and liabilities associated with the said undertaking and its vesting in VYTL. The appointed date for vesting of the threads undertaking of VTL will be April 01, 2007. (iii) For every 2 (two) shares held in VTL, each equity shareholder of VTL will be issued 1 (one) equity share of face value of Rs.10/- each credited as fully paid up in VYTL and shall retain 1 (one) equity share of the face value of Rs.10/- each as fully paid up in VTL. This swap ratio is based on the recommendations of independent valuer. i.e., M/s. ICICI Securities Limited. (iv) The Scheme is subject to the requisite approval of the shareholders and creditors of the Company, VTL & VYTL, the Hon'ble High Court of Punjab and Haryana at Chandigarh, and any other authorities, which by law may be necessary".
  5. Jan 2007

    • 19 Jan · Board meeting

      Meeting on 29 Jan 2007: “Unaudited Financial Results for the quarter ended Dec 31, 06”
    • 18 Jan · Board meeting

      The Board of Directors of Vardhman Textiles Limited (the "Company"), a public company listed inter alia on National Stock Exchange of India Limited & Bombay Stock Exchange Limited in their meeting held on January 15, 2007, approved appointment of independent consultants for the purpose of exploring and evaluating options for reorganization / restructuring of the sewing thread business of the Company such that operational efficiencies and synergies of business are achieved in the interests of all stakeholders of the Company. The consultants have been authorized to undertake an appropriate process of valuation as and if they may deem fit for the purposes of evaluating any such option and/or to consult/appoint other independent valuers, if required, for recommending various options of reorganization/ restructuring