About
Basic Data Updated:
14 days agoVardhman Acrylics Limited is known for its expertise in the manufacturing of man-made fibers. The company's operations primarily revolve around the production of acrylic fiber and tow. Their extensive product range includes a variety of fibers such as non-shrinkable, high shrinkage, medium shrinkage, very high shrinkable, tow 123, 131, 139 K-tex, staple for open end, soft hand, and water absorbent fibers. These products are proudly marketed under the brand name 'Varlan'. Located in Jhagadia, Gujarat, VAL's manufacturing unit boasts a capacity of 20,000 tons per annum. The company's products have a wide range of applications, including hosiery (sweaters, mufflers, scarves, and shirting), weaving (shawls, check shirts, and ladies suits), home furnishing (mink blankets, woven blankets, tab... Read More
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Website1222442
- Telephone1222442
- Email Address1222442
| CIN/LLPIN/FCRN | L51491PB1990PLC019212 |
| Company No. | 019212 |
| Stock Symbol | NSE : VARDHACRLC |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 24 Dec 1990 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chandigarh |
Financials of Vardhman Acrylics Limited
Vardhman Acrylics Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.5% increase. The company also saw a substantial fall in profitability, with a 66.07% decrease in profit. The company's net worth observed a substantial decline by a decrease of 46.7%.
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Corporate Structure
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People in Vardhman Acrylics Limited
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Executive Team (2)
RS
Raish Shaikh CFOStatus: Current
SK
Satin Katyal
Company SecretaryAppointment Date: 06-May-2019
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Mar 2016 | ₹50.00 Cr | Satisfied |
Axis Bank Limited Creation Date: 22 Mar 2012 | ₹40.00 Cr | Satisfied |
I.D.B.I. Creation Date: 22 Aug 2001 | ₹88.48 Cr | Satisfied |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Vardhman Acrylics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Director Appointment
Sandeep Kapur was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 9 months 4 days .
01 Aug 2023Balance Sheet
Vardhman Acrylics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
31 Mar 2023Director Appointment
Anil Kumar was appointed as a Director was appointed as a Director on 19 Jul 2022 & has been associated with this company since 1 year 9 months .
19 Jul 2022Director Appointment
Suchita Jain was appointed as a Director was appointed as a Director on 20 Oct 2020 & has been associated with this company since 3 years 6 months .
20 Oct 2020
Recent News, Updates & Announcement
Vardhman forays into printed fabrics with new plant at Baddi.Textile Magazine 01 Jun 2018
- HDFC Mutual Fund buys stake worth Rs71 crore in Vardhman Textiles Mint.
HDFC Mutual Fund bought 573 lakh shares amounting to 099 stake in the textile firm according to the bulk deal data available with the BSE.
mint 29 May 2018
- Accumulate Vardhman Textiles target of Rs 1387 Centrum .
Moneycontrol 27 Nov 2017
- Vardhman Textiles Q4 net profit drops 10 pc to Rs 158 cr.
Vardhman Textiles today reported a 10 per cent drop in net profit to Rs 15856 crore for the fourth quarter ended March.
DNA India 10 May 2017
- Vardhman Special reports Profit after tax of Rs 000 Mln in the March 2017 quarter.
Finalaya 02 May 2017
Frequently asked questions
What is the Incorporation or founding date of Vardhman Acrylics Limited?
