Vardhman Polytex Ltd logo

Vardhman Polytex Ltd

This company manufactures yarn, cotton, fabrics, and garments with multiple manufacturing facilities across India.

1980 Ludhiana, Punjab (India) Active

About

Basic Data Updated:

1 month ago
Vardhman Polytex Ltd (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 August 1980 and has a history of 43 years and nine months. Its registered office is in Ludhiana, Punjab, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514175 and on the National Stock Exchange(NSE) under VARDMNPOLY.

The Corporate was formerly known as Punjab Mohta Polytex Ltd. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 70.00 cr and a paid-up capital of Rs 27.29 cr.

The Corporate currently has active open charges totaling ₹724.80 cr. It has already closed loans amounting to ₹1,379.42 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Vardhman Polytex Ltd India are Ajay Ratra as Company Secretary and Radhamohan as Cfo. Manju Oswal, Adish Oswal, Rohit Jain, and Three other members serve as directors at the Company.

Industry

Company Details

  • Location

    Ludhiana, Punjab, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL17122PB1980PLC004242
Company No.004242
Stock Symbol BSE : 514175 NSE : VARDMNPOLY
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date20 Aug 1980
Date of AGM18 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Chandigarh

Products or Services related to Vardhman Polytex Ltd

1/30 Combed Compact Cotton Yarn, For Knitting

Cotton Yarn

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Vardhman Polytex Ltd offers a wide range of products and services, including: Yarns & Threads, Cotton Yarn.

Financials of Vardhman Polytex Ltd

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Vardhman Polytex Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.27% decrease. The company also saw a substantial improvement in profitability, with a 109.59% increase in profit. The company's net worth moved up by a moderate rise of 0.34%.

Corporate Structure

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Unlock access to Vardhman Polytex's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Vardhman Polytex Ltd

Executive Team (3)

  • AO

    Adish Oswal In Managing Director

    Appointment Date: 01-Aug-2009

    Status: Current

  • AR

    Ajay Ratra In Company Secretary

    Appointment Date: 12-Nov-2018

    Status: Current

  • R

    Radhamohan CFO

    Appointment Date: 01-Sep-2020

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹724.80 cr

₹1,379.42 cr

LenderAmountStatus

Canara Bank

Creation Date: 25 Oct 2016
₹1.14 MOpen

Canara Bank

Creation Date: 19 Feb 2016
₹1.98 MOpen

Others

Creation Date: 16 Feb 2015
₹25.00 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Vardhman Polytex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Vardhman Polytex's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Recent activity within the organization

  • Activity

    Director Appointment

    Rohit Jain was appointed as a Additional Director was appointed as a Additional Director on 06 Apr 2024 & has been associated with this company since 2 months 14 days .

    06 Apr 2024
  • Activity

    Annual General Meeting

    Vardhman Polytex Ltd last Annual general meeting of members was held on 18 Aug 2023 as per latest MCA records.

    18 Aug 2023
  • Activity

    Director Appointment

    Sanchi Taneja was appointed as a Director was appointed as a Director on 18 Jul 2023 & has been associated with this company since 11 months 2 days .

    18 Jul 2023
  • Activity

    Charges

    A charge registered on 29 Aug 2011 via Charge ID 10304145 with Religare Finvest Limited was fully satisfied on 04 May 2023.

    04 May 2023
  • Activity

    Charges

    A charge registered on 27 Jan 2011 via Charge ID 10262353 with Religare Finvest Limited was fully satisfied on 04 May 2023.

    04 May 2023

Recent News, Updates & Announcement

Frequently asked questions

What is the Incorporation or founding date of Vardhman Polytex Ltd?

Vardhman Polytex Ltd was incorporated 43 years 9 months ago on 20 Aug 1980 with Registrar of Companies Roc Chandigarh.

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