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Incorporated in 1983, Visagar Polytex Ltd is in the business of manufacturing and selling of textiles and readymade fabrics.
The company has updated its internal policies to enhance transparency and prevent misuse of private, price-sensitive information. New rules strengthen how insiders handle confidential data and trade shares. This includes stricter controls on trading periods, requiring approvals for certain transactions, and maintaining detailed records of information access. The updated framework...
Visagar Polytex Limited has announced a fine of Rs. 18,880 due to a delay in submitting its Annual Secretarial Compliance Report on the NSE portal caused by a technical issue. The company has promptly rectified the error by filing the report without further delay. This non-compliance has no material impact...
Visagar Polytex Limited is facing fines imposed by the BSE and NSE due to non-compliance with regulations regarding prior intimation of board meetings, specifically Regulations 29(2) and 29(3). Each exchange levied a fine of ₹11,800, comprising a basic fine of ₹10,000 plus GST of ₹1,800. The company clarified that the...
Visagar Polytex Limited is facing fines of ₹4.24 crore from both NSE and BSE for failing to comply with Regulation 17(1) of SEBI (LODR) regarding board composition, specifically the lack of a woman director. The total penalty consists of ₹3.6 crore in basic fines and additional GST of ₹0.64 crore....
Consolidated financials indicate noteworthy performance with total revenue reaching ₹500 crore, reflecting a growth of 20% compared to the previous period. This increase can be attributed to heightened consumer demand and successful market expansions, which have bolstered sales. Net profit stands at ₹80 crore, a 25% year-over-year increase, translating to...