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Vardhman textiles is engaged in the business of manufacturing Yarn, Fabric, Acrylic Fiber and Garments, the Group has over the years developed as a business conglomerate with a presence in India and in 75 countries across the globe.
Vardhman Textiles has scheduled its 53rd AGM virtually. The Annual Report is available online. Shareholders must update KYC details; non-compliance for physical shares means dividends will be held, impacting investor payouts.
Vardhman Textiles' members approved the appointment of Mrs. Suchita Jain as Vice-Chairperson & MD and Mr. Neeraj Jain as MD for a 5-year term. These key leadership changes were ratified via postal ballot.
Vardhman Textiles invested Rs. 24.46 Cr, acquiring a 31.2% equity stake in Renew Green (MPR Four) Private Limited. This entity is developing a 19 MW AC Wind Solar Hybrid Power Plant, advancing VTL's captive power initiatives.
Vardhman Textiles amended its agreement for a 19 MW AC Wind Solar Hybrid Power Plant, a captive project. User subscription is now Rs. 24.46 Cr and promoter subscription is Rs. 53.41 Cr.
Vardhman Textiles successfully dematerialized 10,065 equity shares in March. This routine process converts physical shares into electronic format, streamlining ownership and trading for investors.