NSEUpdates16h ago · 25 Sept 2026, 06:57 pm

Updates

Vardhman Polytex Limited · VARDMNPOLY

✦ AI SummaryDebt Restruc.

Vardhman Polytex Limited has made a part repayment of Rs.1,00,00,000 towards secured, unlisted, redeemable and optionally convertible debentures (OCDs) held by Special Situation India Fund, out of the advance amount received from the sale of a Ludhiana land property.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Full Announcement

Vardhman Polytex Limited has informed the Exchange regarding 'Intimation regarding part repayment towards OCDs'.

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VARDMNPOLY_25092026185726_OCD_Repayment_25sep2026.pdf

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September 25, 2026 The Listing Department, The Listing Department, National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, C-1, Block-G, 25 Floor, Bandra - Kurla Complex, P.J. Towers, Bandra (E), Dalal Street Fort, Mumbai - 400051 Mumbai- 400001 SCRIP CODE: VARDMNPOLY SCRIP CODE: 514175 (Equity) 977714 (Debt) Subject: Intimation regarding part repayment towards OCDs Pursuant to the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation of the earlier disclosures made by the Company, we wish to inform the Exchanges that the Company has today, i.e. September 25, 2026, made a payment of Rs.1,00,00,000/- (Rupees One Crore only) towards part repayment of the secured, unlisted, redeemable and optionally convertible debentures (“OCDs”) held by Special Situation India Fund. The aforesaid amount has been paid out of the advance amount received by the Company against the sale consideration of the aforesaid Ludhiana land property. The entire sale consideration in respect of the said property has not yet been received by the Company. The aforesaid part repayment is being made pursuant to the provisions relating to mandatory redemption of the OCDs out of proceeds received from monetisation of the Company's mortgaged properties, as contained in paragraph 2.3(c) of Schedule 1 of the OCD Subscription cum Trust Deed, and pursuant to the instructions of the Debenture Holder. The said provision permits the outstanding Debentures to be mandatorily redeemed in part or in full upon monetisation of the specified mortgaged property. The above is for your information and record. Thanking you, Yours faithfully, For Vardhman Polytex Limited Ajay K. Ratra Company Secretary Vardhman Polytex Ltd Regd. & Corp. Office: Vardhman Park, | ——— An Oswal Group” Company Chandigarh Road Ludhiana - 141123 info@vpl.in CIN: L17122PB1980PLC004242 Punjab (India). Tel: +91-161-6629888