NSEUpdates28 Sept 2026 · 28 Sept 2026, 06:21 pm
Updates
Vardhman Polytex Limited · VARDMNPOLY
✦ AI SummaryDebt Restruc.
Vardhman Polytex Limited has made a part payment of Rs. 1,00,00,000 towards the secured, unlisted, redeemable and optionally convertible debentures (OCDs) held by Special Situation India Fund. The face value of each OCD has been reduced by Rs. 108.94 and the aggregate principal amount has been reduced to Rs. 12,48,38,079.38.
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Full Announcement
Vardhman Polytex Limited has informed the Exchange regarding 'Disclosure in continuation to our earlier communication dated 25.09.2026 regarding part payment towards OCDs'.
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VARDMNPOLY_28092026182126_Intimation_OCDPayment.pdf
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28 September, 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)
SCRIP CODE: 977714 (Debt)
Subject: Intimation regarding part repayment towards OCDs
This is in continuation to our earlier communication dated 25 September, 2026 regarding
payment of Rs. 1,00,00,000/- (Rupee One Crore only) towards part repayment of the
secured, unlisted, redeemable and optionally convertible debentures (*OCDs") held
by Special Situation India Fund.
In this context, kindly also take note of the following additional details:
As per the instructions of the Debenture Holder, Rs.1,61,920.62 was effected by way of
ro-rata reduction in the face value/principal amount of each of the 1,500
outstanding OCDs and Rs. 98,38,079.38 was effected by way of Interest out of Rs.
1,00,00,000/- paid.
Accordingly, the position shall be as follows:
Particulars Before Part Redemption After Part Redemption
1,500 1,500
Number of OCDs
Face value/principal per OCD Rs.83,333.33 Rs.83,225.39
Rs.12,50,00,000 Rs.12,48,38,079.38
Aggregate principal amount
The balance principal amount of the OCDs after giving effect to the aforesaid part repayment
shall be Rs.12,48,38,079.38 together with interest and other amounts payable in
accordance with the applicable terms of the OCD Subscription cum Trust Deed and other
Transaction Documents.
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 Pork, |
wwwevpl.in
An Oswal Group® Company l
Chandigarh Road Ludhiana - 141123 info@vpl.in
Punjab (India). Tel: +91-161-6629888
CIN: L17122PB1980PLC004242