Press Release

Pahyy, 11 August, 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 (NCDs) SUBJECT: PRESS RELEASE Dear Sir/ Madam, Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the press release in respect of Financial Results for the quarter ended 30 June, 2026. This is for your information and record please. Thanking you, Yours truly, For Vardhman Polytex Limited Ajay K. Ratra Company Secretary Vardhman Polytex Ltd Regd. & Corp. Office: Vardhman Park, ‘ wwwvpl.in An Oswal Group® Company Chandigarh Road Ludhiana - 141123 info@vpl.in CIN: L17122PB1980PLC004242 Punjab (India). Tel: +91-161-6629888 | Vardhman Polytex Reports 757% YoY Growth in Profit (31.63 Cr.vs %0.19 Cr) and X309.55 Crore Exceptional Gain from Debt Settlement Vardhman Polytex Limited today announced a significant improvement in its financial performance and balance sheet during the quarter ended 30th June 2026, marked by strong growth in profitability and a substantial exceptional gain from debt settlement. Profit increased to 1.63 Crore in June 2026, compared with %0.19 Crore in June 2025, representing approximately 757% YoY growth. On a sequential basis, profit increased from %0.88 Crore in March 2026 to X1.63 Crore in June 2026, representing approximately 85% QoQ growth. X309.55 Crore Exceptional Gain from Phoenix ARC Debt Settlement Inaddition to the improvement in profitability, the Company recognised an exceptional gain of £309.55 Crore following the successful full and final settlement of its outstanding debt with Phoenix ARC. The gain has been recognised under Exceptional Items in the financial results for the quarter ended 30th June 2026. During the quarter, the Company allotted and listed Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) aggregating to %75 Crores on BSE Limited on 6th April 2026. Subsequently, Optionally Convertible Debentures (OCDs) aggregating to 15 Crores were allotted on 18th May 2026. The proceeds from the NCD issuance enabled the Company to fully repay its debt owed to Phoenix ARC, resulting in the full and final settlement of the outstanding liability. Strategic Impact & Financial Highlights ® 757% YoY Growth in Profit: Profit increased from %0.19 Cr in June 2025 to 21.63 Cr in June 2026. * 84% QoQ Growth in Profit: Profit increased from %0.88 Cr in March 2026 to X1.63 Cr in June 2026. * %309.55 Crore Exceptional Gain: The Phoenix ARC debt settlement resulted in a substantial exceptional gain, strengthening the Company's financial position. * Successful Debt Resolution: Full and final settlement of the Phoenix ARC debt provides a stronger financial foundation. * Strategic Asset Monetisation: The Company continues to pursue monetisation of approximately 26 Acres 6 Kanals 9 Marlas of land at its Ludhiana Unit at Focal Point, Ludhiana, as part of its asset optimisation strategy. Leadership Insights Commenting on the development, Mr. Adish Oswal, Chairman & Managing Director, Vardhman Polytex Limited, said: “The significant improvement in our profitability, with strong YoY and sequential growth, together with the successful resolution of the Phoenix ARC debt, represents an important milestone in Vardhman Polytex Limited’s financial consolidation journey. The %309.55 Crore exceptional gain and strengthening of our financial position provide a stronger foundation for sustainable growth and long-term value creation for our shareholders and stakeholders.” Strengthened Financial Platform With strong profitability growth, the X309.55 Crore exceptional gain from debt settlement and continued asset optimisation, the Company remains focused on financial consolidation, operational improvement and sustainable long-term growth. About Vardhman Polytex Limited Vardhman Polytex Limited, part of the Oswal Group, has a diversified presence across textiles and real estate, with the Group’s real estate business spanning residential, commercial and office developments. The Group continues to focus on asset optimisation, financial consolidation and long-term value creation. Media & Investor Relations Contact Vardhman Polytex Limited Email: secretarial@vpl.in Website: www.vpl.in