Updates

August 21, 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) Sub: Disclosure under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Material Development in Litigation Proceedings Dear Sir/Madam, Pursuant to Regulation 30 & 51 read with-Part A & B of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchanges of a material development in the litigation proceedings involving the Company. The details of the material development are set out below: Particulars Details Name of the opposing Maschinen Umwelttechnik Transportanlagen Gesellschaft party GmbH (*MUT") Court / Tribunal Hon'ble National Company Law Tribunal, Chandigarh Bench (Court-II) C.A. No. 271 of 2022 and C.A. No. 118 of 2025 in CP No. 50 Case / Application No. of 2010 (in CLB) Execution proceedings arising out of the order dated 13 Nature of proceedings August 2015 passed by the erstwhile Company Law Board, New Delhi The proceedings relate to the implementation/execution of the order dated 13 August 2015 passed by the erstwhile Company Law Board in relation to the exit of the minority Brief details of the shareholder/MUT from F.M. Haemmerle Textiles Limited dispute (“"FMH") erstwhile subsidiary of Vardhman Polytex Limited (formerly known as Oswal F.M. Haemmerle Textiles Limited), including payment of the value of shares along with interest. The Hon'ble NCLT, Chandigarh Bench, vide its order dated 20 August 2026 (uploaded on NCLT portal on 21 August, 2026), Latest development has allowed the execution application and issued directions for payment by the Company. Rs.10.19 crore, being the value of the shares of FMH Amount involved / claim | determined at Rs.5.40 per share as on 31 March 2010, together with interest thereon at the rate of 15% per annum:-| Vardhman Polytex Ltd | Regd. & Corp. Office: Varchman Park, | F An Oswal Groug Company Chandigarh Road, Ludhiana-141123 SR CIN: L17122PB1980PLC004242 Punjab (India). Tel: +91-161-6629888 info@vgin The aforesaid order, if ultimately upheld and implemented, would result in a financial liability on the Company comprising the aforesaid amount together with applicable interest. The Impact / financial financial impact, including the amount of interest payable, implications will be subject to the outcome of the appellate proceedings and any interim/final relief that may be granted by the competent appellate forum. The Hon’ble NCLT has directed the Company to make the Time period for compliance payment within 30 days from the date of pronouncement of the order. The order has been pronounced on 20 August 2026. The Company is taking appropriate legal steps for filing an appeal Status of proceedings against the aforesaid order before the appropriate appellate forum and shall seek appropriate interim relief/stay in accordance with law. The present disclosure is being made to intimate the Stock Other relevant Exchanges regarding the material development/outcome in information the said proceedings. The Company is taking appropriate legal steps to challenge the aforesaid order before the appropriate appellate forum and intends to seek appropriate interim relief/stay against the operation and impiementation of the order. The Company shall keep the Stock Exchanges informed of all material developments in the matter, including filing of the appeal, any interim order/stay granted by the appellate forum and the final outcome of the proceedings, as and when the same occurs. This is for your information and dissemination to the members of the Exchange. Thanking you, Yours faithfully, For Vardhr},'fani Polyt: Ajay K. Ratra. Company Secre! Regd. & Corp. Office: Vardhman Park, Vardhman Polytex Ltd ! www.vpl.in An Oswal Group' Company Chandigarh Road, Ludhiana-141123 CIN:-L17122PB1980PLCO04242 Punjab (India). Tel: +91-161-6629888 info@vpl.in