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Vardhman Polytex Ltd.
Vardhman Park, Chandigarh Road
Phone: +91 1612685301p:+91 1612685301 LUDHIANA, 141123  India Ticker: VARDMNPOLYVARDMNPOLY
Business Summary
Vardhman Polytex Limited is an India-based holding company. The Company’s principal activity is manufacturing of yarn and garments. The Company has production facilities located at Ludhiana, Punjab, and Nalagarh, Himachal Pradesh. The Company's yarn portfolio includes cotton yarns (carded, combed, organic, better cotton initiative and supima), cotton polyester yarns to value added yarns (grey and dyed) in variable counts. It manufactures, exports and wholesale of blended compact yarn, knitting compact yarn and weaving compact yarn from Ludhiana. The Company’s technology comprises of various machinery manufacturers, Rieter, Trutzschler, Kirloskar Toyota, Schlafhorst, Murata, Volkmann, Xorella, Loptex, Uster, Luwa, Fongs, Thies, SSM and Monga Strayfield. It has a capacity of dyeing 15 tons of yarn per day. Its Ludhiana unit has an installed capacity of 50000 spindles and has technology imported from Rieter (Switzerland), Muratac (Japan) and USter (Switzerland).

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2024Yes----

Industries
SIC Code Description
2281 Yarn spinning mills
2329 Men's and boys' clothing, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Chief Operating Officer, Managing Director AdishOswal 38 12/26/2018 8/1/2009
Chief Financial Officer R.M.Soni 9/1/2020 9/1/2020
Compliance Officer, Company Secretary Ajay K.Ratra 11/12/2018 11/12/2018
5 additional Officers and Directors records available in full report.

Business Names
Business Name
514175
Oswal F M Hammerle Textiles Limited
VARDMNPOLY

General Information
Number of Employees: 1,046 (As of 3/31/2024)
Outstanding Shares: 415,069,004 (As of 11/14/2024)
Shareholders: 7,483
Stock Exchange: NSE
Fax Number: +91 1616629988


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Monday, December 2, 2024