Corporate News     09-May-24
Board of Vardhman Textiles approves capex of Rs 2,000 cr for capacity addition and green power generation
At meeting held on 09 April 2024
The Board of Vardhman Textiles at its meeting held on 09 April 2024 has approved the enhancement and modernization of existing Spinning and Fabric Business capacity of the Company and also generation of Green Power with a total capital outlay of Rs. 2,000 crore (approx.).

The details for proposed capacity expansion are detailed below:

- Installation of 5,520 rotors and 17,000 spindles, totaling to about 50,000 equivalent spindles
- Installation of new capacity of Technical Textiles producing 15 lakh meters of fabric per month
- Modernization Schemes for yarn/fabric Operations
- Green Power generation through Solar/ Wind/ Hybrid Project (directly/ SPV mode)
- Upgradation of existing IT system.

Previous News
  Vardhman Textiles to table results
 ( Corporate News - 03-May-24   18:32 )
  Vardhman Textiles consolidated net profit declines 76.11% in the December 2022 quarter
 ( Results - Announcements 25-Jan-23   13:22 )
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 ( Results - Announcements 09-Nov-17   16:04 )
  Vardhman Textiles consolidated net profit rises 1.74% in the December 2019 quarter
 ( Results - Announcements 13-Feb-20   16:08 )
  Vardhman Textiles reports consolidated net profit of Rs 314.70 crore in the June 2021 quarter
 ( Results - Announcements 29-Jul-21   13:53 )
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 ( Corporate News - 05-Nov-18   13:55 )
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 ( Results - Announcements 14-Aug-18   16:15 )
  Vardhman Textiles to announce Quarterly Result
 ( Corporate News - 17-Oct-20   16:06 )
  Vardhman Textiles to hold AGM
 ( Corporate News - 12-Sep-22   11:34 )
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