Corporate News     07-Dec-11
Vardhman Polytex's members approve to issue equity shares
On preferential basis
The members of Vardhman Polytex in the extraordinary general meeting held on 07 December 2011 have approved issue of 67,30,005 equity shares to the financial investors belonging to non-promoters at a price of Rs 110 on preferential basis.

The members have approved to increase the authorised share capital of the company from Rs 50 crore to Rs 70 crore and consequent upon to alter Clause V of the memorandum of association of the company.

The members have approved to increase the long terms borrowing powers of the company from Rs 600 crore to Rs 1000 crore.

Previous News
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  Vardhman Polytex reports standalone net loss of Rs 10.41 crore in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   08:44 )
  Vardhman Polytex reports standalone net loss of Rs 19.71 crore in the December 2017 quarter
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  Vardhman Polytex reports standalone net loss of Rs 3.00 crore in the December 2016 quarter
 ( Results - Announcements 14-Feb-17   14:20 )
  Vardhman Polytex reports standalone net loss of Rs 34.07 crore in the September 2023 quarter
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