Vardhman Polytex Ltd

📊 Vardhman Polytex Approves ₹25 Cr Convertible Debentures & Board Observer Provision

• Extraordinary General Meeting held on April 16, 2026, at Vardhman Park, Ludhiana.

• Approved issuance of unsecured, redeemable, optionally convertible debentures worth Rs. 25 crore on a preferential basis.

• Approved alteration of Articles of Association to allow appointment of an observer to the Board by debenture trustees or holders.

• Remote e-voting was available from April 13 to 15, 2026, via www.evotingindia.com, with physical ballot voting at the meeting.

• Scrutinizer for voting process was M/s Khanna Ashwani and Associates, Company Secretaries.

• Results of the voting to be declared within two working days after the meeting.

• NSE observations on the explanatory statement were minor and clarified; no corrigendum issued.