Vardhman Polytex Limited has announced the successful completion of full settlement of its outstanding dues with Phoenix ARC Private Limited, marking a significant financial milestone for the company. The repayment was executed using proceeds from Non-Convertible Debentures issued by the company.

Settlement Details and Financial Impact

The company has informed stock exchanges that the settlement resolves the earlier default that was being reported on a quarterly basis in compliance with SEBI LODR provisions. This repayment represents a complete resolution of the outstanding obligations with Phoenix ARC Private Limited.

Regulatory Compliance and Reporting

The settlement was announced pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had been reporting the default status to stock exchanges on a quarterly basis as required under SEBI LODR compliance framework.

Financial Write-back Benefits

A significant outcome of this settlement is the write-back of approximately Rs.300.00 crore pertaining to previous debt settlement liabilities. This substantial write-back amount is expected to have a positive impact on the company's financial position and balance sheet.

Corporate Communication

The announcement was signed by Ajay K. Ratra, Company Secretary of Vardhman Polytex Limited, and communicated to both the National Stock Exchange of India Limited and BSE Limited as per regulatory requirements. The settlement marks the complete resolution of the outstanding dues and cures the previously reported default status.

Vardhman Polytex Limited has filed its quarterly compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The textile company submitted the mandatory documentation to stock exchanges and depositories as part of its regular regulatory obligations.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on 08 April, 2026. Company Secretary Ajay K. Ratra signed and submitted the compliance documentation to fulfill quarterly reporting requirements.

Registrar Confirmation

Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate confirming proper dematerialization procedures. The registrar certified that securities comprised in physical certificates have been properly processed and listed on stock exchanges.

General Manager Kamal Garg from Alankit Assignments Limited digitally signed the certificate on 31st March, 2026, confirming that:

• Securities have been listed on stock exchanges
• Physical certificates were verified, mutilated and cancelled
• Depository names were substituted as registered owners in records

Submission Recipients

The compliance certificate was submitted to multiple regulatory bodies and market infrastructure institutions:

About the Filing

This quarterly certificate filing represents standard regulatory compliance for listed companies regarding dematerialization of securities. The documentation ensures transparency in share transfer processes and maintains investor confidence through proper record-keeping of equity share transactions.

Alankit Assignments Limited, with SEBI registration numbers across multiple categories, continues to serve as the company's registrar, facilitating smooth dematerialization processes and maintaining accurate shareholder records.