Vardhman Polytex Limited has filed a regulatory disclosure with stock exchanges confirming its status under the SEBI operational circular framework for Large Corporates. The disclosure, dated April 07, 2026, was submitted to both the National Stock Exchange of India Limited and BSE Limited as part of mandatory compliance requirements.

Regulatory Disclosure Details

The company submitted its disclosure pursuant to SEBI's operational circular dated August 10, 2021, which relates to fund raising by issuance of debt securities by "Large Entities." The comprehensive disclosure provides key financial and regulatory information required under the framework.

Large Corporate Status Confirmation

Vardhman Polytex Limited has explicitly confirmed that it does NOT qualify as a Large Corporate as per the applicable criteria outlined in chapter XII of SEBI's operational circular dated August 10, 2021. This confirmation is significant for the company's regulatory compliance and future fund-raising activities.

The company reported NIL outstanding long-term borrowings as of March 31, 2026, which is a key factor in determining Large Corporate status under the SEBI framework. The disclosure also indicates that the provision for fine payment to stock exchanges in case of shortfall in required borrowing is not applicable to the company.

Credit Rating Information

The company's highest credit rating during the previous financial year was "IVR D" assigned by Infomerics Valuation and Rating Ltd. This rating information forms part of the mandatory disclosure requirements under the SEBI circular and provides transparency regarding the company's creditworthiness to market participants.

Compliance and Documentation

The disclosure was duly signed by Company Secretary Ajay K. Ratra and Chief Financial Officer Radhamohan Soni, ensuring proper authorization and compliance with corporate governance requirements. The submission to both NSE (scrip code: VARDMNPOLY) and BSE (scrip code: 514175) ensures comprehensive market notification of the company's regulatory status.

Vardhman Polytex Limited has submitted its quarterly disclosure on loan payment status to stock exchanges, revealing significant defaults on bank borrowings as on March 31, 2026. The disclosure, made in compliance with SEBI Master Circular dated July 11, 2023, provides a comprehensive overview of the company's financial obligations and payment status.

Financial Indebtedness Overview

The company's financial disclosure presents a detailed breakdown of its borrowing position and default status across different categories of debt instruments.

Loan Facilities and Default Status

Vardhman Polytex reported total outstanding revolving facilities including cash credit from banks and financial institutions amounting to ₹54.38 crore as on March 31, 2026. Of this total amount, the company has defaulted on ₹17.33 crore, representing approximately 32% of its total bank borrowings.

Debt Securities Position

The company maintains a clean slate regarding unlisted debt securities, with no outstanding amounts in Non-Convertible Debentures (NCDs) and Non-Convertible Redeemable Preference Shares (NCRPS). Both the total outstanding amount and default amount for unlisted debt securities stand at ₹0.00 crore.

Regulatory Compliance

The disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited as part of the company's quarterly compliance obligations. Company Secretary Ajay K. Ratra and Chief Financial Officer Radhamohan Soni signed the disclosure document, ensuring proper authorization and accountability for the financial information presented.

Total Financial Exposure

The company's total financial indebtedness, including both short-term and long-term obligations, amounts to ₹54.53 crore as on March 31, 2026. This figure encompasses all borrowing facilities and represents the company's complete debt exposure to financial institutions and other lenders.