Vardhman Polytex Limited announced the scheduling of its 46th Annual General Meeting for September 24, 2026. The company confirmed that the meeting will include the presentation of the Annual Report for FY26.

The gathering is scheduled to commence at 11:00 am at the registered office located at Vardhman Park, Chandigarh Road, Ludhiana, Punjab. The agenda includes all businesses to be transacted during the session.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30, 34, and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on August 31, 2026, by Ajay Kumar Ratra, Company Secretary.

Document Availability

The complete notice of the AGM along with the Annual Report for FY26 is available on the company’s website at www.vpl.in . Investors are advised to review the documents for detailed financial performance and governance updates.

The National Company Law Tribunal has directed Vardhman Polytex Limited to pay ₹10.19 crore in execution proceedings against Maschinen Umwelttechnik Transportanlagen Gesellschaft GmbH (MUT). The order, dated August 20, 2026, mandates payment within 30 days.

Litigation Background

The proceedings stem from the implementation of an August 13, 2015 order by the erstwhile Company Law Board, New Delhi. The dispute concerns the exit of minority shareholder MUT from F.M. Haemmerle Textiles Limited (FMH), a former subsidiary of Vardhman Polytex. The tribunal’s latest order allows the execution application regarding the payment of share value along with interest.

Financial Implications

The claim comprises the value of FMH shares determined at ₹5.40 per share as on March 31, 2010, plus interest at 15% per annum. The company stated that the financial liability, including interest payable, remains subject to the outcome of appellate proceedings and any interim or final relief granted by competent forums.

Next Steps

Vardhman Polytex is taking legal steps to file an appeal against the order before the appropriate appellate forum. The company intends to seek interim relief or a stay against the operation and implementation of the tribunal’s direction. It will keep stock exchanges informed of material developments, including the filing of the appeal and any interim orders.