Vardhman Textiles Limited announced two significant leadership appointments at its Board of Directors meeting held on 7th May 2026. Subject to approval of the Members, the Board appointed Mrs. Suchita Jain as Vice-Chairperson & Managing Director and Mr. Neeraj Jain as Managing Director, each for a term of 5 years with effect from 01.04.2026 to 31.03.2031. The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 10:00 a.m. and concluded at 12:45 p.m.

Key Appointment Details

The following table summarises the key details of both appointments:

Profile: Mrs. Suchita Jain

Mrs. Suchita Jain holds a Master's degree in Commerce from Panjab University, Chandigarh. She has also completed the Accelerated Development & Strategy Programme from London Business School (U.K.) and the Leadership Development Programme from INSEAD, Paris. With over 33 years of experience in the Textile Industry, she has played an instrumental role in establishing fabric manufacturing — both grey and processed — within the company. Mr. S.P. Oswal is her father, Mr. Sachit Jain is her husband, and Mrs. Sagrika Vir and Mrs. Soumya Jain are her daughters.

Profile: Mr. Neeraj Jain

Mr. Neeraj Jain holds a Bachelor's degree in Commerce and is a qualified Chartered Accountant. He is also an alumnus of Harvard and has attended the Program for Leadership Development at Harvard Business School. With more than 35 years of experience in finance and the yarn business within the group, Mr. Jain has played a pivotal role in steering the company's profitable growth, innovation, and expansion. Mr. Neeraj Jain is not related to any Director of the Company.

Regulatory Confirmation

Vardhman Textiles confirmed that neither of the above-mentioned directors is debarred from holding the office of Director by virtue of any order of SEBI or any other regulatory authority. The appointments are subject to approval of the Members of the Company.

Vardhman Textiles Limited has announced the opening of a special window for transfer and dematerialisation of physical shares, providing shareholders with an opportunity to convert their physical holdings into electronic format.

Official Regulatory Filing

The company has formally communicated this initiative to stock exchanges through an official letter dated April 30, 2026. The communication was signed by Sanjay Gupta, Company Secretary, and addressed to both BSE Limited and The National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Special Window Details

The special window will remain operational for one year from February 5, 2026 to February 4, 2027. This initiative follows SEBI Circular No. HO/38/13/11(2)/2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.

Eligible Securities and Conditions

The special window is designed to facilitate transfer and dematerialisation of physical securities that were sold or purchased prior to April 1, 2019. The facility also covers transfer requests that were previously submitted but were rejected, returned, or not attended to due to deficiency in documents, process, or other reasons.

Key Requirements and Restrictions

• Only requests accompanied by original certificates along with transfer deeds and relevant supporting documents will be considered
• Securities transferred under this window will be mandatorily credited to the transferee only in demat mode
• Transferred securities will remain under lock-in for one year from the date of registration of transfer
• During the lock-in period, such securities cannot be transferred, lien-marked, or pledged

Submission Process

Eligible shareholders can submit their transfer requests along with requisite documents to the company's Registrar and Share Transfer Agent (RTA):

Corporate Information

The announcement was made through a newspaper notice published in Financial Express on April 30, 2026, and communicated to stock exchanges on the same date. The notice was signed by Sanjay Gupta, Company Secretary of Vardhman Textiles Limited.

This special window represents an important opportunity for shareholders holding physical shares to convert them into dematerialised form, ensuring better liquidity and ease of trading in the future.