Vardhman Textiles revises subscription amounts for hybrid power project
Vardhman Textiles executed an amended share subscription agreement on May 29, 2026, revising the User Shareholder Subscription Amount to ₹24.46 crore and the Promoter Subscription Amount to ₹53.41 crore for a 19 MW AC Wind Solar Hybrid Power Plant in Madhya Pradesh.

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Vardhman Textiles Limited has executed an Amended Share Subscription and Shareholders' Agreement with Renew Green Energy Solutions Private Limited and Renew Green (MPR Four) Private Limited. The agreement, approved by the Committee of Directors (Renewable Energy) on May 29, 2026, revises the financial commitments for a 19 MW AC Wind Solar Hybrid Power Plant located in District Ratlam, Madhya Pradesh. The power generated from this facility will be supplied exclusively to Vardhman Textiles under the Captive Rules.
The amendment modifies the specific subscription amounts while keeping other terms of the original agreement intact. The initial agreement was executed on April 23, 2026. The meeting to approve this amendment commenced at 01:30 p.m. and concluded at 02:15 p.m. on May 29, 2026.
Revised Subscription Details
| Subscription Type | Amount (₹) |
|---|---|
| User Shareholder Subscription Amount | 24.46 crore |
| Promoter Subscription Amount | 53.41 crore |
The hybrid facility combines 26.4 MW of wind capacity and 15 MW of solar capacity. This strategic move allows Vardhman Textiles to leverage renewable sources for consistent power generation, reducing reliance on external power sources and stabilizing energy costs for its operations.
Historical Stock Returns for Vardhman Textiles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.06% | +2.13% | +5.67% | +45.39% | +37.91% | +136.38% |
How will the revised subscription amounts impact Vardhman Textiles' capital expenditure and cash flow in the upcoming fiscal year?
What is the expected timeline for the commissioning of the 19 MW AC Wind Solar Hybrid Power Plant?
How much reduction in energy costs is Vardhman Textiles targeting through this captive renewable energy project?

































