Vardhman Textiles Limited has submitted detailed information regarding the dematerialization of 10,065 equity shares during March 2026, fulfilling regulatory requirements under SEBI's depository regulations.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 8, 2026. Company Secretary Sanjay Gupta submitted the documentation to both BSE Limited and The National Stock Exchange of India Limited, providing comprehensive details of shares dematerialized during March 2026.

Dematerialization Breakdown

The dematerialization process was conducted through both major depositories in India. The detailed breakdown shows systematic processing throughout March 2026, with transactions ranging from 75 shares to 3,375 shares per certificate.

Certificate Processing Details

The company processed certificates with distinctive numbers ranging from smaller denominations to larger blocks. The largest single dematerialization involved 3,375 shares processed on March 19, 2026, while the smallest comprised 75 shares processed on March 31, 2026.

Compliance Confirmation

Sanjay Gupta, Company Secretary, certified that all 10,065 equity shares have been properly dematerialized after due verification of share certificates, including distinctive numbers and certificate numbers. Following dematerialization, all share certificates have been cancelled and substituted with the depository name as the registered owner in the company's records.

Regulatory Distribution

The comprehensive documentation was submitted to stock exchanges and relevant depositories, ensuring full regulatory compliance across all market infrastructure institutions for the dematerialization process completed during March 2026.

Vardhman Textiles Limited has successfully completed its postal ballot process and submitted the results along with the scrutinizer report to stock exchanges under Regulation 44 of SEBI Listing Regulations. The company received overwhelming shareholder support for expanding into electricity generation business, with the resolution deemed passed on March 11, 2026.

Postal Ballot Submission and Compliance

The company submitted the postal ballot results to BSE Limited and National Stock Exchange of India on March 12, 2026, through a communication signed by Company Secretary Sanjay Gupta. The submission was made pursuant to Regulation 44(3) of SEBI Listing Regulations, including detailed voting results and a certified copy of the scrutinizer report.

Scrutinizer Appointment and Process

M/s Khanna Ashwani & Associates, Practicing Company Secretaries, were appointed as scrutinizers by the Board of Directors on January 21, 2026. CS Ashwani Kumar Khanna (FCS 3254) served as the scrutinizer for the postal ballot process. The e-voting period commenced on February 10, 2026, at 09:00 AM IST and concluded on March 11, 2026, at 05:00 PM IST, with January 30, 2026, as the record date.

Voting Results and Shareholder Participation

The postal ballot witnessed significant shareholder participation with 83.74% of the total paid-up share capital being voted. Out of 84,541 total shareholders on record date, 371 members participated in the voting process through remote e-voting facilitated by Central Depository Services (India) Limited.

Category-wise Voting Breakdown

The resolution received unanimous support from promoter and promoter group, who voted 181,753,890 shares representing 97.50% of their holdings. Public institutions voted 60,321,086 shares (94.52% of their holdings) entirely in favor. Public non-institutions showed 98.44% support with 143,535 votes in favor and 2,276 against.

Business Expansion Approval

Shareholders approved the alteration of the object clause in the company's Memorandum of Association by adding sub-clause (xxxiv) under clause III (B). This amendment enables the company to engage in comprehensive electricity generation activities including setting up power plants, generating and distributing electricity from various sources such as hydel, thermal, nuclear, solar, wind, and other non-conventional sources.

The approved resolution allows the company to operate power generation facilities independently or through collaborations, serving both captive consumption needs and external market sales, representing a strategic diversification for the textile manufacturer.