Vardhman Textiles Limited management met with several analysts and institutional investors at the Trinity India 2026 investor conference in Mumbai. The event, organized by 360 ONE Capital (B&K), took place on May 29, 2026, at Hotel Grand Hyatt. The company confirmed that only information available in the public domain was discussed during these interactions, and no Unpublished Price Sensitive Information (UPSI) was shared.

The disclosure regarding the participation outcome was made to the stock exchanges pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Sanjay Gupta, Company Secretary of vardhman textiles , on May 29, 2026.

Event Details

Vardhman Textiles Limited has published the postal ballot notice regarding the appointment of Mrs. Suchita Jain as Vice-Chairperson and Managing Director and Mr. Neeraj Jain as Managing Director. The remote e-voting facility is scheduled to be open from May 27, 2026, at 9:00 a.m. IST to June 25, 2026, at 5:00 p.m. IST. Shareholders registered as of the cut-off date, May 22, 2026, are eligible to vote. The outcome of this vote is critical for the company's leadership structure for the upcoming half-decade.

The Board of Directors approved the resolutions on May 7, 2026. Mrs. Suchita Jain, currently the Vice-Chairperson & Joint Managing Director, holds a Master's in Commerce and has over 33 years of experience in the textile industry. Mr. Neeraj Jain, a qualified Chartered Accountant with over 35 years of experience in finance and the yarn business, currently serves as Joint Managing Director. The company has engaged M/s Khanna Ashwani & Associates as the scrutinizer to oversee the voting process.

Remuneration Structure

The remuneration packages for the appointees include a basic salary, perquisites, and performance-linked incentives. The perquisites are subject to a ceiling of the annual basic salary, while performance incentives are capped at double the annual basic salary.

Voting Process and Timelines

The company has completed the electronic dispatch of the Postal Ballot Notice on May 26, 2026. The resolutions, if approved, shall be deemed to have been passed on the last date of e-voting, i.e., June 25, 2026. The result of e-Voting shall be declared on or before 2 working days from the conclusion of the e-Voting process. The company has engaged Central Depository Services (India) Limited (CDSL) as the agency for providing the remote e-voting facility.