Vardhman textiles Limited has issued a postal ballot notice seeking shareholder approval for amending its Memorandum of Association (MOA). The company announced this development through a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Amendment Details

The company seeks to alter the Object Clause of its MOA by inserting a new sub-clause (xxxiv) after sub-clause (xxxiii) of clause III (B). The proposed addition will enable the company to engage in electricity generation activities for captive consumption and external sales.

The new clause will authorize the company "To set up, purchase or otherwise acquire, manage electricity generation plants and facilities and to generate, accumulate, distribute, supply, sell or otherwise deal with electricity of all kinds including hydel, thermal, nuclear, gaseous, solar, wind and other non-conventional sources or otherwise, whether at its own or in collaboration or arrangement with any other third party, for captive consumption or selling to external parties or otherwise as they deem fit and proper in this context."

Regulatory Compliance Requirement

According to the explanatory statement, the amendment is necessitated by guidelines and orders issued by the Madhya Pradesh Electricity Regulatory Commission. These regulations require that the MOA of consumer companies include enabling provisions for captive power generation and consumption. The Board of Directors approved this amendment in their meeting held on January 21, 2026, subject to shareholder approval.

Postal Ballot Process

The company will conduct the voting process entirely through electronic means, with no physical postal ballot forms being distributed. The postal ballot notice will be sent only via email to shareholders whose email addresses are registered with the company or depositories.

Voting Arrangements

Central Depository Services (India) Limited (CDSL) will provide the remote e-voting platform for this postal ballot. The company has appointed M/s Khanna Ashwani & Associates, Practicing Company Secretaries, as the scrutinizer for conducting the postal ballot process. Mr. Ashwani Kumar Khanna (Certificate of Practice No. 2220) will oversee the voting process to ensure fairness and transparency.

Shareholders holding shares as of the cut-off date will be entitled to vote, with voting rights proportional to their shareholding in the company's paid-up equity share capital. The results will be published on the company's website and communicated to stock exchanges where the company's shares are listed.

Key Information

The company clarified that this amendment does not change the main objects of the company under Para A of clause III of the MOA. The proposed changes are limited to Para B, which covers objects incidental or ancillary to the main objectives. None of the directors, key managerial personnel, or their relatives have any financial interest in the proposed resolution.

Vardhman textiles Limited has issued a clarification to BSE Limited regarding the recent surge in trading volume of its securities across exchanges, confirming compliance with regulatory disclosure requirements.

BSE Surveillance Inquiry Response

The company responded to BSE's surveillance department inquiry dated February 01, 2026, which sought clarification on the significant increase in trading volume. Company Secretary Sanjay Gupta addressed the matter in an official communication dated February 02, 2026.

Regulatory Compliance Statement

Vardhman Textiles emphasized its adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The company stated that it has been consistently providing and intimating the exchange about all price-sensitive information and events on a timely basis.

The textile manufacturer categorically confirmed that no information or announcement bearing impact on price or volume behavior of the company's scrip remains pending for reporting or disclosure to the exchange.

Company Profile

Vardhman Textiles Limited, established in 1965, operates across multiple textile segments including yarns, fabrics, garments, threads, fibres, and steels. The company is headquartered in Ludhiana, Punjab, and has been delivering excellence in the textile industry for nearly six decades.

The clarification demonstrates the company's commitment to transparency and regulatory compliance, ensuring all stakeholders remain informed about material developments that could influence trading activity.