Vardhman Polytex Allots 37.5 Lakh Shares on Warrant Conversion

Vardhman Polytex Limited announced the allotment of 37,50,000 equity shares following the conversion of warrants. The allotment was approved by the board of directors on September 17, 2026. These shares were issued at a price of Rs. 12.55 per share, including a premium of Rs. 11.55. The conversion resulted from the exercise of rights by the allottees, who had previously paid 75% of the issue price, amounting to Rs. 3,52,96,875. This conversion increases the company's paid-up equity share capital to Rs. 50,84,19,004.