Vardhman Polytex Allots 55.25 Lakh Shares on Warrant Conversion

Vardhman Polytex Ltd announced the allotment of 55,25,000 equity shares following the conversion of warrants. These warrants were initially issued on a preferential basis to an entity within the Promoter Group. The conversion involved the receipt of Rs. 5,20,04,063, representing 75% of the issue price per warrant. The allotment was approved at a board meeting held on September 16, 2026. Each share was allotted at a price of Rs. 12.55, including a premium of Rs. 11.55. This conversion increases the company's paid-up equity share capital to Rs. 50,46,69,004.