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. This allotment is a consequence of the preferential issue of convertible warrants made on March 27, 2025, to an entity within the Promoter Group. The conversion involved the receipt of the remaining 75% of the issue price, amounting to Rs. 5,20,04,063. The issue price per warrant was Rs. 12.55. This conversion increases the company's paid-up equity share capital to Rs. 50,46,69,004, comprising 50,46,69,004 equity shares of Re. 1 each. The newly allotted shares will rank pari passu with existing shares.