Investment6 Apr 2026, 12:06 pm
Vardhman Polytex Ltd Allots 7,500 Secured NCDs Worth Rs. 75 Crore to Special Situation India Fund
AI Summary
Vardhman Polytex Ltd has allotted 7,500 secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) of face value Rs.1,00,000/- each, aggregating to Rs.75 Crores on private placement basis to Special Situation India Fund at a coupon rate of 18% p.a. The NCDs will be listed on BSE Limited. The board meeting regarding this matter was held on 06.04.2026 and the decision was made then.
Key Highlights
- Vardhman Polytex Ltd allotted 7,500 secured NCDs worth Rs. 75 Crore.
- The NCDs were allotted to Special Situation India Fund.
- The NCDs are of face value Rs.1,00,000/- each and have a coupon rate of 18% p.a.
- The NCDs will be listed on BSE Limited.
- The decision was made at the board meeting held on 06.04.2026.