VARDHMAN POLYTEX LTD.

Oswal Holding Private Limited and its Persons Acting in Concert (PACs) have acquired 1,47,75,000 equity shares of Vardhman Polytex Limited upon conversion of warrants issued on preferential basis. This conversion fully utilizes all warrants issued on a preferential basis. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a significant change in the promoter group's shareholding.

Vardhman Polytex Ltd announced the allotment of 37,50,000 equity shares following the conversion of warrants. The shares were issued at a price of Rs. 12.55 each, including a premium of Rs. 11.55 per share. This conversion is a result of preferential allotment of convertible warrants to the Promoter Group, Oswal Holding Private Limited. The company received Rs. 3,52,96,875/- as 75% of the issue price for this conversion. The allotment increases the company's paid-up equity share capital to Rs. 50,84,19,004/-, consisting of 50,84,19,004 equity shares. The newly allotted shares will rank pari passu with existing shares.

Vardhman Polytex Ltd announced the allotment of 37,50,000 equity shares following the conversion of warrants. 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 allottee, Oswal Holding Private Limited, a promoter group entity. The company received Rs. 3,52,96,875/- as 75% of the issue price per warrant for this conversion. This allotment increases the company's paid-up equity share capital to Rs. 50,84,19,004/-, comprising 50,84,19,004 equity shares of Re. 1/- each. The new shares will rank pari passu with existing shares.

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.

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.

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.

Vardhman Polytex Ltd announced the allotment of 55,25,000 equity shares following the conversion of warrants. This allotment is a result of the company receiving 75% of the issue price for these warrants, totaling Rs. 5,20,04,063. The conversion price was Rs. 12.55 per share. This corporate action increases the company's paid-up equity share capital to Rs. 50,46,69,004, comprising 50,46,69,004 equity shares. The newly allotted shares will rank pari passu with existing shares.

Vardhman Polytex Ltd has made a part repayment of ₹1,50,00,000 (Rupees One Crore Fifty Lakhs) towards the principal amount of its secured, redeemable, and optionally convertible debentures (OCDs) held by Special Situation India Fund. This payment, made on September 15, 2026, is funded by an advance received from the sale of its land in Ludhiana, Punjab. The repayment is in accordance with the OCD Subscription cum Trust Deed, which allows for mandatory redemption upon monetization of mortgaged properties. The repayment is being effected by a pro-rata reduction in the face value of each OCD, reducing it from ₹1,00,000 to ₹90,000, while the total number of OCDs remains 1,500. The outstanding principal balance is now ₹13,50,00,000, plus applicable interest and other charges. The company is coordinating with relevant parties to complete the necessary formalities.

Vardhman Polytex Ltd announced the allotment of 55,00,000 equity shares following the conversion of warrants. These warrants were initially issued on a preferential basis to the Promoter Group at Rs. 12.55 per warrant. The company received Rs. 5,17,68,750, representing 75% of the issue price, for this conversion. This allotment increases the company's paid-up equity share capital to Rs. 49,91,44,004. The new shares rank pari passu with existing equity shares.

Vardhman Polytex Ltd announced the allotment of 55,00,000 equity shares following the conversion of warrants. These warrants were initially issued on a preferential basis to an entity within the Promoter Group. The allotment price per share was Rs. 12.55, including a premium of Rs. 11.55. The company received Rs. 5,17,68,750 as the balance 75% subscription amount for these warrants. This conversion increases the company's paid-up equity share capital to Rs. 49,91,44,004.