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Vardhman Textiles Limited ( (IN:VTL) ) has issued an update.
Vardhman Textiles Limited has allotted 44,500 equity shares of face value Rs. 2 each to eligible employees who exercised options under the Vardhman Textiles Limited Employee Stock Option Plan, 2024. The new shares, approved by the Committee of Directors at a March 5, 2026 meeting, will rank pari passu with existing equity shares, modestly expanding the company’s equity base and reinforcing its use of stock-based incentives for staff retention and alignment with shareholders.
More about Vardhman Textiles Limited
Vardhman Textiles Limited is an Indian textile manufacturer based in Ludhiana, Punjab, operating since 1965. The company produces a broad range of textile products including yarns, fabrics, garments, threads, fibres and steels, serving both domestic and export-oriented textile markets.
Average Trading Volume: 30,856
Technical Sentiment Signal: Strong Buy
Current Market Cap: 158.3B INR
For detailed information about VTL stock, go to TipRanks’ Stock Analysis page.