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The latest announcement is out from Vardhman Textiles Limited ( (IN:VTL) ).
Vardhman Textiles Limited has reported to Indian stock exchanges that 6,345 equity shares were dematerialized in April 2026 under Securities and Exchange Board of India regulations. Following verification of the relevant share certificates, the physical certificates were cancelled and the depository was recorded as the registered owner, reflecting ongoing migration of its share capital to electronic form and reinforcing compliance with securities market norms.
The update indicates routine custodial and registry activity rather than a change in capital structure, but it underscores the company’s continued alignment with dematerialization requirements that support transparency and ease of trading for investors. By confirming the substitution of cancelled physical certificates with depository records, Vardhman Textiles helps maintain orderly shareholding records and facilitates smoother settlement in the secondary market.
More about Vardhman Textiles Limited
Vardhman Textiles Limited is an Indian textile manufacturer based in Ludhiana, Punjab, operating since 1965. The company produces and markets yarns, fabrics, garments, threads, fibres and steels, serving a broad range of customers in the domestic and export textile markets.
Average Trading Volume: 83,039
Technical Sentiment Signal: Buy
Current Market Cap: 176.9B INR
Learn more about VTL stock on TipRanks’ Stock Analysis page.