This disclosure reports on a transaction involving the acquisition and sale of shares of Vardhman Textiles Limited by the Promoter Group, as mandated under SEBI regulations. The activity spanned from March 9, 2022, to February 24, 2026. The Seller, VTL Investments Limited, disposed of 1,50,000 shares. Concurrently, Acquirers, including Vardhman Holdings Limited and Devakar Investment & Trading Co., acquired a total of 56,69,398 shares through open market transactions, resulting in a net acquisition for the group.
Mandatory Disclosure Filing Summary
This document serves as a formal disclosure regarding transactions in the shares of Vardhman Textiles Limited (TC) by the Acquirer/Persons Acting in Concert (PAC), who belong to the Promoter/Promoter group. The transactions were executed on the BSE Limited and the National Stock Exchange of India Limited.
Holding Status Before Transactions
Prior to the acquisition/sale under consideration, the holding of the Promoter Group in the company’s shares carrying voting rights stood at 18,19,31,590 shares, representing 62.90% of the total share capital and 62.32% of the total diluted capital.
Details of Acquisition and Sale
The transactions detailed involve both sales by certain entities within the group and acquisitions by others:
- Shares Sold (Seller: VTL Investments Limited): A total of 1,50,000 shares were sold, equating to 0.05% of the total share capital.
- Shares Acquired (Acquirers: Vardhman Holdings Limited and Devakar Investment & Trading Co. Pvt. Ltd): A combined total of 56,69,398 shares were acquired. This represented an acquisition of 1.96% based on total share capital and 1.94% based on diluted share capital.
- The net change in holding across the group, detailed under point (e), shows an aggregate acquisition of 55,19,398 shares, amounting to a 1.91% increase in total holding.
Holding Status After Transactions
Following the completion of these transfers, the total holding of shares carrying voting rights for the group has adjusted to 18,74,50,988 shares. This new holding represents 64.81% of the equity share capital and 64.21% of the total diluted share capital of Vardhman Textiles Limited.
Transaction Timeline and Capital Structure
The acquisition/sale activities were conducted primarily through the Open Market mode. The recorded period for these transactions ranges from March 9, 2022, to February 24, 2026. The total voting capital of the company remained consistent at 289,237,300 shares before and after the said transactions. However, the total diluted share/voting capital after the transactions is noted as 291,925,800 shares.
Source: BSE
