BSE has listed 2,41,25,000 new equity shares of Vardhman Polytex Limited (Scrip Code: 514175, ISIN: INE835A01029), issued at Rs. 12.55/- per share (face value Re. 1/- + premium of Rs. 11.55/-) to the promoter group on a preferential basis through conversion of warrants. These shares are permitted to trade on BSE effective Wednesday, May 13, 2026.

Key Points

• Total new shares listed: 2,41,25,000 equity shares of Re. 1/- each
• Issue price: Rs. 12.55/- per share (Re. 1/- face value + Rs. 11.55/- premium)
• Allotted to promoter group via conversion of warrants on preferential basis
• New shares rank pari-passu with existing equity shares
• Trading effective: Wednesday, May 13, 2026
• ISIN: INE835A01029

Regulatory Changes

No new regulatory changes. This is a standard listing notice pursuant to preferential allotment and warrant conversion under existing SEBI and BSE listing regulations.

Compliance Requirements

• Trading members are informed to permit trading of these new securities from May 13, 2026
• Lock-in restrictions apply: all 2,41,25,000 shares (Dist. Nos. 458894005–483019004) are locked in until November 15, 2027

Important Dates

Impact Assessment

The listing of 2,41,25,000 new shares on preferential basis to the promoter group represents a dilution to existing public shareholders. However, since all newly issued shares are subject to a lock-in period until November 15, 2027, there is no immediate increase in tradeable float. The issue price of Rs. 12.55/- reflects the premium paid by the promoters at the time of warrant subscription. Market impact on listing day (May 13, 2026) is expected to be minimal given the lock-in constraint.