Vardhman Textiles Limited (VTL.NS) NSE

Currency In INR

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Vardhman Textiles Limited

Address

Vardhman Premises

Ludhiana, 141010

India

Phone

91 16 1222 8943

Sector

Consumer Cyclical

Industry

Apparel - Manufacturers

Employees

24929

First IPO Date

July 01, 2002

Key Executives

NameTitlePayYear Born
Neeraj JainJoint MD, Chief Executive Officer of Yarn Business Operations & Executive Non-Independent Director37.58M1967
Sagrika JainExecutive Director11.45M1996
Suchita JainVice Chairperson & Joint MD34.29M1968
Shri Paul OswalExecutive Chairman & MD227.79M1942
Parveen DhingraChief General Manager of Operations & Unit Head01965
Rajeev ThaparChief Financial Officer01966
Sanjay GuptaCompliance Officer & Company Secretary0N/A
Sushil Kumar JhambDirector of Raw Material Procurement01973
Mukesh SaxenaChief General Manager of Operations & Unit Head01962
Mukesh BansalExecutive Vice President & Head of Fabric Sales & Marketing01976
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Description

Headquartered in Ludhiana, India, and established in 1965, Vardhman Textiles Limited is a diversified manufacturer and global supplier of textile, fiber, and steel products. Its extensive market reach encompasses India, other Asian countries, the United States, Europe, and the Middle East. The company's comprehensive textile portfolio includes yarns, fabrics, fibers, threads, and finished garments. It specializes in a broad range of greige and dyed yarns, available in cotton, polyester, acrylic, and various blended compositions. Additionally, Vardhman offers a selection of premium, value-added yarns such as organic cotton, melange, core-spun, ultra yarns, gassed mercerized, super fine, slub, cellulose, and decorative fancy yarns, including those suitable for hand knitting. Beyond its core textile operations, Vardhman Textiles Limited also engages in financial services through lending and investment activities. Furthermore, it operates a steel manufacturing division, producing hot rolled bars, special, and alloy steels essential for the automotive, engineering, bearing, and related industrial sectors. The company was formerly known as Mahavir Spinning Mills Limited before officially changing its name to Vardhman Textiles Limited in September 2006.

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