Vardhman Textiles Limited (VTL.NS) NSE
Currency In INR
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Vardhman Textiles Limited
Sector
Consumer Cyclical
Industry
Apparel - Manufacturers
Employees
24929
First IPO Date
July 01, 2002
Key Executives
| Name | Title | Pay | Year Born |
| Neeraj Jain | Joint MD, Chief Executive Officer of Yarn Business Operations & Executive Non-Independent Director | 37.58M | 1967 |
| Sagrika Jain | Executive Director | 11.45M | 1996 |
| Suchita Jain | Vice Chairperson & Joint MD | 34.29M | 1968 |
| Shri Paul Oswal | Executive Chairman & MD | 227.79M | 1942 |
| Parveen Dhingra | Chief General Manager of Operations & Unit Head | 0 | 1965 |
| Rajeev Thapar | Chief Financial Officer | 0 | 1966 |
| Sanjay Gupta | Compliance Officer & Company Secretary | 0 | N/A |
| Sushil Kumar Jhamb | Director of Raw Material Procurement | 0 | 1973 |
| Mukesh Saxena | Chief General Manager of Operations & Unit Head | 0 | 1962 |
| Mukesh Bansal | Executive Vice President & Head of Fabric Sales & Marketing | 0 | 1976 |
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.