The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 10, 2026 for Adish Oswal & Others
VARDMNPOLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vardhman Polytex Ltd has reported that its Promoters and Promoter Group created a fresh pledge on their shareholdings on April 7, 2026, in favor of Catalyst Trusteeship Limited, the Debenture Trustee for debentures issued by the company. The pledge covers shares held by 23 promoter-related entities, including members of the Oswal family (Adish, Manju, Rakhi, Abhinav, Aketa Oswal) and several investment and trading companies such as Panchsheel Textile (4.42 crore shares, 9.17%), Oswal Holding (4.70 crore shares, 9.74%), Adesh Investment (4.36 crore shares, 9.03%), and Enakshi Investments (37 lakh shares, 0.77%). A separate Non-Disposal Undertaking was also given for 2.54 crore warrants pending conversion. The disclosure is being filed under SEBI Takeover Regulations and shared with both NSE and BSE.
This is a fresh pledge creation (not a release or invocation), and most promoter entities appear to have pledged all or nearly all of their shareholdings, which heightens financial risk. A sharp drop in share price could trigger margin calls or eventual pledge invocation, potentially forcing promoter stake sales and creating pressure on the stock. Retail investors should treat this as a negative risk signal warranting close monitoring.