Vardhman Textiles Limited has informed the Exchange about Commencement of commercial production/operations.
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Awaiting price reaction for this filing.
Vardhman Textiles has started commercial production at its new Technical Textiles plant in Baddi, HP, effective March 1, 2026. This was first announced as part of a capex plan on May 9, 2024. The new facility will add capacity of 15 lakh metres of technical textiles fabric per month. This expands Vardhman's product portfolio into the technical textiles segment, which is a higher-value category compared to conventional yarn and fabric. The plant diversifies the company's manufacturing footprint beyond its core Ludhiana operations.
Positive for shareholders — adds a new revenue stream and capacity in a growing segment. The stock may see a modest short-term positive reaction, though actual financial impact will depend on capacity utilization and pricing in the technical textiles market.