Vardhman Textiles Limted — Capital/Financing Update 2019

May 10, 2019

LUDHIANA-l4l0l0, PUNJAB T: +9l-l6|-2228943-48 F: +9l-l6l-260I 048 E: secretarial.|ud@vardhman.com

Ref. VTXL:SCY: MAY: 2019-20 Qat_e'd: 10-May—2019

The Deputy General Manager, Corporate Relationship Deptt, Bombay Stock Exchange Limited, 15' Floor, New Trading Ring, Rotunda Building, P.J Towers, Dalal Street, Fort, MuMBAI—QMQL Scrip Code: 502986 Scrip Code: VTL

The National Stock Exchange of lndia Ltd, "Exchange Plaza, Bandra-Kurla Complex, Bandra (East), MUMBAl—goo 051

SUB: COMPLIANCE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015,

Sir,

In accordance with Regulation 30(12) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company, in its meeting held on 9th May, ²⁰¹⁹ has given its in-principle approval for merger of its ⁴ subsidiary companies with it and has constituted ^a Committee of Directors to take all appropriate steps in this regard and to appoint legal consultants and/or other agencies to advise the Company for proceeding further in this matter. The decision of the Board is subject to the approval of Board of Directors of its subsidiary companies.

Kindly note and display the notice on your notice board for the information of the members of your exchange and general public.

Thanking you,

Yours faithfully,

FOR VARDHMAN TEXTlLES LlMlTED

(SanjayGu ta) Company Secretary

YARNS ^l FABRICS ^l THREADS ^l GARMENTS ^l FlBRES ^| STEELS