Visagar Polytex Capital Structure Change
Visagar Polytex restructures capital via 100:1 consolidation and Rs.6 Cr infusion through preferential shares and warrants. Fresh capital funds textile expansion at Pali.
- Value
- ₹6.00 Cr
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Visagar Polytex restructures capital via 100:1 consolidation and Rs.6 Cr infusion through preferential shares and warrants. Fresh capital funds textile expansion at Pali.
Visagar Polytex has appointed CA Riddhi Kishor Trivedi as its Statutory Auditor for a five-year term, subject to shareholder approval at the ensuing AGM.
Visagar Polytex Limited has issued a notice convening its 43rd Annual General Meeting, scheduled for September 30, 2026.
Visagar Polytex's statutory auditor Bhatter & Associates resigned effective 07 Sept 2026 due to pre-occupation. The firm cites inability to devote time to the company's affairs.
Visagar Polytex Limited announced board approval for a Composite Scheme of Arrangement, AGM notice, auditor change, and a 6 Crore preferential issue of equity and warrants.
Visagar Polytex will hold a board meeting on September 7, 2026, to consider a draft composite scheme of arrangement and other routine corporate matters.
Visagar Polytex Ltd reported revenue from operations of ₹0.2 Cr (+100.0% YoY) and a net loss of ₹0.4 Cr for Q1 FY27.
Visagar Polytex scheduled a board meeting for August 13, 2026. The meeting will consider and approve the unaudited financial results for the June 30 quarter.
Visagar Polytex Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b) for the period ending June 30, 2026.