Company par financial pressure: Kaha se aa rahe hain paise?
Vardhman Polytex filhaal apne negative net worth, jo ki ₹227.39 crore ho gaya hai (March 31, 2025 tak), use theek karne par focus kar rahi hai. Iske liye unhone ek master plan banaya hai.
Sabse pehle, company ₹35 crore tak ka fund NCDs (Non-Convertible Debentures) se raise karegi, jisme 18% annual interest rate hoga aur ye BSE par list honge. Dusra, wo ₹25 crore OCDs (Optionally Convertible Debentures) se Special Situation India Fund se raise karenge, jisme 18% compounded annual interest milega. Ye dono milakar total ₹60 crore hote hain.
Aur haan, company apni Ludhiana Unit ki land ko bhi sell, transfer ya dispose karne ka plan bana rahi hai. Isse jo paisa aayega, wo loan chukane aur business ko aage badhane mein use hoga. Pichhle financial year mein is land se company ko ₹95.14 crore ka revenue/income mila tha.
Shareholders ka vote aur future plans
OCDs issue karne aur company ke Articles of Association (AOA) mein kuch changes karne ke liye shareholders ki approval chahiye hogi. Iske liye April 16, 2026 ko ek EGM (Extraordinary General Meeting) bhi rakhi gayi hai. AOA changes mein debenture holders ke liye 'Observer' role bhi add ho sakta hai.
Company pehle bhi operational challenges se guzri hai. Unhone Bathinda unit band kar di thi aur Ludhiana facility bhi March 2025 tak band karne ka plan tha, taaki cash flow better ho sake. Pichhle saalon mein loan interest aur principal payments par default bhi hue the, jisse pata chalta hai ki company ko financial help ki sakht zaroorat hai.