The National Company Law Tribunal, Chandigarh Bench (“NCLT” or
“Tribunal”) has sanctioned the Scheme of Amalgamation filed by the company under
section 230 and 232 of the Companies Act, 2013 comprising of amalgamation of VMT
Spinning Company Limited (Transferor Company 1) and Vardhman Nisshinbo Garments
Company Limited (Transferor Company 2) with Vardhman Textiles Limited (Transferee
Company).

NCLT approves scheme of amalgamation in Vardhman Textiles Limited