Vardhman Textiles to acquire 26% of Serentica Renewables India 32 Private Limited
Vardhman Textiles (VTL) said it has agreed a deal to acquire 26% of Serentica Renewables India 32 Private Limited. The company is valued at about ₹15,425 crore.
What happened
In a filing with the NSE on 5 October 2026 at 10:39 AM, Vardhman Textiles (VTL) said that it has agreed a deal to acquire 26% of Serentica Renewables India 32 Private Limited.
Company snapshot
Vardhman Textiles is a small-cap company in the Textiles sector, with a market value of about ₹15,425 crore.
The stock last traded at ₹532.9, against a 52-week range of ₹385.5–₹688 (22.6% below the high).
Before this filing the shares had moved −9.9% over the month and −20.0% over three months. Average daily turnover over the last 20 sessions was about ₹20.11 crore.
Promoters held 65.08% at the end of Q1 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 6.07% and domestic institutions 14.69%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,386 | 207.2 | 7.28 |
| Q2 FY26 | 2,480 | 187 | 6.57 |
| Q3 FY26 | 2,505 | 166.3 | 5.85 |
| Q4 FY26 | 2,498 | 184.7 | 6.49 |
| Q1 FY27 | 2,703 | 309.8 | 10.88 |
What history shows
This is not the company's first m&a disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Across 18 similar disclosures by other Textiles companies, shares moved +0.3% on average the next day and +1.2% over five days; 56% of them rose the next day.
Market-wide, 1,948 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Vardhman Textiles Limited (VTL.NS) stock price, news, quote and history
- Max Financial Services, Vardhman Textiles, Caplin Point shares spurt amid spike in volumes
- Vardhman Textiles acquires 26% stake in Serentica Renewables unit
- Vardhman Textiles - Positive Breakout: These 12 stocks cross above their 200 DMAs
- Vardhman Textiles to invest Rs. 41.85 crore in Serentica Renewables India 32
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.