5029862026-10-052026-10-055029862026-10-055029862026-10-052026-10-05PartiesOfTheAgreementDomain15029862026-10-05PartiesOfTheAgreementDomain15029862026-10-052026-10-05PartiesOfTheAgreementDomain25029862026-10-05PartiesOfTheAgreementDomain25029862026-10-052026-10-05PartiesOfTheAgreementDomain35029862026-10-05PartiesOfTheAgreementDomain3xbrli:purexbrli:sharesiso4217:INRxbrli:sharesVARDHMAN TEXTILES LIMITEDVTLNewShareholder agreementsExecution of agreementListed Entitytrue2026-10-0510:30:00true2026-10-05Share Subscription cum Shareholders’ Agreement2026-10-05falseThe Company is in textile business and the agreement is to develop / construct 40 MW of wind plant at Karnataka and 40MWp/30 MW of solar plant at Rajasthan connected to ISTS grid substation together with all associated land, power connection assets, auxiliary equipment and facilities, related materials, switch-gear, transformers, protection equipment and other items, which will be set up as a captive power project in accordance with the Captive Requirements (collectively referred to as “Project”), to supply a total of 27 MW of wind solar hybrid power (“Contracted Capacity”) to the Company’s Facility(ies) located in the state of Himachal Pradesh.No3Vardhman Textiles Limited (Captive User)Party entering into the agreement000falseSerentica Renewables India Private Limited (Developer)Party entering into the agreement000falseSerentica Renewables India 32 Private Limited (Power Producer)Party entering into the agreement000false2026-10-05The purpose of entering into the Agreements is to develop / construct 40 MW of wind plant at Karnataka and 40MWp/30 MW of solar plant at Rajasthan connected to ISTS grid substation together with all associated land, power connection assets, auxiliary equipment and facilities, related materials, switch-gear, transformers, protection equipment and other items, which will be set up as a captive power project in accordance with the Captive Requirements (collectively referred to as “Project”), to supply a total of 27 MW of wind solar hybrid power (“Contracted Capacity”) to the Company’s Facility(ies) located in the state of Himachal Pradesh.Power Producer shall have rights to establish and operate the said Plant. Vardhman Textiles Limited shall have rights over Reserved Matters. Both the parties i.e. Vardhman Textiles Limited and Serentica Renewables India Private Limited shall have voting rights in Serentica Renewables India 32 Private Limited (Power Producer), proportionate to their shareholding.trueCapital of Serentica Renewables India 32 Private Limited will be Rs. 160.96 Crore. i. Contribution of Vardhman Textiles Limited will be Rs. 41.85 Crore (minimum 26% stake) and ii. Contribution of Serentica Renewables India Private Limited will be Rs. 119.11 Crore (Upto 74% stake) 10NilVardhman Textiles Limited will not appoint any director on the Board of the Power Producer. <BR> <BR> No Potential Conflict of Interest shall arise out of these Agreements. <BR>