2011
Vardhman Special Steels was demerged from VTXL into a listed Company Vardhman Special Steels Ltd. (VSSL) and post demerger, VTXL is now a pure textile Company manufacturing yarn & fabric
2011-20202009
Vardhman Nisshinbo Garments Limited, a JV between Vardhman Group and Nisshinbo Textiles Inc., Japan was set up for manufacturing formal shirts
2008
Vardhman Fabrics was set up in Budni, Madhya Pradesh. The state-of-the-art consolidated textile plant with an installed capacity of 60,000 spindles, 400 looms and 50 million meters of processed fabric capacity was one of a kind at the time.
VTXL also expanded its fabric capacity in Baddi by setting up a new plant called MSML Textile Division. Today the weaving capacity has expanded to 180 million meters and processing to 114 million meters per annum
2007
Vardhman Yarns & Threads Ltd. (VYTL) was incorporated as a joint venture with the world’s second largest thread Company, American & Efird (A&E).The entire threads business of VTXL was sold to this Company. The industrial threads business of VTL (based in Baddi) was also demerged into VYTL
VTL was left with only a few investments in its books and was converted into an NBFC named VTL Investments Ltd.
2006
In order to meet the needs of increased demand, Vardhman Yarns was set up in Satlapur, Madhya Pradesh with an installed capacity of 166,000 spindles. Today it is our largest spinning plant with a capacity of 305,376 spindles including 9600 vortex spindles
2004
The textile business of VSGML (yarn, fabric) demerged into MSML with effect from Apr 1, 2004. Subsequently, the name of MSML was changed to Vardhman Textiles Ltd. (VTXL) and VSGML was renamed as Vardhman Holdings Limited
2002
Arisht Spinning Mills, a spinning plant at Baddi was acquired by MSML from Vardhman Polytex Limited, an erstwhile group Company