Vardhman Acrylics Limited has informed the Exchange,the board of directors of Vardhman Acrylics Limited (??Company??), at its meeting held on August 9, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited (??Transferor Company 1??), VTL Investments Limited (??Transferor Company 2??), Vardhman Nisshinbo Garments Company Limited (??Transferor Company 3??), the Company (collectively referred to as the, ??Transferor Companies??), and Vardhman Textiles Limited (??Transferee Company??) and their respective shareholders and creditors, in relation to the merger of the Transferor Companies, including the Company, with and into the Transferee Company (??Scheme??).The Scheme is subject to the necessary approvals from the board of directors of the Transferee Company, the shareholders and creditors of the Transferor Companies and the Transferee Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench (??NCLT??) and approvals from the BSE Limited, the National Stock Exchange of India Limited and the SEBI in accordance with the Listing Regulations and SEBI circular number CFD/DIL3/CIR/2017/21 dated March 10, 2017, read with the SEBI circular number CFD/DIL3/CIR/2017/26 dated March 23, 2017, the SEBI circular number CFD/DIL3/CIR/2017/105 dated September 21, 2017 and the SEBI circular number CFD/DIL3/CIR/2018/2 dated January 3, 2018. Pursuant to Regulation 30 of the Listing Regulations, we are pleased to inform you that the board of directors of Vardhman Textiles Limited ('Company'), at its meeting held on August 13, 2019, considered and approved the scheme of arrangement amongst VMT Spinning Company Limited, VTL Investments Limited, Vardhman Nisshinbo Garments Company Limited, Vardhman Acrylics Limited ('Transferor Companies'), and the Company, and their respective shareholders and creditors, in relation to the merger of the Transferor Companies with and into the Company ('Scheme'). The Scheme is subject to the necessary approvals from the shareholders and creditors of the Transferor Companies and the Company and other statutory and regulatory approvals under applicable laws, including the approval from the National Company Law Tribunal, Chandigarh Bench ('NCLT') and approvals from the Stock Exchanges and the SEBI in accordance with the Listing Regulations and SEBI circulars. (As Per BSE Announcement Dated 14.08.2019) Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has decided to withdraw the Scheme of Arrangement filed with the Stock Exchanges. (As Per BSE Announcement Dated on 13.12.2019)