Vardhman Holdings incorporated in 1962 is part of the Vardhman group. The company is a registered non-banking financial company. It got its current name on March 27 2006. Pursuant to demerger of the textile business in terms of the scheme of arrangement between the Company and Vardhman Textiles (formerly known as Mahavir Spinning Mills) as sanctioned by the Punjab and Haryana High Court on March 4 2005 the company has assets other than that related to the textile business which mainly comprises of Investments. The earnings at present are in the nature of dividends on investments.
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