VTM Limited to invest Rs 50 crores in Tamil Nadu textile sector

VTM Limited is set to invest Rs 50 crores over two years for the manufacture of Cotton Grey Fabric and Home Textiles Products in Madurai and Virudhunagar Districts, Tamil Nadu. This move follows the signing of a non-binding Memorandum of Understanding (MOU) with the Government of Tamil Nadu on December 07, 2025.

The investment is projected to create approximately 40 direct jobs and 10 indirect jobs, contributing to local employment and economic development. The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's corporate relationship department communicated this development to the Bombay Stock Exchange Limited for their information. The announcement was dated December 08, 2025.