Vardhman Textiles Limited (VTL) was formerly known as Mahavir SPG. Mills LTD. As per its credit rating reports, the company is a textile company with operations primarily in cotton yarn and fabric. It has 15 manufacturing facilities with a total installed capacity of 1.25 million spindles,1,550 fabric looms, 180 million meters per annum of fabric processing capacity, and 2.2 million pieces of garments. The manufacturing facility is located in Punjab, Madhya Pradesh, and Himachal Pradesh. It is also a manufacturer of piece-dyed fabric and an exporter of cotton yarn. The company is listed on the National Stock Exchange of India Ltd and BSE Ltd. It is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 24001:2022 certified company. It has a presence across 75+ countries. VTL was incorporated in 1973 and has its registered office located in Ludhiana, Punjab.