Vardhman Special Steels Limited
All news and filings related to Vardhman Special Steels Limited.
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Vardhman Special Steels Ltd: Dematerialisation of 1,305 Equity Shares in Jan 2026
Vardhman Special Steels Limited reports the dematerialisation of 1,305 equity shares in January 2026. This compliance filing under SEBI regulations confirms the conversion of physical shares to electronic form. The process involved 1,281 shares via NSDL and 24 shares via CDSL, with share certificates being cancelled and replaced.
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Vardhman Special Steels: Monitoring Agency Report for Q3 FY26 Issued
Vardhman Special Steels Limited's Monitoring Agency Report for Q3 FY26 shows an issue size of ₹3,849,088,060. During the quarter, ₹1,500,000,000 was used for working capital repayment and ₹191,475,055 for existing plant capex. Unutilized funds of ₹2,157,613,005 are invested in various instruments.
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Vardhman Special Steels Q3 FY26 Call Transcript Released
Vardhman Special Steels released its Q3 FY26 earnings call transcript. The company announced a new forging project with a ₹475 crore investment, targeting July 2028 commissioning. The Greenfield steel plant is on track for July 2029. Q3 FY26 sales were ₹430 crore, with EBITDA at ₹56 crore. Nine-month PAT reached a record ₹88 crore.
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Vardhman Special Steels Q3 FY26 Concall Audio Recording Link Released
Vardhman Special Steels Limited released the audio recording link for its Q3 and 9M FY26 financial results conference call held on January 21, 2026. The call focused on the company's operational and financial performance.
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Vardhman Special Steels Publishes Q3 FY26 Financial Results
Vardhman Special Steels reported Q3 FY26 results. Total income from operations was ₹44,371.90 lakhs for the quarter and ₹182,840.70 lakhs for nine months. Net profit after tax was ₹4,479.14 lakhs (quarter) and ₹11,806.19 lakhs (nine months).
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Vardhman Special Steels Q3 FY26: PAT Jumps 56.53% to ₹33.59 Crore; Approves ₹475 Cr Forging Facility
Vardhman Special Steels reported a 56.53% YoY increase in Q3 FY26 PAT to ₹33.59 crore on revenues of ₹430.54 crore. The company approved a ₹475 crore investment for a new steel forging and machining facility in Ludhiana. A steel recycling initiative with Maruti Suzuki was launched, and a new reheating furnace is expected by March 2026.
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Vardhman Special Steels Q3 FY26 PAT Jumps 56.5% to ₹33.59 Crore
Vardhman Special Steels reported a 56.53% YoY increase in Q3 FY26 PAT to ₹33.59 crore on revenue of ₹430.54 crore. For 9M FY26, PAT grew 20.02% to ₹88.04 crore on revenue of ₹1,296.52 crore. The company approved a ₹475 crore investment for a steel forging and machining facility. A steel recycling initiative with Maruti Suzuki was launched.
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Vardhman Special Steels Q3FY26 Profit After Tax at ₹33.59 Crore
Vardhman Special Steels reported Q3FY26 PAT of ₹33.59 crore, up from ₹21.46 crore in Q3FY25. Nine-month PAT rose to ₹88.04 crore from ₹73.36 crore year-on-year. Total income for Q3FY26 was ₹443.72 crore. The company issued 58,500 equity shares under its ESOP scheme.
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Vardhman Special Steels to Hold Earnings Call on Jan 21 for Q3 & 9M FY26 Results
Vardhman Special Steels Limited will conduct an Earnings Conference Call on January 21, 2026, at 2:00 PM IST. The call will focus on discussing the company's Q3 and 9M FY26 operational and financial performance. Key management members will be present.
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Vardhman Special Steels Ltd. Submits SEBI Compliance Certificate for Q3 FY26
Vardhman Special Steels Limited submitted a regulatory compliance certificate for the quarter ending December 31, 2025. The certificate from the Registrar and Share Transfer Agent confirms processing of physical shares for dematerialization, including verification, cancellation, and updating of records.
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Vardhman Special Steels Limited Dematerializes 393 Equity Shares in December 2025
Vardhman Special Steels Limited reports the dematerialization of 393 equity shares in December 2025. This process involved cancelling old share certificates and updating company records with the Depository as the registered owner.
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Vardhman Special Steels Allots 1,23,750 Equity Shares Under ESOP Plans
Vardhman Special Steels Limited allotted 1,23,750 equity shares under its ESOP Plans 2016 and 2020. This includes 61,875 bonus shares in a 1:1 ratio. The allotment was approved by the Committee of Directors on January 8, 2026.
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Vardhman Special Steels: Trading Window Closed Jan 1, 2026 for Q3 Results
Vardhman Special Steels Limited will close its trading window from January 1, 2026, 9:00 a.m. The window will reopen 48 hours after the announcement of un-audited financial results for the quarter and nine-months ended December 31, 2025.
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Vardhman Special Steels: Special Window for Re-lodging Physical Share Transfers Open Until Jan 6, 2026
Vardhman Special Steels Limited has opened a special window for re-lodging physical share transfer requests. This opportunity is for shares lodged before April 1, 2019, but rejected due to deficiencies. The window is open until January 6, 2026. Shareholders must submit requests with required documents to Alankit Assignments Limited in New Delhi.
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Vardhman Special Steels to Invest ₹2,475 Crore in New Forging Facility in Punjab
Vardhman Special Steels Limited will invest ₹2,475 crore to set up a new steel forging and machining facility in Ludhiana, Punjab. This expansion, in partnership with Aichi Steel Corporation, aims to enhance value-added automotive component offerings and strengthen the company's position in the automotive supply chain.
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Vardhman Special Steels Approves ₹475 Crore Forging Unit in Punjab
Vardhman Special Steels' Board approved setting up a new forging unit in Punjab for the automotive industry. The estimated investment for this forward integration project is ₹475 crores, aiming to provide a one-stop solution for OEMs.
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Vardhman Special Steels fined ₹11.56 lac by GST authorities
Vardhman Special Steels Limited has been penalized ₹11.56 lac by GST authorities due to an e-way bill discrepancy. The company received the order on December 15, 2025, and is filing an appeal. VSSL states this penalty will not materially affect its operations or finances.
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Vardhman Special Steels Ltd. Shareholders Approve Director Appointments and ESOP Plan
Shareholders of Vardhman Special Steels Limited approved the appointment of Mr. Dinkar Gupta and Mr. Nishant Arya as Independent Directors. The company's Employee Stock Option Plan 2025 was also approved. The postal ballot results, deemed passed on December 10, 2025, showed overwhelming support for all three resolutions.
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Vardhman Special Steels Appoints Two Independent Directors, Approves ESOP Plan
Vardhman Special Steels Limited members approved the appointment of Mr. Dinkar Gupta and Mr. Nishant Arya as Independent Directors for five-year terms, effective September 25, 2025. The company's Employee Stock Option Plan 205 was also approved.
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Intimation of Dematerialization of Shares for November 2025
Vardhman Special Steels Limited announced the dematerialization of 173 equity shares in November 2025, following SEBI regulations and updating company records accordingly.
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VSSL Announces Analyst/Investor Meet Outcome
Vardhman Special Steels Ltd. held a physical meeting with Valcore Capital Advisors on November 27, 2025, in Ludhiana, where they discussed publicly available information and visited the plant.
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Resignation of Head - Research & Development at Vardhman Special Steels
Dinesh Singh, Head - Research & Development Department, has resigned from Vardhman Special Steels Limited, effective close of business hours on 25 November 2025, citing professional growth.
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Vardhman Special Steels Limited announces Analysts/Investors Meet on 27 Nov 2025
Vardhman Special Steels Limited will have group meetings with Investors/Analysts on 27 November 2025 at Ludhiana. The investors/analysts include Valcore Capital Advisors and Sagun Capital.
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VSSL Announces Postal Ballot Notice Publication
Vardhman Special Steels Limited (VSSL) announced the publication of its Postal Ballot Notice in "Business Standard" and "Desh Sewak" on November 11, 2025, with e-voting commencing the same day.
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Vardhman Special Steels announces Postal Ballot for Independent Directors and ESOP 2025 approval
Vardhman Special Steels initiates a postal ballot for shareholders to approve the appointment of two independent directors and the ESOP 2025, with e-voting from November 11 to December 10, 2025.
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Intimation of Dematerialization of Shares for October 2025
VSSL informs about the dematerialization of 696 equity shares in October 2025, following SEBI regulations.
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VSSL Q2 FY26 Earnings: PAT up 32%, strategic CAPEX, Aichi partnership, and new projects drive growth
VSSL reported a 32% PAT increase in Q2 FY26, driven by reduced finance costs. Key updates include Aichi partnership renewal, strategic CAPEX on new furnaces and NDT line, and new circular economy initiatives.
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Submission of Monitoring Agency Report for Quarter Ended 30 September 2025
VSSL submits Monitoring Agency Report by CRISIL for quarter ended September 30, 2025, regarding utilization of funds raised via Preferential Issue, as per SEBI regulations.
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Vardhman Special Steels Releases Audio Recording of Q2 & H1 FY26 Earnings Concall
Vardhman Special Steels released the audio recording of its Q2 & H1 FY26 earnings concall held on 03rd November, 2025, discussing financial performance.
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Vardhman Special Steels increases investment in Sone Solar Private Limited
Vardhman Special Steels made a further investment of ₹1.13 crore in Sone Solar Private Limited, bringing its total aggregate investment to ₹12.45 crore, while maintaining a 26% equity shareholding.
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Vardhman Special Steels Announces Q2 & H1 FY26 Results; Repays Debt
Vardhman Special Steels announced Q2 & H1 FY26 results with revenue of ₹432.27 crore and ₹865.97 crore respectively. The company became debt-free after repaying borrowings and is expanding production capacity.
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Vardhman Special Steels Reports 33.8% Y-o-Y Net Profit Growth for Q2 FY26
Vardhman Special Steels Limited reported a significant increase in net profit to ₹34.56 crore for Q2 FY26, up from ₹25.82 crore last year, despite a 12% dip in total income.
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Vardhman Special Steels Announces H1 FY26 Results
Vardhman Special Steels announced its H1 FY26 results with revenue of ₹865.97 crore and PAT of ₹54.46 crore. The company has become debt-free and is expanding its production capabilities.
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Vardhman Special Steels Reschedules Q2 & H1 FY26 Earnings Conference Call to November 3, 2025
Vardhman Special Steels rescheduled its Q2 & H1 FY26 earnings conference call to Monday, November 3, 2025, at 2:00 PM IST, to discuss financial performance and outlook.
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VSSL Board approves Employee Stock Option Plan 2025, subject to shareholder approval
VSSL's board approved the 'Vardhman Special Steels Limited Employee Stock Option Plan 2025' for eligible employees, pending shareholder approval. The Nomination and Remuneration Committee will oversee implementation.
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VSSL Reports Q2/H1 FY26 Unaudited Results, Approves Preferential Allotment & Dividend
Vardhman Special Steels Ltd. reported Q2/H1 FY26 unaudited results with increased quarterly PAT. Key events include a ₹38,490.88 lakh preferential allotment to Aichi Steel and a ₹3 per share dividend.
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Vardhman Special Steels Announces Q2 & H1 FY26 Earnings Conference Call
Vardhman Special Steels Limited is organizing an earnings conference call on October 29, 2025, at 2:00 PM IST to discuss the financial performance for Q2 & H1 FY26.
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VSSL Announces Special Window for Re-lodgement of Physical Share Transfer Requests
Vardhman Special Steels opens a special window from July 7, 2025 to January 6, 2026, for re-lodgement of physical share transfer requests that were rejected due to deficiencies, as per SEBI regulations.
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Vardhman Special Steels announces dematerialization of 67 equity shares in September 2025
Vardhman Special Steels reported the dematerialization of 67 equity shares in September 2025, a routine compliance under SEBI (Depositories and Participants) Regulations.
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Vardhman Special Steels Allots 58,500 Equity Shares Including Bonus Shares Under ESOP Plans
Vardhman Special Steels allotted 58,500 equity shares, including 29,250 bonus shares (1:1), to employees under its 2016 and 2020 ESOP plans on October 6, 2025.
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VSSL: Outcome of 15th Annual General Meeting held on 24th September, 2025
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Vardhman Special Steels re-designates Sachit Jain as Chairman & Managing Director
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VSSL Appoints Dinkar Gupta and Nishant Arya as Independent Directors
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VSSL: Summary of Proceedings of 15th Annual General Meeting
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VSSL held meeting with Dalton Investments
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VSSL: Dematerialization of 329 Equity Shares in August 2025
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VSSL Announces AGM Date, Record Date, E-Voting Details & Dividend Information
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Vardhman Special Steels to hold 15th AGM on September 24, 2025
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VSSL Announces 'Saksham Niveshak' Campaign for KYC & Unclaimed Dividends
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Vardhman Special Steels Clarifies Identical Standalone and Consolidated Financial Results
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