Vardhman Special Steels Ltd

Director resignation

• Koichiro Hayashida resigns as Director effective 15 Oct 2026; seven-year tenure; due to appointment as President, Forging Division.

Vardhman Special Steels Ltd — Closure of Trading Window

AGM Details

• Date: 18-09-2026; Hybrid meeting with VC; 10:00–10:33 AM; record date 11-09-2026.

Resolutions & outcomes

• Adopt audited financial statements and reports — Passed.
• Declare dividend — Passed.
• Re-appoint director by rotation — Passed.
• Appoint director by rotation — Passed.
• Approve continuation of Executive Director's term beyond age 70 — Passed (Special).
• Revise remuneration payable to Cost Auditors for the year — Passed (Special).
• Ratify remuneration payable to Cost Auditors for the year — Passed.

AGM Details

• AGM held on 18 September 2026; voting via remote e-voting and electronic voting at AGM.
• Cut-off date: 11 September 2026; remote e-voting 15-17 September 2026.

Key Resolutions & Voting

• Resolution 1 (Ordinary): Adopt audited financial statements; Passed with requisite majority.
• Resolution 2 (Ordinary): Declare dividend; Passed.
• Resolution 3 (Ordinary): Re-appoint Rewari by rotation; Passed.
• Resolution 4 (Ordinary): Re-appoint Ito by rotation; Passed.
• Resolution 5 (Special): Revise remuneration of Executive Director; Passed.
• Resolution 6 (Ordinary): Ratify cost auditor remuneration; Passed.
• Resolution 7 (Special): Continue ED term beyond age 70; Passed.
• Overall: All resolutions passed with strong approval.

Dividend

• Dividend proposed and approved; amount per share not disclosed.

Director Changes

• Rewari's term as Executive Director extended beyond age 70.
• Ito re-appointed by rotation as director.

Auditors & Related Parties

• Cost Auditor remuneration ratified for FY2027.
• No material related-party transactions disclosed.

Other Material Approvals

• Special resolution for continuation of ED term beyond age 70.

AGM Details

• AGM held on 18 September 2026 via VC/OAVM, 10:00 to 10:33 a.m.
• e-Voting window: 15–17 September 2026, via CDSL.
• Venue voting available for members not voting remotely.

Ordinary Business

• Receive, consider, and adopt Audited Financial Statements for year ended 31 March 2026.
• Declare dividend of Rs 3.5 per equity share.
• Appoint Rajendar Kumar Rewari as Director, reappointment after rotation.
• Appoint Toshio Ito as Director, reappointment after rotation.

Special Business

• Revise remuneration payable to Mrs. Soumya Jain, Executive Director.
• Ratify remuneration payable to Cost Auditors for FY ending 31 March 2027.
• Continue Rajendar Kumar Rewari as Executive Director beyond age 70.

Voting / Results

• e-Voting results to be disseminated to stock exchanges and company website within 2 working days.
• Venue voting available for members not casting remote votes.

Meeting Details

• Event: Analyst/Investor Meet for Vardhman Special Steels Limited.
• Category: Company Update; Subcategory: Analyst / Investor Meet.
• Purpose: investor interaction with company management.

Dematerialisation of shares (August 2026)

• 451 equity shares dematerialised in August 2026; certificates cancelled; depository registered as owner.
• NSDL records: 438 shares dematerialised; dates 06/08/2026 and 17/08/2026.
• CDSL records: 13 shares dematerialised; dates 05/08/2026 and 11/08/2026.

AGM notice and AR access

• 16th AGM scheduled for 18 Sep 2026 at 10:00 IST via VC/OAVM.
• Notice and Annual Report for FY 2025-26 accessible online; emailed to registered members.
• For unregistered emails, notice and AR available via weblink and QR code.
• KYC update and dematerialisation of physical securities requested per SEBI circular.
• SEBI circular mandates PAN, address, mobile, bank details, signature, and nomination data.
• From Apr 1, 2024, unresolved KYC leads to electronic dividend payments.
• Unpaid dividend, if any, will be kept in Unpaid Dividend Account until details are updated.