Vedanta Iron And Steel Ltd (VISL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Vedanta Iron And Steel Ltd on NSE and BSE, with an AI summary of each filing.
Please refer the enclosed intimation under Regulation 30 of LODR.
Others (Uncategorized) · 04 Nov 2026, 11:21 pm
Vedanta Iron and Steel Announces Vesting of Performance-Based Stock Options Vedanta Iron and Steel Limited (VISL) announced the vesting of employee stock options under the pre-demerger ESOS 2016 scheme, effective 4th Nov'26. Out of 1,84,14,252 options granted under the 2023 plan, 55,16,340 options have vested across entities, including 6,33,976 options for VISL and 48,82,364 options for Vedanta Limited and three other resulting companies. Options are exercisable at par value within eight months, entitling eligible employees to equity shares across VISL, VEDL, and the resulting entities under the demerger scheme.
Please refer the enclosed intimation under Regulation 30 of LODR by the Company.
Others (Uncategorized) · 04 Nov 2026, 8:27 pm
Vedanta Iron and Steel Subsidiary ESL Receives MCA Orders Compounding Past Non-Compliance Vedanta Iron and Steel Limited announced that its subsidiary, ESL Steel Limited, received two orders on 3rd Nov'26 from the Regional Director, Eastern Region, Ministry of Corporate Affairs, under Section 441 of the Companies Act, 2013. The orders dispose of compounding applications regarding past non-compliance with Section 134(3)(f) in the subsidiary's Board's Reports for FY'19 and FY'20 upon payment of specified compounding fees. The regulatory authority has officially compounded the offences, resolving the statutory non-compliance matter.
Please refer the enclosed intimation of earnings call transcript of the Company.
Transcript · 31 Oct 2026, 12:21 am
Please refer the enclosed intimation under Regulation 30 of LODR.
Change in Management · 28 Oct 2026, 11:52 pm
Vedanta Iron and Steel CEO Iron Ore Business Anamika Jha Resigns Vedanta Iron and Steel Limited announced that Ms. Anamika Jha has resigned from her role as Chief Executive Officer – Iron Ore Business and Senior Management Personnel of the company due to personal reasons. Her cessation is effective from the close of business hours on 28th Oct'26.
Please refer the enclosed intimation under Regulation 30 of LODR.
Others (Uncategorized) · 28 Oct 2026, 12:28 am
Vedanta Iron and Steel Subsidiary Receives ₹11.77 Crore GST Demand Notice ESL Steel Limited, a subsidiary of Vedanta Iron And Steel Limited, received a Demand-cum-Show Cause Notice on 26th Oct'26 from the Joint Commissioner, GST & Central Excise, Audit Bhubaneswar. The notice proposes a ₹11.77 crore recovery (₹6.99 crore IGST, ₹2.39 crore CGST, and ₹2.39 crore SGST) plus interest and penalties for alleged short payment and irregular ITC availment during FY'23–FY'24 audits. The company is evaluating legal remedies and expects no material impact on its financial or operational performance.
Please refer the enclosed intimation regarding the audio recording of earnings call of Q2 of FY 2027.
Audio / Video · 28 Oct 2026, 12:02 am
Vedanta Iron and Steel Releases Q2 FY27 Earnings Call Audio Recording Vedanta Iron and Steel Limited has made available the audio recording of its earnings conference call for the second quarter and half year ended 30th Sep'26 on its official website. The intimation, dated 27th Oct'26, complies with Regulation 30 and Regulation 46 of SEBI LODR Regulations following the announcement of the company’s unaudited standalone and consolidated financial results for Q2 FY27.
Vedanta Iron and Steel Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 27 Oct 2026, 10:18 pm
Vedanta Iron and Steel Q2 FY27 Financial Results Vedanta Iron and Steel reported consolidated Q2 revenue from operations of ₹2,788 Cr, down 2.4% YoY from ₹2,858 Cr and 23.9% QoQ from ₹3,662 Cr. Consolidated net loss stood at ₹324 Cr versus a net loss of ₹477 Cr in Q2 FY26 and a net profit of ₹121 Cr in Q1 FY27. EBITDA from continuing operations reached ₹83 Cr, supported by Steel (₹73 Cr) and Iron Ore (₹10 Cr). Total expenses fell to ₹3,129 Cr. Exceptional stamp duty charges totaled ₹37 Cr. Basic and diluted EPS was negative ₹0.80.
Please refer the enclosed investor presentation for Q2 of FY 2027.
Investor Presentation · 27 Oct 2026, 10:16 pm
Vedanta Iron & Steel Reports Strong H1FY27 Operating Growth and Margin Expansion Vedanta Iron and Steel Limited reported H1FY27 EBITDA of ₹598 crore, up 54% YoY, with margins expanding 275 bps YoY to 9% on revenue of ₹6,450 crore (+8% YoY). Net loss narrowed substantially to ₹203 crore from ₹622 crore in H1FY26. For Q2FY27, EBITDA surged 56% YoY to ₹83 crore despite revenue slipping 2% YoY to ₹2,788 crore, impacted by planned shutdowns and seasonal mining disruptions. Total steel production reached 1,114 kt (+4% YoY) in H1FY27. CRISIL assigned an AA/Stable rating, with net debt to EBITDA at 1.3x.
Please refer the enclosed intimation of press release of Q2 for FY 2027 of the Company.
Press Release · 27 Oct 2026, 10:13 pm
Vedanta Iron and Steel Limited Reports Q2 and H1 FY27 Financial Results In Q2FY27, Vedanta Iron and Steel Limited posted revenue of ₹2,788 crore, down 2% YoY, while EBITDA rose 56% YoY to ₹83 crore, with margins expanding 112 bps YoY to 3%. Net loss narrowed to ₹324 crore from ₹477 crore in Q2FY26. For H1FY27, revenue climbed 8% YoY to ₹6,450 crore, and EBITDA surged 54% YoY to ₹598 crore, narrowing net loss to ₹203 crore. Net debt stood at ₹2,763 crore with a 1.3x net debt/EBITDA ratio and an AA/Stable CRISIL credit rating.
Please refer the enclosed intimation of financial results of the Company.
Financial Result · 27 Oct 2026, 10:03 pm
Please refer the enclosed intimation for outcome of Board Meeting for second quarter and half year ended September 30, 2026.
Outcome · 27 Oct 2026, 9:58 pm
Vedanta Iron And Steel Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) ■ Revenue: 2,788 (-2.4% YoY | -23.9% QoQ) ■ EBITDA: 48.0 (+37.1% YoY | -90.6% QoQ) ■ EBITDA Margin (%): 1.7 (+50 bps YoY | -1215 bps QoQ) ■ PAT: -311 (+33.1% YoY | Profit to Loss QoQ) ■ EPS (INR): -0.80 (+32.8% YoY | Profit to Loss QoQ) Vedanta Iron And Steel Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Crore) Segmental Performance Iron Ore ■ Revenue: 638 (-11.4% YoY | -47.1% QoQ) ■ EBITDA: 10.0 (-92.1% YoY | -94.7% QoQ) ■ EBITDA Margin (%): 1.6 (-1607 bps YoY | -1412 bps QoQ) Steel ■ Revenue: 2,488 (+17.1% YoY | -12.4% QoQ) ■ EBITDA: 73.0 (Loss to Profit YoY | -78.3% QoQ) ■ EBITDA Margin (%): 2.9 (Loss to Profit YoY | -890 bps QoQ)
Please refer the enclosed intimation of grant under VISL ESOP 2026.
Others (Uncategorized) · 27 Oct 2026, 9:41 pm
Vedanta Iron And Steel Approves Grant of 2.08 Crore ESOPs Vedanta Iron And Steel Limited’s Nomination and Remuneration Committee approved the grant of 2,07,77,868 performance-based stock options under the VISL ESOP 2026 scheme on 27th Oct'26. The grant covers key managerial personnel, senior management, and prospective joiners, with each option convertible into one equity share of ₹1 face value at an exercise price of ₹1 (par value). The options carry a vesting schedule of 36 months from the grant date, contingent on performance conditions, with an exercise window of eight months post-vesting.
VEDANTA IRON AND STEEL LIMITED has informed the Exchange about Board Meeting to be held on 27-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 27 Oct 2026, 5:30 am
Please refer the enclosed intimation of Earnings call on financials results of second quarter and half year ended September 30, 2026.
Intimation · 27 Oct 2026, 5:00 pm
Vedanta Iron and Steel Board Meeting and Q2 Earnings Call on 27th Oct'26 Vedanta Iron and Steel Limited has scheduled its Board of Directors meeting on 27th Oct'26 to consider and approve the unaudited financial results for Q2 and H1 ended 30th Sep'26. Following the board meeting, the company will host an earnings conference call on the same day from 5:00 PM to 5:30 PM IST. The trading window for all designated persons remains closed from 1st Oct'26 to 29th Oct'26 (both days inclusive).
Please refer the enclosed intimation
Intimation · 27 Oct 2026, 5:30 am
Vedanta Iron And Steel Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve Unaudited financial ....
Intimation · 27 Oct 2026, 5:30 am
Vedanta Iron and Steel Board Meeting and Earnings Call Scheduled Vedanta Iron and Steel Limited announced that its Board of Directors will meet on 27th Oct'26 to consider and approve the unaudited financial results for Q2 and H1 ended 30th Sep'26. The insider trading window remains closed from 1st Oct'26 to 29th Oct'26. The company will host an earnings conference call on 27th Oct'26 from 5:00 PM to 5:30 PM IST to discuss performance, with the call recording accessible on its website starting 28th Oct'26.
Vedanta Iron and Steel Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Intimation · 27 Oct 2026, 5:30 am
To Consider the Unaudited Financial Results of the Company for the second quarter and half year ended September 30, 2026
Intimation · 27 Oct 2026, 5:30 am
Please refer the enclosed intimation under Regulation 30 of LODR.
Others (Uncategorized) · 15 Oct 2026, 7:21 pm
Vedanta Iron and Steel Subsidiary Receives GST Demand-cum-Show Cause Notice Vedanta Iron And Steel Limited’s subsidiary, ESL Steel Limited, received a Demand-cum-Show Cause Notice on 14th Oct'26 from the GST authority in Rourkela. The notice proposes recovery of ₹2,76,135.61 in IGST for FY 2022-23 regarding alleged short payments under Reverse Charge Mechanism arising from GSTR-3B and GSTR-2B discrepancies, plus interest and penalties. ESL is evaluating legal steps to reply within prescribed timelines. The company expects no material financial or operational impact.
Please refer the enclosed intimation under regulation 30 of LODR.
Others (Uncategorized) · 15 Oct 2026, 7:16 pm
Vedanta Iron and Steel Subsidiary Receives GST Demand Notice of ₹7.77 Lakh ESL Steel Limited, a subsidiary of Vedanta Iron And Steel Limited, received a Demand-cum-Show Cause Notice on 14th Oct'26 from the GST Authority, Rourkela. The notice proposes a recovery of GST amounting to ₹7,77,094 (CGST ₹3,88,547 and SGST ₹3,88,547) plus applicable interest and penalty for alleged short payment under Reverse Charge Mechanism on DMF and NMET contributions for FY 2022-23. ESL is evaluating legal remedies, and the company confirmed no significant operational or financial impact is envisaged.
Please refer the enclosed production release by the Company for second quarter of FY 2027.
Others (Uncategorized) · 03 Oct 2026, 11:47 pm
Vedanta Iron and Steel Reports Mixed Q2'27 Production Performance Vedanta Iron and Steel released its Q2'27 operational performance ending 30th Sep'26, showing steel saleable production up 4% YoY to 532k tonnes and hot metal output up 3% YoY to 552k tonnes, though both fell 9% and 8% QoQ due to scheduled furnace maintenance. Conversely, iron ore saleable production dropped 13% YoY and 43% QoQ to 1.52 Mn DMT, weighed down by Karnataka mining declines (-49% YoY), which offset operational gains in Odisha (+34% YoY) and Goa (+22% YoY).
Please refer the enclosed intimation under Regulation 30 of LODR.
Others (Uncategorized) · 01 Oct 2026, 11:50 pm
Vedanta Iron and Steel Subsidiary ESL Exempted From Penalty in Adjudication Order Vedanta Iron and Steel Limited announced that its subsidiary, ESL Steel Limited (ESL), received an Adjudication Order dated 28th Aug'26 regarding disclosure non-compliances under Section 197(15) of the Companies Act for FY16 to FY18 under erstwhile management. Pursuant to Section 32A of the Insolvency and Bankruptcy Code, 2016, ESL has been fully exempted from any monetary penalty, concluding the adjudication proceedings. However, ex-directors and ex-key managerial personnel have accepted individual penalties and undertaken to remit them as directed by the Adjudicating Officer.
Please refer the enclosed intimation under Regulation 30 of LODR.
Others (Uncategorized) · 26 Sept 2026, 3:59 pm
Vedanta Iron And Steel Subsidiary Receives Regulatory Surcharge Order Vedanta Iron And Steel Limited announced that its step-down subsidiary, Sesa Mining Corporation Limited (SMCL), received an order on 25th Sep'26 from the Regional Provident Fund Commissioner, Goa. The order levies a surcharge of ₹2,40,284 for FY'23–24 due to alleged deviations from notified investment patterns under the Code of Social Security 2020. SMCL is evaluating legal remedies to challenge the order. The company stated that the order has no material impact on its business or operations.
Please refer the enclosed clarification issued by the Company.
Others (Uncategorized) · 24 Sept 2026, 10:18 pm
Vedanta Iron And Steel Clarifies ESOP 2026 Terms Following IiAS Advisory Recommendations Vedanta Iron And Steel Limited clarified on 24th Sep'26 that its VISL ESOP 2026 is 100% performance-linked with zero guaranteed or time-based vesting. Vesting is evaluated over a minimum 3-year period, capped at 100% of an employee's annual fixed pay, with threshold vesting set at 50% and capped at 100% for outperformance. Extending the scheme to holding, subsidiary, and associate employees involves direct cost cross-charging to respective entities. Implementing via secondary market trust acquisitions prevents incremental equity dilution. The company also confirmed its share face value is Re. 1.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for GLAS Agency (Hong Kong) Ltd
Acquisition/ Disposal of Shares · 19 Sept 2026, 8:36 pm
GLAS Discloses Encumbrance on 56.38% Stake in Vedanta Iron and Steel GLAS Agency (Hong Kong) disclosed an encumbrance over 2,204,724,753 shares (56.38% stake) in Vedanta Iron And Steel Limited as trustee for bondholders following Vedanta Resources Finance II PLC's tap bond issuances on 16th Sep'26. The issuances include US$125mn 7.000% bonds due 2032, US$50mn 7.375% bonds due 2034, and US$225mn 7.750% bonds due 2037. The encumbrance arises from contractual covenants requiring Vedanta Resources to maintain at least 50.1% control and restricting share transfers, with no physical share pledge created.