Vardhman Special Steels Ltd (VSSL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Vardhman Special Steels Ltd on NSE and BSE, with an AI summary of each filing.
Please find enclosed herewith transcript of the Earnings Conference Call of the Company held on 28.10.2026.
Transcript · 02 Nov 2026, 8:10 pm
Please find enclosed herewith Monitoring Agency Report for the quarter ended 30th September, 2026.
Others (Uncategorized) · 30 Oct 2026, 6:02 pm
Vardhman Special Steels Releases Q2 FY27 Preferential Issue Monitoring Report CRISIL Ratings reported zero deviations in Vardhman Special Steels Limited's preferential issue proceeds utilization for the quarter ended 30th Sep'26. Out of Rs 3,849.09 mn raised in Jul'25, cumulative utilization reached Rs 2,275.55 mn, including Rs 1,500.00 mn for working capital debt repayment and Rs 775.55 mn for existing plant capex (Rs 295.25 mn deployed during the quarter). The remaining unutilized Rs 1,573.53 mn, designated primarily for greenfield plant capex at Ludhiana, is deployed across mutual fund savings and money market instruments with a market value of Rs 1,660.39 mn.
Please find enclosed herewith link of Audio Recording of the Earnings Call of the Company held today.
Audio / Video · 28 Oct 2026, 8:30 pm
Vardhman Special Steels Releases Q2 FY27 Earnings Call Audio Recording Link Vardhman Special Steels Limited has submitted an exchange disclosure under Regulation 30 of SEBI LODR Regulations regarding its Q2 FY27 earnings conference call conducted on 28th Oct'26 at 11:30 AM. The company has made the direct web link for the audio recording accessible to investors and analysts to review management commentary on its Q2 FY27 business and financial performance.
Please find enclosed herewith a copy of Investor Presentation.
Investor Presentation · 27 Oct 2026, 11:29 pm
Vardhman Special Steels Delivers Robust Q2 FY27 Earnings and Expands Forging Integration Vardhman Special Steels reported strong Q2 FY27 performance, with revenue from operations rising 38.81% YoY to ₹600.05 crore and sales volumes reaching 70,440 tonnes. EBITDA grew 48.48% YoY to ₹83.86 crore, while PAT jumped 51.88% YoY to ₹52.49 crore, supported by lower-cost inventory, operating leverage, and capex benefits. For H1 FY27, revenue rose 25.41% YoY to ₹1,086.06 crore and PAT grew 72.02% YoY to ₹93.68 crore. Key growth drivers include its upcoming Ludhiana forging facility with Aichi Steel and long-term diversification into non-automotive segments.
Please find enclosed herewith Media Release for the Q2 & FY 27 results.
Press Release · 27 Oct 2026, 11:25 pm
Vardhman Special Steels Reports Strong Q2 FY27 With PAT Up 51.9% YoY Vardhman Special Steels delivered robust Q2 FY27 results, with revenue rising 38.81% YoY to Rs. 600.05 crore, driven by a 27.13% volume growth to 70,601 tonnes and improved realizations. EBITDA surged 48.48% YoY to Rs. 83.86 crore, aided by operating leverage, lower-cost inventory, and capex efficiencies from the Kocks Block and reheating furnace. EBITDA per ton on rolled sales stood at Rs. 11,346. PAT grew 51.88% YoY to Rs. 52.49 crore. Additionally, the company laid the foundation for its collaborative forging facility with Aichi Steel.
Please find attached herewith intimation regarding appointment of Mr. Iwao Shimamoto as Non-Executive Non-Independent Director on the Board of the Company w.e.f. 27th October, 2026.
Change in Management · 27 Oct 2026, 6:36 pm
Vardhman Special Steels Appoints Iwao Shimamoto as Non-Executive Non-Independent Director Vardhman Special Steels Limited approved the appointment of Mr. Iwao Shimamoto as a Non-Executive Non-Independent Director, effective 27th Oct'26, subject to shareholder approval. The appointment is pursuant to the Share Subscription and Investment Agreement executed with Aichi Steel Corporation (ASC) on 29th May'25. Mr. Shimamoto currently serves as Management Executive and President of the Forging Company at ASC, bringing extensive global automotive and procurement experience across Toyota Motor Corporation and ASC operations in Japan, North America, and China.
Please find enclosed herewith Un-Audited financial results for the quarter/ half year ended 30.09.2026.
Outcome · 27 Oct 2026, 6:30 pm
Vardhman Special Steels Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 27 Oct 2026, 6:26 pm
Vardhman Special Steels Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakh) ■ Revenue: 60,005 (+38.8% YoY | +23.5% QoQ) ■ EBITDA: 6,912 (+52.7% YoY | +18.3% QoQ) ■ EBITDA Margin (%): 11.5 (+105 bps YoY | -50 bps QoQ) ■ PAT: 5,249 (+51.9% YoY | +27.5% QoQ) ■ EPS (INR): 5.42 (+50.6% YoY | +27.5% QoQ)
Please find enclosed herewith Un-Audited financial results for the quarter/ half year ended 30.09.2026.
Financial Result · 27 Oct 2026, 6:26 pm
Please find enclosed herewith revised notice of the Earnings Conference Call of the Company scheduled to be held on 28.10.2026 at 11:30 a.m.
Intimation · 26 Oct 2026, 4:38 pm
Vardhman Special Steels Reschedules Q2FY27 Earnings Conference Call to 28th Oct'26 Vardhman Special Steels Limited has rescheduled its Q2FY27 earnings conference call to Wednesday, 28th Oct'26, at 11:30 AM IST, advancing it from the earlier announced time of 12:00 PM. Organized by IIFL Capital, the call will review the company's operational and financial performance post-results declaration, followed by a Q&A session. Key management participants include Chairman and Managing Director Sachit Jain, Chief Financial Officer Sanjeev Singla, and Executive Director R. K. Rewari.
Please find enclosed herewith intimation regarding Earnings Conference Call of the Company scheduled to be held on 28.10.2026 at 12:00 p.m.
Intimation · 28 Oct 2026, 12:00 pm
Vardhman Special Steels Schedules Q2 FY27 Earnings Call on 28th Oct'26 Vardhman Special Steels Limited will host an earnings conference call organized by IIFL Capital on 28th Oct'26 at 12:00 PM IST to discuss its Q2 FY27 operational and financial performance. The call will feature top management, including Chairman and Managing Director Sachit Jain, Chief Financial Officer Sanjeev Singla, and Executive Director R. K. Rewari, followed by an interactive Q&A session. Key discussion points will center around the newly declared quarterly earnings and business outlook.
VARDHMAN SPECIAL STEELS 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 Half Yearly ended September 2026 .
Intimation · 27 Oct 2026, 5:30 am
Vardhman Special Steels 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 the Un-Audited Financial ....
Intimation · 27 Oct 2026, 5:30 am
Vardhman Special Steels Board Meeting Scheduled for 27th Oct'26 Vardhman Special Steels Limited has scheduled a Board of Directors meeting on 27th Oct'26. The board will inter alia consider and approve the un-audited financial results for the quarter and half-year ended 30th Sep'26.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 27 Oct 2026, 5:30 am
Please find enclosed herewith Demat Report for the month ended September, 2026.
Others (Uncategorized) · 05 Oct 2026, 10:53 pm
Vardhman Special Steels Reports Share Dematerialization for Sep'26 Vardhman Special Steels Limited confirmed the dematerialization of 656 equity shares during Sep'26 pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The total comprises 344 shares processed via NSDL across four tranches dated 3rd Sep'26 and 14th Sep'26, alongside 312 shares processed via CDSL on 4th Sep'26. Following verification, the physical share certificates were cancelled and substituted with the depositories' names as registered owners in company records.
Please find enclosed herewith intimation regarding allotment of shares under Vardhman Special Steels Limited Employee Stock Option Plans.
Others (Uncategorized) · 05 Oct 2026, 4:38 pm
Vardhman Special Steels Allots 77,250 Equity Shares Under ESOP Schemes Vardhman Special Steels Limited's Committee of Directors approved the allotment of 77,250 equity shares (face value Rs. 10 each) on 5th Oct'26 following the exercise of stock options under its ESOP 2016 and ESOP 2020 plans. The total allotment includes 26,750 bonus shares issued against 26,750 ESOP shares in a 1:1 ratio. The newly allotted equity shares rank pari passu with the company's existing equity shares in all respects.
Please find enclosed intimation regarding appointment of Mr. Koichiro Hayashida as the Senior Management Personnel of the Company, designated as the President (Forging Division) w.e.f. ....
Change in Management · 30 Sept 2026, 11:21 pm
Vardhman Special Steels Appoints Koichiro Hayashida as President of Forging Division Vardhman Special Steels Limited appointed Mr. Koichiro Hayashida as Senior Management Personnel, designated as President (Forging Division), effective 1st Oct'26 on a full-time employment basis. Consequently, Mr. Hayashida resigned from his role as Non-Executive Non-Independent Director effective 1st Oct'26. Aged 58, he brings deep expertise in steelmaking technology and quality control, having previously served as Executive Officer of Hagane Company (Specialty Steel), General Manager of its Specialty Steel Business Management Division, and President of Aichi Forge, Thailand (2021–2024).
Please find enclosed herewith intimation regarding cessation of Mr. Koichiro Hayashida as Non - Executive Director of the Company w.e.f. 1st October, 2026.
Change in Management · 30 Sept 2026, 11:13 pm
Vardhman Special Steels Appoints Koichiro Hayashida as President of Forging Division Vardhman Special Steels Limited announced that Mr. Koichiro Hayashida has resigned from his role as Non-Executive Non-Independent Director to take on a full-time executive role as Senior Management Personnel, designated as President (Forging Division), effective 1st Oct'26. Mr. Hayashida previously served as an Executive Officer of Hagane Company (Specialty Steel), General Manager of its Specialty Steel Business Management Division, and President of Aichi Forge, Thailand, bringing significant expertise in steelmaking technology and quality control to the division.
Please find enclosed herewith Voting Results in respect of 16th AGM of the Company.
Annual General Meeting · 18 Sept 2026, 11:41 pm
Please find enclosed herewith Scrutinizer''s Report in respect of 16th AGM of the Company.
Annual General Meeting · 18 Sept 2026, 11:35 pm
Please find enclosed herewith Summary of Proceedings of 16th Annual General Meeting of the Company.
Annual General Meeting · 18 Sept 2026, 6:25 pm
Please find enclosed herewith intimation regarding outcome of analysts/ investors meet.
Others (Uncategorized) · 09 Sept 2026, 10:47 pm
Vardhman Special Steels Concludes Institutional Investor Meetings and Plant Visit Vardhman Special Steels Limited's senior management conducted physical meetings with institutional investors on 9th Sep'26 in Ludhiana, Punjab, followed by a plant visit. Participating entities included BTH Capital, Boring AMC, C.P. Madhwani, ICICI Securities PMS, Latent Advisors, and Whimsical Capital. The company confirmed that discussions were restricted to publicly available information, and no unpublished price-sensitive information was shared during the interactions.
Please find enclosed herewith Demat Report for the month ended August, 2026.
Others (Uncategorized) · 09 Sept 2026, 4:28 pm
Vardhman Special Steels Reports Share Dematerialization for August'26 Pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, Vardhman Special Steels confirmed the dematerialization of 451 equity shares during Aug'26. The processed shares comprise 438 shares via NSDL and 13 shares via CDSL across multiple transactions dated between 5th Aug'26 and 17th Aug'26. Following verification and dematerialization, the corresponding physical share certificates were cancelled, and the respective depositories were substituted as the registered owners in the company's records.
Please find enclosed herewith intimation regarding schedule of Analyst/ Investor Meet.
Intimation · 04 Sept 2026, 9:16 pm
Vardhman Special Steels Schedules Analyst Meet and Plant Visit Vardhman Special Steels Limited has scheduled a group meeting with institutional investors and analysts on 9th Sep'26 at Ludhiana, which will be followed by a plant visit. Participating entities include Latent Advisors PMS, BTH Capital, Boring AMC, Chitra Madhwani, and ICICI Securities PMS. The company confirmed that discussions will strictly cover publicly available information, with no unpublished price-sensitive data being shared.
Please find enclosed herewith intimation regarding dispatch of Letters to the Members of the Company.
Others (Uncategorized) · 26 Aug 2026, 6:36 pm
Vardhman Special Steels Announces 16th AGM and FY26 Annual Report Vardhman Special Steels will hold its 16th Annual General Meeting (AGM) virtually on 18th Sep'26 at 10:00 AM IST. The company has dispatched its FY25-26 Annual Report and AGM notice electronically to registered shareholders. Those without registered emails can access the documents via a weblink provided in a physical letter. The company also reminded shareholders to update their KYC details and dematerialize physical securities, noting that dividend payments from Apr'24 onwards require updated PAN and bank details to be processed.