Vardhman Special Steels Limited — Others, 03-12-2024: Loss of Share Certificates

Vardhman Special Steels Limited has received a notification regarding the loss of share certificates from a legal heir of shareholder Surjit Kaur. The company is in the process of issuing duplicate share certificates for a total of 42 shares (21 each for two different certificates, and 200 shares each for two others). This step ensures the integrity of share ownership and will facilitate the shareholder’s access to their equity. Investors may view this as a neutral impact, as the company maintains proactive shareholder service, though the occurrence of lost certificates could raise minor concerns about administrative efficiency.