Vardhman Special Steels Limited — Others, 04-07-2025: Appointment

Vardhman Special Steels has announced a board meeting to appoint Mr. Koichiro Hayashida, nominated by Aichi Steel Corporation, as an additional non-executive director. Mr. Hayashida brings significant expertise in steelmaking and quality control, currently serving as Executive Officer at Hagane Company and formerly President of Aichi Forge, Thailand. His appointment aims to strengthen the company’s board with specialized industry experience and is subject to shareholder approval at the upcoming annual general meeting. This strategic move aligns with the Share Subscription and Investment Agreement with Aichi Steel.