Vardhman Special Steels Limited — Important, 04-07-2025: Updates

Vardhman Special Steels has announced a board meeting to consider the financial results for the quarter and half-year. The company successfully raised Rs. 385 Cr through a preferential allotment of 14.77 million equity shares at Rs. 260.60 per share, with the full subscription amount received from Aichi Steel Corporation. All compliance and documentation for the allotment process have been duly maintained and verified by auditors. This capital infusion strengthens Vardhman's financial position for ongoing growth and operational expansion.