Vardhman Special Steels Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Vardhman Special Steels Limited has announced a board meeting on July 25, 2025. The Board approved the financial results for the quarter ended June 30, 2025, reporting a revenue of Rs 433.70 Cr and net profit of Rs 19.90 Cr. The company confirmed receiving Rs 384.91 Cr from Aichi Steel Corporation for the preferential allotment of 14,770,100 shares, boosting Aichi's stake from 11.33% to 24.90%. VSSL also reclassified its investment in Sone Solar Private Limited, noting it no longer holds significant influence.