Vardhman Special Steels has informed that, pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, a meeting of the Board of Directors of the Company has been scheduled to be held on Thursday, 29th May, 2025, to consider and approve, subject to approval of the shareholders of the Company, the proposal for, fund raising by way of preferential issue of equity shares of the Company and the execution of certain agreements in relation thereto. The Board of the Company will further consider and approve convening an Extra-Ordinary General Meeting of the Company to obtain the approval of the shareholders of the Company for the above proposal(s), if the said proposaI(s) are approved by the Board, and any other matters incidental thereto. In view of the above, pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of insider Trading) Regulations, 2015, as amended from time to time, the trading window for dealing in securities of the Company will remain closed for the Promoters, Directors, Insiders, Designated Persons and Connected Persons, and shall reopen after the expiry of 48 hours from the time the outcome of the meeting becomes generally available.
