StockWatch
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Iron & Steel Products
Regulatory4 May 2026, 04:17 pm

Vardhman Special Steels: Monitoring Report for Mar 2026

AI Summary

Vardhman Special Steels Ltd. has released the Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, as per Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report pertains to the utilization of proceeds from the preferential issue of equity shares. The monitoring agency confirms no deviations from the stated objectives.

Key Highlights

  • CRISIL Ratings is the monitoring agency for the preferential issue.
  • The report confirms no deviations from the objects of the issue.
  • The report is in compliance with SEBI regulations.
  • Issue size is ₹3,849,088,060.