VISA STEEL LTD.

VISA Chrome Ltd has announced the closure of its trading window from July 1, 2026, until 48 hours after the declaration of its financial results for the quarter ending June 30, 2026. This measure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The closure restricts designated persons and their immediate relatives from trading in the company's securities during this period, aiming to prevent potential insider trading activities.

Assets Care & Reconstruction Enterprise Ltd (ACRE), acting as trustee for various trusts, has acquired an additional 3.34% stake in VISA Chrome Limited (formerly VISA Steel Limited). This acquisition brings ACRE's total shareholding in VISA Chrome to 12.97%. The transaction was conducted through open market purchases on June 22, 2026. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Assets Care & Reconstruction Enterprise Ltd (ACRE), acting as trustees for various trusts, has invoked a pledge over 23,787,833 equity shares of VISA Chrome Limited (formerly VISA Steel Limited). This invocation represents 16.3% of the total share capital and 14.3% of the diluted share capital. The shares were originally pledged in favor of ACRE for the benefit of security receipt holders. This action signifies a significant shift in shareholding control due to the invocation of the pledge.

VISA Chrome Ltd (formerly VISA Steel Limited) has released the Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2026, concerning the preferential issue of warrants. The report, dated May 12, 2026, confirms no deviations from the intended use of the issue proceeds. CARE Ratings Limited states that the report provides an objective view based on information provided by the issuer and believed to be accurate and reliable, without performing an audit or independent verification.

VISA Chrome Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. They reappointed M/s DGM Associates as Cost Auditor and M/s L. B. Jha & Co. as Internal Auditor for FY 2026-27, subject to shareholder ratification at the upcoming AGM. The meeting concluded at 1850 hours on May 25, 2026.

The Board of Directors of VISA Chrome Ltd approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. Singhi & Co., Chartered Accountants, issued an unmodified opinion on the results. DGM Associates, Cost Accountants, were reappointed as Cost Auditor, and L. B. Jha & Co. Chartered Accountants, were reappointed as Internal Auditor for the financial year 2026-27.

VISA Chrome Ltd's Board of Directors approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board reappointed M/s DGM Associates as Cost Auditor and M/s L. B. Jha & Co. as Internal Auditor for FY 2026-27, subject to shareholder ratification. The Statutory Auditors, M/s. Singhi & Co., issued an unmodified opinion on the financial results.

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 19, 2026 for Visa Infra Ltd. The disclosure pertains to the reason for encumbrance and additional disclosure as per SEBI Circular SEBI/HO/CFD/DCR1/CIR/P/2019/90 dated August 07, 2019.

Visa Steel Ltd has scheduled a Board of Directors meeting on May 25, 2026, to consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. The trading window for dealing in the company's securities will be closed until 48 hours after the announcement of the financial results.

VISA Industries Ltd. acquired 44,387,167 equity shares of VISA Chrome Limited (formerly VISA Steel Limited) from VISA Infrastructure Limited (now VISA Infra Limited) pursuant to an order by the National Company Law Tribunal (NCLT) sanctioning a Scheme of Arrangement. This acquisition increased VISA Industries' shareholding in VISA Chrome from 31.96% to 62.40%. The transfer was exempt from requiring an open offer under Regulation 10(1)(d)(iii) of SEBI regulations.