Vardhman Special Steels Limited has made available the complete audio recording of its earnings conference call for Q4 & FY26 financial results. The call was conducted on April 29, 2026 at 11:00 AM IST, and the company has now shared the recording link with stock exchanges in compliance with regulatory requirements.

Regulatory Filing and Compliance

The company issued this announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sonam Dhingra formally communicated the audio recording availability to both BSE Limited and The National Stock Exchange of India Ltd through an official letter dated April 29, 2026.

Audio Recording Access Details

The earnings call recording is now accessible through the company's official website with complete access information:

Management Participation

The earnings conference call featured key management representatives discussing the company's business and financial performance for Q4 & FY26:

• Mr. Sachit Jain – Chairman and Managing Director
• Mr. Sanjeev Singla – Chief Financial Officer
• Mr. R. K. Rewari – Executive Director

Company Information

Vardhman Special Steels Limited maintains its registered and corporate office at Chandigarh Road, Ludhiana-141010, Punjab. The company is listed on both major stock exchanges with BSE Scrip Code 534392 and NSE Scrip Code VSSL, operating under CIN L27100PB2010PLC033930.

Vardhman Special Steels has announced a comprehensive 10-year strategic plan focused on significant business diversification. The company aims to reduce its dependency on the automotive sector by expanding into high-potential non-automotive areas.

Strategic Revenue Diversification Plan

The steel manufacturer has set an ambitious target to generate 30% of its total revenue from non-automotive sectors within the next decade. This strategic shift marks a departure from the company's traditional focus on automotive applications.

Target Sectors for Expansion

The company has identified three key sectors for its diversification strategy:

• Aerospace sector: Targeting components and materials for aviation industry
• Defense manufacturing: Focusing on defense-related steel applications and components
• Railways infrastructure: Developing products for railway construction and maintenance

Business Transformation Initiative

This strategic plan represents a significant transformation for Vardhman Special Steels, moving beyond its traditional automotive customer base. The diversification into aerospace, defense, and railways sectors offers potential for higher margins and reduced cyclical dependency on automotive demand.

The 10-year timeline provides the company with adequate time to develop specialized products, establish customer relationships, and build expertise in these new sectors. This strategic approach positions Vardhman Special Steels to capitalize on India's growing defense manufacturing initiatives and infrastructure development programs.