Vardhman Special Steels Limited has announced a key senior management appointment, bringing back an experienced industry professional to strengthen its technical leadership team. The company has appointed Mr. Dinesh Singh as Vice-President Technical (Forging & New Product Development), effective 14th April, 2026.

Board Approval and Regulatory Compliance

The appointment was formalized through a Board of Directors resolution by circulation dated 13th April, 2026, following recommendations from the Nomination and Remuneration Committee. The company has fulfilled its regulatory obligations under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by notifying both BSE Limited and The National Stock Exchange of India Limited.

Appointment Details

Professional Background and Experience

Mr. Dinesh Singh brings extensive expertise to his new role, with over 21 years of experience in the steel industry. His educational background includes a Bachelor's Degree in Engineering (Metallurgy) from Punjab Engineering College (PEC), Chandigarh, providing him with strong technical foundations for his leadership position.

His career trajectory demonstrates significant growth within the organization. Singh initially joined VSSL in 2010 as a Senior Executive and progressively advanced to the Vice-President level. During his tenure, he served as Head of the R&D Department, contributing to the company's technical development initiatives. He had left the company in November 2025 due to personal reasons.

Industry Experience

Before his association with Vardhman Special Steels Limited, Mr. Singh gained valuable experience working with other prominent steel industry players:

• Bhushan Power and Steel Ltd.
• SPS Steel Power Ltd.

This diverse industry exposure, combined with his extensive experience at VSSL spanning more than 15 years, positions him well to lead the company's forging and new product development initiatives. His return to the organization represents a strategic move to leverage his deep understanding of the company's operations and technical capabilities.

Strategic Significance

The appointment of Mr. Singh as Vice-President Technical reflects the company's focus on strengthening its technical capabilities in forging and new product development. His proven track record within the organization and comprehensive understanding of steel industry operations are expected to contribute to the company's continued growth and innovation in these critical areas.

Vardhman Special Steels Limited has completed the dematerialization of 554 equity shares during March 2026, submitting detailed compliance documentation to stock exchanges under SEBI regulations. The company filed comprehensive certificates confirming proper handling of share dematerialization procedures through both major depositories.

Dematerialization Process Details

The company processed dematerialization requests across multiple dates in March 2026, with transactions distributed between National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Company Secretary Sonam Dhingra digitally signed the compliance certificate on 08.04.2026, providing detailed annexures with distinctive numbers and certificate details.

Transaction Timeline

The dematerialization activities occurred throughout March 2026, with the earliest transaction recorded on 03.03.2026 and the latest on 30.03.2026. The largest single transaction involved 144 shares processed through both depositories, while smaller transactions ranged from 3 to 135 shares.

Regulatory Compliance

The filing was submitted pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company confirmed that all share certificates were duly verified, mutilated, cancelled, and substituted with depository names as registered owners in company records.

The comprehensive documentation includes detailed annexures listing distinctive numbers, certificate numbers, and processing dates for each dematerialized lot. This quarterly compliance filing ensures transparency in share transfer processes and maintains proper regulatory standards for the listed company's equity transactions.