Vraj Iron and Steel Limited has notified the stock exchanges of an upcoming Board of Directors meeting, scheduled for Thursday, May 14, 2026, at the company's registered office located at First Floor, Plot No 63 & 66, Ph. No. 113 Mother Teresa, Ward No. 43, Jalvihar Colony, Raipur (C.G.) 492001. The intimation, bearing reference number VISL/SE/BM/2026, was issued on May 05, 2026, and addressed to both BSE Limited and NSE Limited.

Board Meeting Details

The meeting has been convened in pursuance of Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following key agenda item has been outlined for the meeting:

Agenda: Approval of Audited Financial Results

The primary agenda of the board meeting is to consider and approve the audited standalone and consolidated financial results of the company for the quarter and financial year ended March 31, 2026. This disclosure is in line with the company's obligations under applicable SEBI listing regulations, which mandate timely intimation to exchanges ahead of board meetings where financial results are to be reviewed.

The intimation was signed by Priya Namdeo, Company Secretary and Compliance Officer of Vraj Iron and Steel Limited, and digitally authenticated on May 05, 2026.

Vraj Iron and Steel Limited's promoters have submitted their annual declaration to stock exchanges confirming no encumbrance on their equity shareholdings during the financial year 2025-26. The disclosure, filed under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrates regulatory compliance and transparency in promoter shareholding management.

Promoter Shareholding Declaration

Vijay Anand Jhanwar, representing the promoter group and persons acting in concert (PACs), declared that as of March 31, 2026, the promoters collectively hold 24721720 equity shares without any direct or indirect encumbrance during FY26. The declaration was filed with both BSE Limited and NSE Limited on April 3, 2026.

Current Shareholding Structure

The promoter and promoter group shareholding as of March 31, 2026, shows a concentrated ownership pattern:

Recent Corporate Restructuring

The shareholding structure reflects recent merger activities that consolidated the promoter holdings. VA Transport Private Limited, which previously held 5555500 equity shares, was merged with Gopal Sponge and Power Private Limited effective March 27, 2026. This merger was executed through an off-market inter-se transfer following an order from the Regional Director, South East Region Hyderabad dated March 18, 2026.

Additionally, two other promoter group entities - Kirti Ispat Private Limited and Utkal Ispat Private Limited - were also merged with Gopal Sponge and Power Private Limited effective March 18, 2026, despite not holding any shares in the company.

Regulatory Compliance

The declaration encompasses 20 promoter group members and PACs, though most individual and corporate entities in the promoter group currently hold zero shares. The filing ensures compliance with SEBI regulations requiring promoters to disclose any encumbrance on their shareholdings annually. The comprehensive disclosure includes details of all promoter group entities and their respective shareholdings, maintaining transparency for investors and regulatory authorities.