VST Tillers Tractors Ltd. has disclosed its sales quantity figures for March 2026, revealing mixed performance across its product portfolio. The company reported total sales of 4940 units during March 2026, representing a decline from 7892 units sold in March 2025. Notably, the tractors segment demonstrated positive growth with 755 units sold compared to 671 units in the corresponding month of the previous year.

March 2026 Sales Performance

The monthly sales data shows contrasting trends between the company's two main product categories. Power tillers, which constitute the larger segment, recorded 4185 units sold in March 2026 compared to 7221 units in March 2025. The tractors segment was the bright spot, showing year-over-year growth with 755 units sold in March 2026 against 671 units in the corresponding month of the previous year.

Year-to-Date Performance Analysis

The year-to-date figures present a more positive outlook for VST Tillers Tractors. Total cumulative sales reached 56243 units for the period ended March 2026, compared to 42584 units in the corresponding period of the previous year. This represents significant growth in the overall annual performance despite the monthly decline.

Tractor Segment Highlights

The tractors segment's performance stands out as a key positive development for the company. With 755 units sold in March 2026 versus 671 units in March 2025, the segment achieved year-over-year growth despite overall monthly sales declining. This growth trajectory is consistent with the segment's year-to-date performance, which shows 5911 units compared to 5287 units in the previous year.

Product Portfolio Analysis

The power tillers segment continues to dominate the company's sales volume, accounting for the majority of both monthly and year-to-date sales. While March 2026 showed a decline in power tiller sales, the year-to-date performance of 50332 units compared to 37297 units in the previous year indicates robust annual demand.

Regulatory Disclosure

The sales data was communicated to both the National Stock Exchange of India Limited and BSE Limited as part of the company's regular disclosure obligations. VST Tillers Tractors has noted that the reported figures are unaudited and may vary when audited figures are finalized. The disclosure was signed by Company Secretary Chinmaya Khatua and submitted on April 01, 2026.

VST Tillers Tractors has announced the successful allotment of 9,396 equity shares to eligible employees under its Restricted Stock Unit Plan 2024. The allotment was approved by the company's Nomination, Compensation & Remuneration Committee and represents the exercise of vested options by employees under the employee stock option scheme.

Share Allotment Details

The equity shares were allotted on March 29, 2026, with each share carrying a face value of ₹ 10. The exercise price was set at ₹ 10 per share with no premium charged to the employees. The allotted shares will rank pari passu with existing equity shares, ensuring equal rights and privileges for all shareholders.

Impact on Share Capital

Following this allotment, VST Tillers Tractors' issued, subscribed and paid-up share capital has increased significantly. The company's total equity base has expanded to accommodate the new employee shareholding under the RSU plan.

Regulatory Compliance

The allotment was conducted in compliance with SEBI regulations, specifically under the Share Based Employee Benefits and Sweat Equity Regulations, 2021. The company filed the necessary documentation with both BSE and NSE on February 09, 2024, receiving filing numbers NSE: 39974 and BSE: 193227. The newly allotted shares will be listed on both exchanges under the existing ISIN INE764D01017, with no lock-in period applicable to these shares.

Employee Stock Option Scheme

The VST Tillers Tractors Limited - Restricted Stock Unit Plan 2024 represents the company's commitment to employee participation in organizational growth. The scheme allows eligible employees to acquire equity shares at predetermined prices, aligning employee interests with shareholder value creation. The successful execution of this allotment demonstrates the company's adherence to corporate governance standards and regulatory requirements in implementing employee benefit schemes.