VARDHMAN SPECIAL STEELS LTD. - 534392 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith the Certificate received from M/s Alankit Assignments Limited, the Registrar and Share Transfer Agent of the Company, for the quarter ended 31st December, 2021. VARDHMAN SPECIAL STEELS LTD. - 534392 - Demat Report For The Month Ended December, 2021
Pursuant to the provisions of Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find attached herewith necessary certificate giving particulars of shares i.e. Distinctive No(s), Certificate No(s), No. of shares etc. dematerialized during the month of December, 2021. VARDHMAN SPECIAL STEELS LTD. - 534392 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform you that the Committee of Directors (ESOP Plan 2016) of the Company, in its meeting held on January 3, 2022, has allotted 54,164 Equity shares of face value of Rs. 10/- each (including 21,664 shares on Rights basis on the ESOP shares in the ratio of 2:3) to the eligible employees of the Company who has exercised their stock options under 'Vardhman Special Steels Limited Employee Stock Option Plan, 2016'. These shares shall rank pari passu with the existing equity shares of the Company in all respects. VARDHMAN SPECIAL STEELS LTD. - 534392 - Closure of Trading Window
Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the Company has decided that the 'Trading Window' of the Company shall remain closed from 1st January, 2022 (09:00 a.m.) and will re-open 48 hours after the Un-audited Financial results for the quarter/ nine-months ended 31st December, 2021 are made public. Kindly note and display the notice on your notice board for the information of the members of your exchange and general public. VARDHMAN SPECIAL STEELS LTD. - 534392 - Demat Report For The Month Ended November, 2021
Pursuant to the provisions of Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find attached herewith necessary certificate giving particulars of shares i.e. Distinctive No(s), Certificate No(s), No. of shares etc. dematerialized during the month of November, 2021. VARDHMAN SPECIAL STEELS LTD. - 534392 - Demat Report For The Month Ended October, 2021
Pursuant to the provisions of Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find attached herewith necessary certificate giving particulars of shares i.e. Distinctive No(s), Certificate No(s), No. of shares etc. dematerialized during the month of October, 2021. Vardhman Special Steels Ltd - 534392 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith copy of newspaper publication of Financial Results for the quarter/ half-year ended 30th September, 2021 published in 'Desh Sewak' and 'Business Standard' on October 26, 2021. Q2FY22 Quarterly Result Announced for Vardhman Special Steels Ltd.
Key Financial Highlight Q2 FY22 volumes at 43,283 MT; H1 FY22 volumes at 86,988 MT H1 FY22 Revenue from Operations at Rs. 665.79 Crore H1 FY22 EBITDA (including other income) at Rs. 102.25 Crore H1 FY22 Profit at Rs. 52.09 Crore EBITDA per Ton for the quarter was Rs. 11,216 The volumes for the quarter stood at 43,283 tonnes as against 43,986 tonnes in Q2 FY21 Revenue from Operations stood at Rs. 335.65 crore in Q2 FY22, as against Rs. 247.09 crore in Q2 FY21, growth of 35.84% mainly on account of higher sales realizations EBITDA (including other income) for the quarter was Rs. 48.55 crore as against Rs. 26.67 crore in Q2 FY21, increase of 82.00%, mainly due to increase in sales prices and cost saving initiatives EBITDA per Ton for the quarter was Rs. 11,216 as against Rs. 6,064 in Q2 FY21 Q2 FY22 Profit stood at Rs. 24.29 crore as against profit of Rs. 8.94 crore in Q2 FY21, increase of 171.72% The volumes stood at 86,988 tonnes as against 56,473 tonnes in H1 FY21 Revenue from Operations stood at Rs. 665.79 crore in H1 FY22, as against Rs. 314.95 crore in H1 FY21, growth of 111.40% mainly on account of higher sales volumes coupled with better realizations. Also, H1 FY21 volumes were affected due to COVID related lockdown EBITDA (including other income) was at Rs. 102.25 crore as against Rs. 19.00 crore in H1 FY21, increase of 438.32%, due to increase in sales volumes, price increases, better realizations and higher operational efficiencies EBITDA per Ton for half year was Rs. 11,755 as against Rs. 3,364 in H1 FY21 H1 FY22 Profit stood at Rs. 52.09 crore as against loss of Rs. 3.83 crore in H1 FY21, increase of 1458.62% Commenting on the result, Mr Sachit Jain, Vice Chairman & Managing Director, Vardhman Special Steels Ltd. said, “I am happy to say during this quarter, our sales volumes stood at 43,283 tonnes with a revenue of Rs. 335.65 crore and EBIDTA of Rs. 48.55 crore, YoY increase of 35.84% and 82.00% respectively. As I have mentioned earlier as well about our furnace planned shutdown in November because of which we have high inventory levels which will rationalize by financial year end. We are very well prepared for this shutdown in advance, and it will not affect our business in any manner. Although, we might have to outsource procurement of billets in case of excess demand. Overall, we remain focused on creating value for our stakeholders and managing the business for the long term to transform our business and our ways of working. I am thankful to the entire team at Vardhman for overcoming gripping uncertainties and delivering good results.” Result PDF Vardhman Special Steels Ltd - 534392 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed herewith Media Release on financial results of the Company for the quarter/ half-year ended 30th September, 2021. Vardhman Special Steels Ltd - 534392 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed herewith Investor Presentation on financial results of the Company for the quarter/ half-year ended 30th September, 2021.