Vardhman Special Steels Limited has made a regulatory disclosure pursuant to SEBI Listing Regulations (Regulation 30) regarding an additional investment in Sone Solar Private Limited.
This disclosure serves as a continuation of the company's previous intimation dated 30th October 2025, where the company had informed the exchange about an initial investment of ₹1,13,54,250 in Sone Solar Private Limited. That investment comprised 11,35,425 units of 0.5% Compulsory Convertible Debentures with a face value of ₹10 each.
On 8th July 2026, the company made a further investment of ₹2,64,38,000 in Sone Solar Private Limited. This amount represents the balance payment of the third and final tranche of investment. The investment consists of 26,43,800 units of 0.5% Compulsory Convertible Debentures with a face value of ₹10 each.
With this additional investment, the aggregate investment of Vardhman Special Steels Limited in Sone Solar Private Limited now stands at ₹15,10,00,000. This total includes both equity shares and 0.5% Compulsory Convertible Debentures.
The company's shareholding in the equity share capital of Sone Solar Private Limited will remain unchanged at 26% following this additional investment.
The disclosure was signed by Sonam Dhingra, Company Secretary of Vardhman Special Steels Limited, and submitted to both BSE Limited and The National Stock Exchange of India Ltd.