Shareholders meeting

o Vardhman — VARDHMAN SPECIAL STEELS LIMITED L[e Se Sa | Delivering Excellence. Since 1965. CHANDIGARH ROAD LUDHIANA-141010, PUNJAB T: +91-161-2228943-48 F: +9/-161-2601048 E: secretarial.lud@vardhman.com Ref. VSSL:SCY:SEP:2026-27 Dated: 18-Sep-2026 BSE Limited, National Stock Exchange of India Ltd, New Trading Ring, Exchange Plaza, Bandra-Kurla Complex, Rotunda Building, P.J. Towers, Bandra (East), Dalal Street, MUMBAI-400001. MUMBAI-400 051 Scrip Code: 534392 Scrip Code: VSSL SUB: 16 ANNUAL GENERAL MEET- SICRUNTINGIZE R REPORT Dear Sir, In respect of the 16" Annual General Meeting of the Company held on 18'" September, 2026, please find enclosed herewith Report of Scrutinizer dated 18‘? September, 2026 pursuant to Section 108 and 109 of the Companies Act, 2013 and Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014. Kindly note that the meeting commenced at 10:00 a.m. and concluded at 10:33 a.m. Kindly take the same on record. Thanking you, Yours faithfully, FOR VARDHMAN SPECIAL STEELS LIMITED (SONAM DHINGRA) COMPANY SECRETARY YARNS | FABRICS | THREADS | GARMENTS | FIBRES | STEELS CIN: L27100PB2010PLC033930 WWW.VARDHMANSTEEL.COM Khanna Ashwani & Associates CS Ashwani Kumar Khanna ; (Peer Reviewed Firm of Company Secretaries) (Proprietor) (B.COM, CAT, FCS) Secretarial, Legal & Corporate Advisory Services GSTIN: 03ACCPK3016E1ZF CONSOLIDATED SCRUTINIZER’S REPORT (Pursuant to Sections 108 and 109 of the Companies Act, 2013 and amended Rule 20 & 21 of the Companies (Management and Administration) Rules, 2014) The Chairman, Vardhman Special Steels Limited, Vardhman Premises, Chandigarh Road, Ludhiana -141010. Subject: Consolidated Scrutinizer’s Report for Remote E-voting and Electronic Voting at the 16" Annual General Meeting (AGM) of the Company held on Friday, 18 September, 2026. The Board of Directors of the Company had appointed me as Scrutinizer for remote e-voting and also for electronic voting at the AGM in their board meeting held on 22" July, 2026. Pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 as amended and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company has confirmed that the notice convening the AGM of the Company along with the instructions for the remote e-voting and electronic voting at the AGM were sent through electronic mode to those Members whose e-mail addresses were registered with the Company/Depository Participant(s) for communication purposes in compliance with MCA Circulars dated 22" September, 2025, 19" September, 2024, 25™ September, 2023, 28" December, 2022, 05" May, 2022, 14"" December, 2021, 05'" May, 2020, 13" April, 2020 and gs” April, 2020 (collectively referred to as ‘MCA Circulars’. Further, in compliance with Regulation 36(1)(b) of the LODR, a letter providing the web-link, including the exact path, where Annual Report for the financial year 2025-26 is available, was sent to those members whose email address was not registered with the Company/ RTA/ Depositories/ Depository Participants. The Public Advertisement with respect to dispatch of the notices and conducting of voting through electronic means was published in an English Newspaper “Business Standard” of wide circulation on 26-08-2026 and a Vernacular Newspaper “Desh Sewak” on 26-08-2026. Pursuant to Section 108 of the Act read with the Rules and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has provided remote e-voting facility and also electronic voting facility at the AGM to its Members in respect of business to be traisached at AGM. bi Vai Off: #306, 3“ Floor, Noble Enclave, Bhar Wala Chowk, Ferozepur Road, Opp. Hotel Park Plaza, Ludhiana (O): 98880091 86 (M): 98141-11799, 9-88888-9186 E-mail: ashwani_pcs@yahoo.<co.in, abhinavkhannaca@gmail.com The Company had appointed Central Depository Services (India) Limited (CDSL) as the service provider, for the facility of Remote e-voting as well as electronic voting facility at the AGM to those members of the Company who had not cast their vote through remote e-voting. 11" September, 2026 Cut-off date: Remote e-voting commencement date: 15" September, 2026 at 09.00 A.M. 17" September, 2026 at 05:00 P.M. Remote e-voting end date: On completion of electronic voting at the AGM, the results of the remote e-voting and electronic voting by Members at the AGM, on the CDSL e-voting platform were unblocked by me, downloaded and diligently scrutinized. The management of the Company is responsible to ensure compliance with the requirements of the Act, Rules, Circulars issued by MCA & SEBI relating to remote E-voting and electronic voting at the AGM on the resolutions contained in the notice of the AGM. My responsibility as scrutinizer for the remote e- voting and electronic voting at the AGM is to report on the votes cast in favour or against the resolutions based on the available data. 1. The Results of the voting is as under: Resolution 1: Ordinary Resolution: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with report of Board of Directors and Auditors thereon. Number of Members voted Number of S hares Voted % of the total Paid Up Share Capital 130 76406 908 79.01% - Remote E- Voting Venu e Voting at AGM Total No. of No. of No. of No. of No. of “age Members Shares Members Shares Shares Assent 128 76406898 0 0 76406898 100.00 Dissent 02 10 0 0 10 0.00 Total 130 76406908 0 0 76406908 100.00 RESULT FOR RESOLUTION-1 The above resolution has been passed with requisite majority. Page 2 of 6 2 The Results of the voting is as under: Resolution 2: Ordinary Resolution: To declare Dividend. Number of Members voted Number of S hares Voted % of the total Paid Up Share Capital 130 76406 908 79.01% Remote E- Voting Venu e Voting at AGM Total No. of No. of No. of No. of No. of Yoage : Members Shares Members Shares Shares Assent 128 76406898 0 0 76406898 100.00 Dissent 02 10 0 0 10 0.00 Total 130 76406908 0 0 76406908 100.00 RESULT FOR RESOLUTION-2 The above resolution has been passed with requisite majority. 3 The Results of the voting is as under: Resolution 3: Ordinary Resolution: To re-appoint Mr. Rajendar Kumar Rewari as a director liable to retire by rotation. Number of Members voted Number of S hares Voted % of the total Paid Up Share Capital 129 76406 633 79.01% Remote E- Voting Venu e Voting at AGM Total No. of No. of No. of No. of No. of “fage Members Shares Members Shares Shares Assent 125 76351841 0 0 76351841 99.93 Dissent 04 54792 0 0 54792 0.07 Total 129 76406633 0 0 76406633 100.00 RESULT FOR RESOLUTION-3 The above resolution has been passed with requisite majority. Page 3 of 6 4 The Results of the voting is as under: Resolution 4: Ordinary Resolution: To re-appoint Mr. Toshio Ito as a director liable to retire by rotation. Number of Members voted Number of S hares Voted | % ofthe total Paid Up Share Capital 129 76406 633 79.01% Remote E- Voting Venu e Voting at AGM Total No. of No. of No. of No. of No. of “age Members Shares Members Shares Shares Assent 125 76351841 0 0 76351841 99.93 Dissent 04 54792 0 0 54792 0.07 Total 129 76406633 0 0 76406633 100.00 RESULT FOR RESOLUTION-4 The above resolution has been passed with requisite majority. 5 The Results of the voting is as under: Resolution 5: Special Resolution: To revise the remuneration payable to Mrs. Soumya Jain, Executive Director of the Company: Number of Members voted Number of S hares Voted % of the total Paid Up Share Capital 130 76406 908 79.01% Remote E- Voting Venu e Voting at AGM Total No. of No. of No. of No. of No. of “age Members Shares Members Shares Shares Assent 126 76406613 0 0 76406613 100.00 Dissent 4 295 0 0 295 0.00 Total 130 76406908 0 0 76406908 100.00 RESULT FOR RESOLUTION-5 Page 4 of 6 6 The Results of the voting is as under: Resolution 6: Ordi [Showing first 8,000 characters — download PDF for full document]