Please find enclosed herewith Media Release for the Q1 & FY27 results.

6) | Vardhman VARDHMAN SPECIAL STEELS LIMITED Delivering Excellence. Since 1965. CHANDIGARH ROAD Vardhman | LUDHIANA-141010, PUNJAB T: +91-161-2228943-48 F: +91-161-2601048 E: secretarial.lud@vardhman.com Ref. VSSL:SCY:JUL:2026-27 Dated: 22.07.2026 BSE Limited, The 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: COMPLIANCE OF REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIRMENTS) REGULATIONS 2015. Dear Sir, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed herewith Media Release on the Un-audited financial results of the Company for the quarter ended 30% June, 2026. 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/ Www. VARD HMA . Coy Vardhman Special Steels Limited Media Release Q1 FY27 volumes at 59,103 MT Q1 FY27 Revenue fromOperations at Rs. 486.01 Crore Q1 FY27 EBITDA (including other income) at Rs. 68.29 Crore, EBITDA per ton stood at Rs 10,764 Q1 FY27 PAT at Rs. 41.19 Crore 22nd July, 2026, Ludhiana, Punjab: Vardhman Special Steels Limited (BSE: 534392. NSE: VSSL), Amongst India’s leading producers of special steels and a pioneer in green steel manufacturing, catering to diverse sectors of automotive, engineering & allied industries, has announced its unaudited financial results for the first quarter of the financial year, 2026-27 in the Board meeting heldon22ndJuly,2026 KeyFinancialHighlights(Rs.Crore):- Particulars Q1FY27 Q1FY26 Y-o-Y Q4FY26 SalesVolume(tonnes) 59,103 55,574 6.35% 59,370 RevenuefromOperations 486.01 433.70 12.06% 457.92 EBITDA* 68.29 39.33 73.63% 56.54 PAT 41.19 19.90 107.01% 33.98 BasicEPS(Rs.) 4.26 2.43 75.31% 3.52 *includingotherincome PerformanceHighlights:- ForthequarterendedJune30th,2026:  The volumes for the quarter stood at 59,103 tonnes as against 55,574 tonnes in Q1 FY26 onaccountofgooddemand  RevenuefromOperationsstoodatRs.486.01croreinQ1FY27,asagainstRs.433.70crore inQ1FY26,increaseof12.06%Y-o-Ymainlyduetotheincreaseinsalesvolumeandhigher realizations  EBITDA (including other income) for the quarter was Rs. 68.29 crore as against Rs. 39.33 crore in Q1 FY26, increasing by 73.63% on account of increase in sales volume, higher realizations,improvementinoperationalefficienciesandcostsavingsduetosolarpower  EBITDAperTonforthequarterwasRs.10,764excludingthenon-operationalIncometothe extent of Income on unutilized funds invested by ASC and interest on advance deposit with PSPCL  Q1 FY27 PAT stood at Rs. 41.19 crore as against PAT of Rs. 19.90 crore in Q1 FY26, an increaseof107.01%YoY,mainlyduetohigherEBITDAanddecreaseininterestcost. Vardhman Special Steels Limited  EPSforthequarterstoodatRs.4.26vsRs.2.43inQ1FY26 ManagementComment: Commentingontheresult,MrSachitJain,Chairman&ManagingDirector,VardhmanSpecialSteels Ltd.said, “Wehave commencedFY27onastrongnote,deliveringhealthygrowthinproduction,revenuesand profitability. Our performance during the quarter was driven by sustained demand across key customer segments, improved operating efficiencies and better realizations following price hikes received from OEMs. Coupled with economies of scale, these factors enabled us to deliver a healthy improvementinEBITDAandprofitability. The strategic investments undertaken over the past year continue to translate into tangible operational benefits. The commissioning of Kocks Block and new reheating furnace in the last financial year have started strengthening our manufacturing capabilities, improving product quality andoperationalefficiencywhileexpandingourfinishedrollingcapacityto2.7LacsMTPA.Inaddition, the commissioningofoursolar powerplant is contributingtolowerenergycostsandsupportingour long-termsustainabilityobjectives. Looking ahead, we remain focused on executing our long-term growth strategy, including the developmentofthe5LacsMTPAGreenfieldspecialsteelfacilityandtheforgingandmachiningplant in collaboration with Aichi Steel Corporation. These initiatives, along with our continued focus on operationalexcellenceandbusinessdiversification,positionuswelltocreatesustainablevalueforall ourstakeholders." AboutVardhmanSpecialSteelsLimited: IncorporatedinMay2010asaPublicLimitedCompany, VardhmanSpecialSteelsLimited(VSSL)was vested with steel business undertaking of the parent company Vardhman Textiles Limited in 2011, pursuanttoSchemeofArrangement&Demerger. HeadquarteredinLudhiana,Punjab,VSSLisoneofIndia’sleadingproducersofspecialsteels,catering to diverse requirements of Automotive, Engineering, Tractors, Bearings and Allied Industries. The Company also takes care of steel requirements of select customers for forging applications in internationalmarketsofThailand,Taiwan,Turkey,Italy,Russia,Germany,VietnamandJapan. The Company’s manufacturing facilities incorporate the latest cutting-edge manufacturing technology, ensuring highest levels of quality and compliance. VSSL’s varied product suite comprises ofbillets,steelbarsandrodsandbrightbarsofvariouscategoriesofspecialandalloysteels. Leveraging on state-of-the-art manufacturing facilities and vast experience in the domain, the Company has developed long term relationships with reputed and renowned customers globally, which include corporations such as Toyota, Maruti, Hyundai, Hero Moto Corp, Caterpillar, Hino MotorsandBajaj,amongothers. Vardhman Special Steels Limited Formoredetails,pleasevisit:www.vardhmansteel.com ForanyInvestorRelationsquery,pleasecontact: Mr.SanjeevSingla Mr. Mohit Upadhyay / Mrs. Disha Shah / Mr.RahulViswanathan VardhmanSpecialSteelsLimited AdfactorsPRPvt.Ltd Email:sanjeevsingla@vardhman.com Email:mohit.upadhyay@adfactorspr.com disha.shah@adfactorspr.com rahul.viswanathan@adfactorspr.com CautionConcerningForward-LookingStatements: This document includes certain forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. The Company is under no obligation to, and expresslydisclaimsanysuchobligationto,updateoralteritsforward-lookingstatements,whetherasaresult ofnewinformation,futureevents,orotherwise.