Allotment of Securities

G@) | 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:SCY:VSSL:JULY:2026-27 Date: 01.07.2026 The BSE Limited, The National Stock Exchange of India Ltd, Rotunda Building, P.J Towers, “Exchange Plaza, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), MUMBAI-400001 MUMBAI-4o0051 Scrip Code: 534392 Scrip Code: VSSL Dear Sir/Ma’am, Sub: Allotmenotf Equity Shares pursuant to ‘VarSpedcialh Stmeelas Linmit ed Employee Stock Option Plan, 2016’ and ‘Vardhman Special Steels Limited Employee Stock Option Plan, 2020’ This is to inform you that the Committee of Directors (ESOP Plan) of the Company, in its meeting held on July 01, 2026, has allotted 15,500 Equity shares of face value of Rs. 10/- each (including 7,750 Bonus shares on the ESOP shares in the ratio of 1:1) to the eligible employees of the Company who have exercised their stock options under ‘Vardhman Special Steels Limited Employee Stock Option Plan, 2016’ and ‘Vardhman Special Steels Limited Employee Stock Option Plan, 2020’. These shares shall rank pari passu with the existing equity shares of the Company in all respects. The meeting commenced at 2:30 p.m. and concluded at 3:00 p.m. You may please 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