Shareholders meeting

VRAJ IRON AND STEEL LIMITED Formerly Known As VRAJ IRON AND STEEL PVT. LTD. & PHIL ISPAT PRIVATE LIMITED Ref: VISL/SE/REG-30 /2026-27 I 4t Date: August2lr2026 BSE Limited NSE Limited P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, f,'ort Bandra Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400 051 Ref: BSE security codez 544204 NSE symbol: VRAJ Sub: Intimation resardine 22od Annual General Meetins. E-Votine and Submission of Notice. Dear Sir(s)/lVladam (s), Pursuant to the provision of Regulation 34(l) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and in continuation of our intimation dated 1210812026, we wish to inform you that the 22nd Annual General Meeting (AGM) of Vraj Iron and Steel Limited is scheduled to be held on Saturday, 12ft September, 2026 at 01:00 P.M. at Manch Auditorium, 3rd Floor, ZORA THE MALL, Nh-6, Opposite Agriculture College, Jora, Serikhedi, Raipur Chhattisgarh 4g2}lzthrough Physical Mode. The Company is pleased to provide the remote e-voting facility to its shareholders to exercise their vote by electronic means and the business may be transacted through e-voting services provided by CDSL vide EVSN: 2608t9041. All the Members holding shares as on the cut-off date i.e. Monday, 07ft September 2026,will be able to cast their vote and attend the AGM through physical presence. The information about remote e-voting is as follows: Commencement of e-Voting From 9.00 a.m. (IST) on Wednesday, 09e September, 2026 End of e-Voting Upto 5.00 p.m. (IST) on Friday, 1lft September,2026 Pursuant to Regulation 3 0 of SEBI (LODR) Regulation 20 I 5, Notice of the 22d AGM is enclosed herewith and is also made available on the Company's website www.vrajtmt.in under the below tab: Investor> Shareholders> Notices tab. We request you to take the above information on your records. Thanking You Yours Faithfully FoT VRAJ IRON AIYD STEEL LIMITED Priya Namdeo 6r.+^--N erv, Company Secretary and Compliance officer Enclosed as above 9 Pegd 0ffine ' 6? ft 66, Mother Teresa, Ward No, 43, Jalvihar Colony, Raipur [C.G.J 4D?00I Work : Vilt. - Dighora, Near Bilha Mode, Tehsit-Takhatput Dist.- Bitaspur, tC.G.) , 495002 9 t W 07o 7r 1k 4: ?P 0lo 7t 5N 5o .. 3 x8 t iso 4 al i4 l@8 gto 5 a2 il, cS oit mta ,r a l hn id lsu its tatr ri aa @lAr ge ma, ilS .cit ota mra , CR INa :i p Lu 2r [ lC 0l. CG T.] 24 09 03 41 P1 LC0t670t AXD EAiS cM/L-s900071114 -'IT (Formerly known as Vraj Iron and Steel Private Limited and Phil Ispat Private Limited) 22nd Annual Report 2025-2026 Annual Report 2025-26 Contents Company Overview and Statutory Report Page No. Corporate Information 1-2 STATUTORY REPORT Director’s Report 3-20 Form - AOC-1 21-22 Form - AOC-2 23-25 Form - CSR-2 26-29 Management Discussion and Analysis Report 30-41 Certification Under Regulation 17(8) of the Listing Regulation 42 Particulars of Employees and Related Disclosures 43-44 Corporate Governance Report 45-64 Secretarial Audit Report along with its Annexures 65-72 FINANCIAL STATEMENTS Standalone Financial Statement Independent Auditor’s Report 73-84 Standalone Financial Statements 85-136 Consolidated Financial Statement Independent Auditor’s Report 137-143 Consolidated Financial Statements 144-196 Members request for speaker registration 197 Notice of 22nd Annual General Meeting along with its Annexures 1 9 8 - 2 2 3 Annual Report 2025-26 CORPORATE INFORMATION VRAJ IRON AND STEEL LIMITED (Formerly known as Phil Ispat Private Limited and Vraj Iron and Steel Private Limited) CIN: L27101CT2004PLC016701 Incorporation:16/06/2004 Telephone No.: 07714059002 Email ID: info@vrajtmt.in Website: www.vrajtmt.in CORPORATE OFFICE: First Floor, Plot No 63& 66, REGISTERED OFFICE: Ph No 113 Mother Teresa Ward No. 43, First Floor, Plot No 63& 66, Jalvihar Colony Raipur, (C.G.) 492001 Ph No 113 Mother Teresa Ward No. 43, Jalvihar Colony Raipur, (C.G.) 492001 BOARD OF DIRECTORS: COMMITTEES: EXECUTIVE DIRECTORS: AUDIT COMMITTEE: • Mr. Vijay Anand Jhanwar • Mrs. Sanjeeta Mohta (Chairman) • Mr. Prasant Kumar Mohta • Mr. Vijay Anand Jhanwar (Member) • Mr. Praveen Somani • Mr. Pramod Kumar Vaswani (Member) INDEPENDENT DIRECTORS: STAKEHOLDERS RELATIONSHIP COMMITTEE: • Mr. Sumit Deb • Mr. Pramod Kumar Vaswani (Chairman) • Mrs. Sanjeeta Mohta • Mr. Prasant Kumar Mohta (Member) • Mr. Pramod Kumar Vaswani • Mr. Vijay Anand Jhanwar (Member) CSR COMMITTEE: NOMINATION REMUNERATION • Mr. Vijay Anand Jhanwar (Chairman) COMMITTEE: • Mr. Praveen Somani (Member) • Mr. Sumit Deb (Chairman) • Mrs. Sanjeeta Mohta (Member) • Mrs. Sanjeeta Mohta (Member) • Mr. Pramod Kumar Vaswani (Member) KEY MANAGERIAL PERSONNEL: SECRETARIAL AUDITOR: • Mr. Vijay Anand Jhanwar M/s Nitin Agrawal & Co., • Mr. Prasant Kumar Mohta Company Secretary • Mr. Praveen Somani (Firm Registration No. 11931) • Mr. Shriram Verma (Chief Financial Officer) 506, 5th Floor, DB City, Corporate Park, • Mrs. Priya Namdeo (Company Secretary) Rajbandha Maidan, Raipur (C.G.) 492001 AUDITORS OF THE COMPANY: COST AUDITOR: M/s Amitabh Agrawal & Co., M/s Sanat Joshi and Associates. Chartered Accountants (Cost Accountant) (Firm Registration No. 006620C) Firm Registration No.: 000506 109, Wallfort Ozone, Fafadih Chowk DD Upadhyay Nagar Gudhiyari Raipur (C.G.) 492001 Raipur, (C.G.) 492001 Annual Report 2025-26 INTERNAL AUDITOR: COMPLIANCE OFFICER: M/s Amit Kumar Agrawal & Co. Priya Namdeo (Chartered Accountant) First Floor, Plot No 63& 66, Firm Registration No.: 024556C Ph No 113 Mother Teresa Ward No. 43, Avanti Vihar, Shankar Nagar Jalvihar Colony Raipur, (C.G.) 492001 Raipur, (C.G.) 492001 Telephone: 0771-4059002 Email: compliance.cs@vrajtmt.in REGISTRAR AND SHARE TRANSFER AGENT: STOCK EXCHANGE LISTING: Bigshare Services Private Limited WEDNESDAY, JULY 03, 2024: Office No S6-2, 6th Floor, • BSE Limited (BSE) Stock Code: 544204 Pinnacle Business Park, next to Ahura Centre BSE Limited, Phiroze Jeejeebhoy Towers, Mahakali Caves Road, Andheri (East) Dalal Street Mumbai - 400 001 Mumbai – 400093 (Maharashtra) Email: info@bigshareonline.com • National Stock Exchange of India Limited Telephone: Phone: +91 22 6263 8222 (NSE) Stock Code: VRAJ Exchange Plaza, C-1, Block G, Bandra BANKER: Kurla Complex, Bandra (E), Mumbai – 400 HDFC Bank Limited 051 BUSINESS ACTIVITY: HOLDING COMPANY: • Sponge Iron M/s Gopal Sponge and Power Private Limited • TMT BAR • MS Billet ASSOCIATE COMPANY: • Power M/s Vraj Metaliks Private Limited QR CODE TO VIEW ANNUAL REPORT: Annual Report 2025-26 DIRECTORS REPORT Dear Shareholders, Your Board of Directors take pleasure in presenting the 22nd Annual Report of Vraj Iron and Steel Limited (“The Company”) on the business and operations of the Company, together with the Audited Financial Statements, prepared in compliance with Ind AS Accounting Standards, for the year ended 31st March, 2026. 1. FINANCIAL SUMMARY AND PERFORMANCE HIGHLIGHTS: The Audited Financial Statements for the Financial Year ended March 31, 2026, forming part of this Annual Report, have been prepared in accordance with the Indian Accounting Standard (hereinafter referred to as “Ind AS”) prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. Necessary disclosures with regard to Ind-AS reporting have been made under the Notes to Financial Statements. The Company’s performance during the financial year under review as compared to the previous financial year is summarized below: (Rs. in Millions) Particulars Consolidated Standalone Year Ended Year Ended Year Ended Year Ended 31-Mar-2026 31-Mar-2025 31-Mar-2026 31-Mar-2025 Total Income 5966.01 4788.60 5966.01 4788.60 Less: Expenditure 5333.21 4143.67 5333.21 4143.67 Profit before Depreciation 632.8 644.93 632.8 644.93 Less: Depreciation 228.70 79.29 228.70 79.29 Profit before Tax 428.88 588.20 404.10 565.65 Provision for Taxation 108.83 147.33 108.83 147.33 Profit after Tax 320.05 440.87 295.27 418.31 Other Comprehensive Income 8.60 15.56 [Showing first 8,000 characters — download PDF for full document]