BSEAGM/EGM5d ago · 31 Aug 2026, 06:00 pm

Please refer the enclosed Postal Ballot Notice of the Company under Regulation 30 of LODR.

Vedanta Iron And Steel Ltd · 544784

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Vedanta Iron And Steel Ltd has announced a Postal Ballot Notice seeking approval of shareholders for various resolutions, including the appointment of auditors, employee stock option plans, and related party transactions.

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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern6/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10

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Vedanta Iron And Steel Ltd - 544784 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

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VISL/SEC./SE/2026-27/33 August 31, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scrip Code: VISL Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended – Postal Ballot Notice Dear Sir/Ma’am Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit a copy of Postal Ballot Notice (“Notice”) dated August 31, 2026, seeking approval of the Members of the Company in respect of the below mentioned resolutions through remote e-voting process (“e-voting”) only: Sr. No. Particulars Type of Resolution 1. Appointment of M/s S.R. Batliboi & Co. LLP, Chartered Accountants as the Ordinary Statutory Auditors of the Company 2. To consider and approve ‘Vedanta Iron And Steel Limited – Employee Stock Special Option Plan 2026’ and its implementation through Trust 3. To consider and approve extension of ‘Vedanta Iron And Steel Limited – Special Employee Stock Option Plan 2026’ to the employees of the holding company and subsidiary company(ies) of the Company 4. To consider and approve secondary acquisition of shares through Trust for the Special implementation of ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ 5. To consider and approve provision of money by the Company for purchase of Special its own Shares through the Trust under the ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ 6. To consider and approve ‘Vedanta Iron And Steel Limited – Employee Share Special Purchase Plan 2026’ and its implementation through Trust 7. To consider and approve extension of ‘Vedanta Iron And Steel Limited – Special Employee Share Purchase Plan 2026’ to the employees of the holding company and /or subsidiary company(ies) of the Company 8. To consider and approve secondary acquisition of shares through Trust route Special for the implementation of ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 9. To consider and approve provision of money by the Company for purchase of Special its own Shares through the Trust under the ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ 10. To consider and approve material related party transaction(s) between the Ordinary Company and certain Identified Related Parties of the Company 11. To consider and approve material related party transaction(s) between Sesa Ordinary Resources Limited (“SRL”), a material subsidiary of the Company and certain Identified Related Parties of the Company 12. To consider and approve material related party transaction(s) between Sesa Ordinary Mining Corporation Limited (“SMCL”), a material subsidiary of the Company and certain Identified Related Parties of the Company 13. To consider and approve material related party transaction(s) between Bloom Ordinary Fountain Limited (“BFL”), a material subsidiary of the Company and certain Identified Related Parties of the Company 14. To consider and approve material related party transaction(s) between ESL Ordinary Steel Limited (“ESL”), a material subsidiary of the Company and certain Identified Related Parties of the Company 15. To consider and approve material related party transaction(s) between Ordinary Western Cluster Limited (“WCL”), a material subsidiary of the Company and certain Identified Related Parties of the Company 16. To consider and approve material related party transaction(s) between Desai Ordinary Cement Company Private Limited (“DCCPL”), a material subsidiary of the Company and certain Identified Related Parties of the Company The aforesaid Notice is being sent electronically to those Members whose names appear in the Register of Members or Register of Beneficial Owners maintained by the Depositories as on the cut-off date i.e., Friday, August 28, 2026 (“Cut-off Date”) received from the Depositories and whose e-mail addresses are registered with the Company / M/s. KFin Technologies Limited (“KFin”) / Depositories / Depository Participants (“DPs”). The voting rights of the Members shall be in proportion to their share of the paid-up equity share capital of the Company as on the cut-off. The Company has engaged the services of KFin for providing e-voting facility to all its Members. The details of the procedure to cast the vote forms part of the ‘Notes’ section of the Notice. The Postal Ballot e-voting facility will be available during the following period: Commencement of e-voting Tuesday, September 01, 2026, at 09:00 am End of e-voting Wednesday, September 30, 2026, at 05:00 pm Members may note that the Notice will also be available on the Company’s website at www.vedantaironandsteel.com, website of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively and on the website of KFin at KFintech eVoting System | Login. VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 We request you to please take the above on record. Thanking You, Yours faithfully, For VEDANTA IRON AND STEEL LIMITED Tina Lakhani Company Secretary & Compliance Officer Membership No.: A 34723 Encl.: As above VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 VEDANTA IRON AND STEEL LIMITED CIN: L24109MH2023PLC411777 Regd. Office: Vedanta Iron And Steel Limited, C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra – 400 093 Telephone No.: +91 832 6713601 | E-mail: visl.cs@vedanta.co.in | Website: www.vedantaironandsteel.com POSTAL BALLOT NOTICE (Pursuant to Sec(cid:415)on 108 and 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administra(cid:415)on) Rules, 2014) Dear Members, No(cid:415)ce is hereby given that the resolu(cid:415)ons set out below are proposed for approval by the members of Vedanta Iron And Steel Limited (the “Company”) by means of Postal Ballot through remote e-vo(cid:415)ng process (“e-vo(cid:415)ng”) being provided by the Company to all its members to cast their votes electronically, pursuant to Sec(cid:415)ons 108 and 110 of the Companies Act, 2013 (the “Act”) read with Rules 20 and 22 of the Companies (Management and Administra(cid:415)on) Rules, 2014 (the “Rules”) and other applicable provisions of the Act and the Rules made thereunder [including any statutory amendment(s), modifica(cid:415)on(s) or re-enactment thereof, for the (cid:415)me being in force] and in accordance with the guidelines issued by the Ministry of Corporate Affairs (“MCA”) through General Circular No. 03/2025 dated September 22, 2025 issued by Ministry of Corporate Affairs (“MCA”) read together with previous circulars issued by MCA in this regard (“MCA Circulars”) and other applicable laws, Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI Lis(c [Showing first 8,000 characters — download PDF for full document]