Vardhman Special Steels Limited has informed the Exchange regarding 'Demat Report for the month ended December, 2025.'.
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Vardhman Special Steels Limited has submitted its monthly dematerialization report to the exchanges for December 2025, as required under SEBI Regulation 74(5). A total of 393 equity shares were converted from physical certificates into electronic (demat) form during the month. Of these, 117 shares were dematerialized through NSDL and 276 shares through CDSL. The company cancelled the original physical share certificates after verification and updated its records with the depository as the registered owner. This is a routine compliance filing and does not involve any new issuance or change in share capital.
This is a standard regulatory disclosure with no material impact on the company's financials, share price, or shareholder value. It simply reflects normal movement of shares from physical to electronic form.