Announcement under regulation 30 (LODR)for Change of segment from Multiple segment to Single segment from FY 2025-26 and thereafter
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VMS Industries has changed how it reports its business segments, moving from multiple reportable segments to a single segment starting from FY 2025-26 (effective 30th June 2025). The company says its Audit Committee, which acts as the Chief Operating Decision Maker, now reviews the business as a whole without splitting it into different segments. Its operations have been consolidated into one integrated line of business covering manufacturing of iron and steel scrap and trading of IT. The company has clarified that this is purely a reporting change and does not affect its actual financial position or performance. Historical numbers will be regrouped to match the new presentation.
Investors will no longer see a split of revenue or profits across different business segments in future quarterly results, which reduces visibility into how each business line is performing. There is no change to the company's underlying business or financials — it is an accounting classification update only.