Vraj Iron and Steel Limited have informed the Exchange regarding Corrigendum to Annual Report for the FY 2024-25.
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Vraj Iron and Steel has issued a corrigendum to its FY 2024-25 Annual Report to fix a clerical error on page 87. The disclosure showing the post-IPO change in promoter shareholding had the share counts and percentages of the two promoter entities swapped. Originally, Gopalsponge and Power Private Limited was incorrectly shown as holding 55,55,500 shares (22.47% in FY24, 16.84% in FY25), while V A Transport Private Limited was shown as holding 1,79,82,900 shares (72.74% in FY24, 54.52% in FY25). The corrected version reverses these: Gopalsponge and Power actually holds 1,79,82,900 shares (72.74% / 54.52%), and V A Transport holds 55,55,500 shares (22.47% / 16.84%). The company has apologised for the error and stated that all other parts of the Annual Report remain unchanged. The corrected version has also been uploaded to the company's website.
This is purely an administrative correction — the actual shareholding numbers and total promoter stake do not change, only the names matched to those numbers were misprinted. No material impact on the company's financials, ownership structure, or shareholder value.