Vardhman Special Steels Ltd to invest Rs. 475 crores for expansion

The Board of Directors of Vardhman Special Steels Ltd in its meeting held today i.e., Monday, the 224 December, 2025, has approved the proposal for setting up a manufacturing unit for forging of steel, meant for automobile industry, in the State of Punjab.

This represents a forward integration of our existing steelmaking operations, offering a comprehensive, one-stop solution for automotive OEs, backed by Japanese-quality standards.

The investment required is Rs. 475 crores.

Shares of Vardhman Special Steels Limited was last trading in BSE at Rs. 292.05 as compared to the previous close of Rs. 296.25. The total number of shares traded during the day was 4760 in over 251 trades.

The stock hit an intraday high of Rs. 303.35 and intraday low of 290.00. The net turnover during the day was Rs. 1419250.00.

Source : Equity Bulls

Keywords

VardhmanSpecialSteels INE050M01012 VSSL Expansion Capex Investment