Vardhman Special Steels Opens One-Year Window to Demat Legacy Physical Shares

The latest update is out from Vardhman Special Steels Limited ( (IN:VSSL) ).

Vardhman Special Steels Limited has announced the opening of a special one-year window, from February 5, 2026 to February 4, 2027, to facilitate the transfer and dematerialisation of physical share certificates that were sold or purchased before April 1, 2019. The move, undertaken in line with a recent SEBI circular and coordinated through the company’s registrar Alankit Assignments, is intended to clear pending or previously rejected transfer requests and will require all such securities to be credited in demat form under a one-year lock-in, reinforcing the broader market shift away from physical shares.

The initiative, jointly notified with group entities Vardhman Textiles Limited and Vardhman Holdings Limited, underscores the group’s efforts to align with evolving regulatory norms and improve market efficiency for shareholders. By providing a defined compliance window and strict demat and lock-in conditions, the company aims to reduce legacy paperwork issues, enhance transparency in its shareholding structure and give investors a final opportunity to regularise older physical share transactions.

More about Vardhman Special Steels Limited

Vardhman Special Steels Limited, part of the Vardhman group based in Ludhiana, Punjab, operates in the special steels segment alongside affiliated textile businesses such as yarns, fabrics, threads, garments and fibres. The company focuses on manufacturing and supplying value-added steel products, serving industrial customers while maintaining compliance with Indian securities regulations as a listed entity on BSE and NSE.

Average Trading Volume: 2,226

Technical Sentiment Signal: Hold

Current Market Cap: 24.89B INR

See more insights into VSSL stock on TipRanks’ Stock Analysis page.