Vedanta Iron and Steel MD, chairman, board of directors and AGM
NSE: VISLBSE: 544784Ferrous MetalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹27.15.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹10,253 Cr536th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- No full year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Jun 2026
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,25,79,40646.9% delivered
Vedanta Iron and Steel board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonAnil Kumar AgarwalRelated to the promoter
- Company Secretary and Compliance OfficerTina Lakhani
6 directors3 independent1 executive2 non-executive
- Anil Kumar Agarwal · ChairpersonNon-executive · joined May 2026 · 6 listed boards
- Pankaj Kumar SharmaExecutive · joined May 2026 · 1 listed board · 1 committee seat
- Aniruddha N JoshiNon-executive · joined May 2026 · 1 listed board · 1 committee seat
- Dibyendu BoseIndependent · joined May 2026 · reappointed May 2026 · 2 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Vadalur Subramanian RadhakrishnanIndependent · joined May 2026 · reappointed May 2026 · 2 months as independent · 3 listed boards · 2 as independent · 2 committee seats, 2 as chair
- Dr Shabnam SinhaIndependent · joined May 2026 · reappointed May 2026 · 2 months as independent · 3 listed boards · 3 as independent · 1 committee seat, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Pankaj Jha, left 1 May 2026: Others
- Rahul Trivedi, left 1 May 2026: Others
- Navin Kumar Jaju, left 1 May 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 9 Jun 20266 of 6 present3 independent · 40 days in between
- 29 Apr 20262 of 3 present0 independent · 8 days in between
- 20 Apr 20262 of 3 present0 independent · 57 days in between
- 21 Feb 20263 of 3 present0 independent
Audit Committee
Chair Vadalur Subramanian Radhakrishnan
Dr Shabnam Sinha, Dibyendu Bose
No meeting listed in the filing.
Nomination and remuneration committee
Chair Dr Shabnam Sinha
Vadalur Subramanian Radhakrishnan, Anil Kumar Agarwal
- 9 Jun 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Dr Shabnam Sinha
Dibyendu Bose, Aniruddha N Joshi, Pankaj Kumar Sharma
No meeting listed in the filing.
Risk Management Committee
Chair Vadalur Subramanian Radhakrishnan
Dr Shabnam Sinha, Dibyendu Bose
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Dibyendu Bose
Dr Shabnam Sinha, Aniruddha N Joshi
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- S.R. Batliboi & AssociatesPeer-review certificate valid to Jul 2026
1 earlier auditor
- Haribhakti & Co. LLPNamed in the filing for the quarter to Mar 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Vedanta Iron and Steel AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Vedanta Iron and Steel share news and announcements
Postal ballot, 30 Sep 2026
23,03,947 shareholders on the register on 28 Aug 2026; votes counted by SHIVARAM BHAT / SHIVARAM BHAT.The company's voting result (opens in a new tab)
- Appointment of M/s S.R. Batliboi & Co. LLP, Chartered Accountants as the Statutory Auditors of the CompanyOrdinary99.95% for0.05% against
Against: promoters 0.00% · institutions 0.33% · other public 0.09%
Turnout: all 69.56% · promoters 99.99% · institutions 62.72% · other public 14.11%
- To consider and approve ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ and its implementaion through TrustSpecial96.10% for3.90% against
Against: promoters 0.00% · institutions 29.84% · other public 0.13%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve extension of ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ to the employees of the holding company and subsidiary company(ies) of the CompanySpecial96.08% for3.92% against
Against: promoters 0.00% · institutions 30.02% · other public 0.14%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve secondary acquisition of shares through Trust for the implementation of ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’Special96.10% for3.90% against
Against: promoters 0.00% · institutions 29.84% · other public 0.13%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve provision of money by the Company for purchase of its own Shares through the trust under the ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’Special96.10% for3.90% against
Against: promoters 0.00% · institutions 29.84% · other public 0.14%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ and its implementation through TrustSpecial99.43% for0.57% against
Against: promoters 0.00% · institutions 4.29% · other public 0.13%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve extension of ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ to the employees of the holding company and /or subsidiary company(ies) of the CompanySpecial96.69% for3.31% against
Against: promoters 0.00% · institutions 25.31% · other public 0.14%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve secondary acquisition of shares through Trust route for the implementation of ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’Special99.43% for0.57% against
Against: promoters 0.00% · institutions 4.31% · other public 0.14%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
- To consider and approve provision of money by the Company for purchase of its own Shares through the trust under the ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’Special99.43% for0.57% against
Against: promoters 0.00% · institutions 4.31% · other public 0.14%
Turnout: all 69.57% · promoters 99.99% · institutions 62.83% · other public 14.11%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 30 Sep 2026, 4 fund houses so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appointment of M/s S.R. Batliboi & Co. LLP, Chartered Accountants as the Statutory Auditors of the Company4 for0 against
- To consider and approve ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ and its implementaion through Trust
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance concern: Committee discretion to determine a shorter exercise period. Further, the proposed limit of maximum options per employee under proposed Plan indicates a potential for excessive benefits to a single employee.
- Tata Mutual FundWe do not support ESOPs issued at face value. I this case while the ESOPs are linked to perfromancem, the exercise price is at Face Value. Thus we do not support the resolution.
1 for2 against - To consider and approve extension of ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’ to the employees of the holding company and subsidiary company(ies) of the Company
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance concern: Interlinked with resolution #2.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against - To consider and approve secondary acquisition of shares through Trust for the implementation of ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance concern: Interlinked with resolution #2.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against - To consider and approve provision of money by the Company for purchase of its own Shares through the trust under the ‘Vedanta Iron And Steel Limited – Employee Stock Option Plan 2026’
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliant with law. Governance concern: Interlinked with resolution #2.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against - To consider and approve Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ and its implementation through Trust
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundNon-Compliant with Schedule I, Part C of SEBI SBEB & SE Regulations, 2021: Nomination and Remuneration Committee (NRC) has been given the discretion to alter legally mandated parameters such as Purchase Price, Offer Period and Lock-in period for ESPS.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against - To consider and approve extension of ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’ to the employees of the holding company and /or subsidiary company(ies) of the Company
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliance concern: Interlinked with resolution #6.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against - To consider and approve secondary acquisition of shares through Trust route for the implementation of ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliance concern: Interlinked with resolution #6.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
2 for2 against - To consider and approve provision of money by the Company for purchase of its own Shares through the trust under the ‘Vedanta Iron And Steel Limited – Employee Share Purchase Plan 2026’
Against Edelweiss Mutual Fund, Tata Mutual Fund
- Edelweiss Mutual FundCompliance concern: Interlinked with resolution #6.
- Tata Mutual FundLinked with resolution number 2. We do not support the resolution.
1 for2 against
7 proposals not matched to one resolution
- 2) Approve Vedanta Iron and Steel Limited – Employee Stock Option Plan 2026 and its implementation through Trust1 for0 against
- 3) Approve extension of Vedanta Iron and Steel Limited – Employee Stock Option Plan 2026 to employees of Holding Company and/or subsidiaries1 for0 against
- 4) Approve secondary acquisition of shares through trust route for the implementation of Vedanta Iron and Steel Limited – Employee Stock Option Plan 20261 for0 against
- 5) Approve provision of money to the trust for purchase of company’s own shares by the trust under Vedanta Iron and Steel Limited – Employee Stock Option Plan 20261 for0 against
- 6) Approve Vedanta Iron and Steel Limited – Employee Share Purchase Plan 2026 and its implementation through Trust1 for0 against
- 7) Approve extension of Vedanta Iron and Steel Limited – Employee Share Purchase Plan 2026 to employees of Holding Company and/or subsidiaries1 for0 against
- 9) Approve provision of money to the trust for purchase of company’s own shares by the trust under Vedanta Iron and Steel Limited – Employee Share Purchase Plan 20261 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.