VISA Steel Limited held an Extra-ordinary General Meeting (EOGM) on November 2, 2025, at 12:00 PM, utilizing Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting was convened in compliance with the regulatory guidelines set forth by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). During the session, Company Secretary Amisha Chaturvedi Khanna welcomed participants, outlined the meeting protocols, and explained the remote e-voting process. The Chairman, Mr. Vishambhar Saran, confirmed the presence of a quorum and introduced key management personnel who joined the meeting virtually.

A significant resolution passed during the EOGM was the issuance of up to 5 million warrants convertible into equity shares of the company to VISA Industries Limited, which is a member of the company's promoter group. This preferential issue aims to bolster the company's equity base. The agenda item was categorized as a special resolution, reflecting its importance in the company's strategic planning. After the presentation of the agenda and discussions led by the Chairman, the meeting transitioned to the e-voting process.

The voting results will be submitted to the stock exchanges by November 4, 2025, as per SEBI regulations. Members who did not participate in the remote e-voting, which was available from October 30 to November 1, 2025, were given an additional 15 minutes to cast their votes during the EOGM. The meeting concluded at 12:29 PM, with a vote of thanks from the Company Secretary. This event marks a pivotal step for VISA Steel as it seeks to strengthen its capital structure through strategic financial maneuvers.