VISA Steel Limited held an Extra-ordinary General Meeting (EOGM) on November 2, 2025, at 12:00 PM via Video Conferencing, adhering to the guidelines set forth by the Ministry of Corporate Affairs and SEBI. The meeting was chaired by Mr. Vishambhar Saran, the Chairman of the Company, who confirmed the presence of the required quorum and introduced key personnel attending remotely. During the EOGM, Ms. Amisha Chaturvedi Khanna, the Company Secretary, provided an overview of the meeting procedures and explained the voting options available to members.

During the meeting, one major resolution was addressed—the issuance of up to 5,00,00,000 warrants convertible into equity shares to VISA Industries Limited, a member of the promoter group, on a preferential basis. This issuance is part of a strategic move to bolster the company's finances and enhance shareholder value. The notice of the EOGM, dated October 4, 2025, along with a corrigendum published on October 30, 2025, was read and discussed, and members were informed about the availability of important documents for inspection via Kfin Technologies Limited's e-voting system.

The voting process was facilitated through remote e-voting prior to the meeting and a polling option during the EOGM, which remained open for 15 minutes post-meeting. The company is expected to submit the voting results and the Scrutinizer's report by November 4, 2025, in compliance with SEBI regulations. The EOGM concluded at 12:29 PM, with a vote of thanks from the Company Secretary, marking a significant step in VISA Steel's corporate governance and capital management strategies.