Vraj Iron and Steel Limited (VRAJ) — Board Meeting | 14 July 2026

14 July 2026 · NSE 🟡 Notable Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approved Greenfield steel plant expansion in Chhattisgarh

🔄 What Changed

Added 201,000 TPA sponge iron and billet capacity; ₹450 crores capital investment; 30-month commissioning timeline

🔮 What's Next

Commission within 30 months of groundbreaking

💡 Investor Takeaway

This expansion significantly boosts future production capacity and signals strategic growth in a high-potential region.

Vraj Iron and Steel Limited announced board approval on July 14, 2026, for a Greenfield steel plant in Chhattisgarh with 201,000 TPA sponge iron and billet capacity, 15 MW WHRB and CFBC power plants, and estimated capital investment of ₹450 crores. The project will be funded via internal accruals, equity infusion, and debt, targeting commissioning within 30 months of groundbreaking.

📄 View Original Announcement (PDF)

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About Vraj Iron and Steel Limited (VRAJ)

Metals & Mining · Steel · Listed on NSE

Market Cap: ₹412.61 CrP/E: 11.5ROE: 8.7%ROCE: 11.0%

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📊 More VRAJ filings

Announcement — 24 September 2026Vraj Iron & Steel Ltd announced that its trading window will close on October 1, 2026, and remain cl...
🟡 Voting Results — 16 September 2026At the 22nd AGM held on 12 September 2026, shareholders approved all five resolutions including the ...
🟡 Board Meeting — 12 September 2026Vraj Iron & Steel held its 22nd AGM on September 12, 2026 at Manch Auditorium, Raipur, with 32 membe...
🔴 Announcement — 31 August 2026Vraj Iron & Steel announced it received permanent Environmental Clearance from MoEF&CC for its propo...
🔴 Annual Report — 24 August 2026Vraj Iron and Steel Limited announced that it has dispatched a letter to shareholders who have not r...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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