Vibhor Steel Tubes Limited promoter and director Vijay Kumar Kaushik has increased his equity stake in the company by acquiring 5,000 shares through open market transactions. The purchases were executed on the National Stock Exchange of India Limited (NSE) on August 14 and August 17, 2026, bringing his total holding to 41,75,400 shares. This represents a 22.02% stake in the company’s total paid-up capital.

The acquisition was made in compliance with Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kaushik purchased 2,000 shares on August 14 at a price of ₹107.77 per share and 3,000 shares on August 17 at ₹106.42 per share. The disclosure was filed with the Department of Corporate Affairs at BSE Limited and the Listing Department at NSE on August 18, 2026.

Shareholding Structure

Prior to these transactions, Kaushik held 41,70,400 shares, constituting a 21.99% stake in Vibhor Steel Tubes Limited. There were no encumbrances, pledges, or liens on his existing holdings. Following the acquisition, his total voting rights remain unencumbered. The company’s total equity share capital stands at ₹18,96,24,430, divided into 1,89,62,443 equity shares of face value ₹10 each.

Transaction Details

The open market purchases reflect a modest increase in promoter confidence without triggering any substantial takeover thresholds under SEBI regulations. The average transaction price indicates stable valuation levels for the stock during the acquisition window. No convertible securities, warrants, or other instruments entitling the acquirer to receive shares were involved in the transaction. The total diluted share capital remains unchanged at 1,89,62,443 equity shares.

Kaushik, based in Hisar, Haryana, continues to serve as a Director and Promoter of the company. The disclosure confirms that no persons acting in concert (PAC) were involved in this specific acquisition. The company secretary and compliance officer have been copied on the regulatory filing for record-keeping purposes.

Vibhor Steel Tubes promoter and director Vijay Kumar Kaushik has further increased his stake in the company by acquiring 2000 equity shares through an open market transaction. The purchase was executed on the National Stock Exchange of India Limited (NSE) on August 18, 2026.

The acquisition brings Kaushik's total holding to 41,77,400 shares, representing 22.03% of the company's total paid-up capital. Prior to this transaction, his holding stood at 41,75,400 shares, or 22.02% of the equity capital.

Transaction Details

The share acquisition was made in a single tranche on the NSE. The details of the transaction are as follows:

The company's total equity share capital remains at ₹18,96,24,430, divided into 1,89,62,443 equity shares of ₹10 each. There are no encumbrances, pledges, or liens on the shares held by Kaushik.

Regulatory Disclosure

The acquisition was disclosed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed with both the BSE Limited and the National Stock Exchange of India Limited on August 19, 2026.

What the Numbers Show

The acquisition was executed at a price of ₹106.82 per share. The purchase of 2000 shares represents a marginal increase of 0.01 percentage points in the promoter's holding, indicating a routine consolidation of stake rather than a significant change in control structure.