Vibhor Steel Tubes acquires 14.21 acres in Hisar for ₹20.08 crore

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Anirudha BScanX News Team
Key Highlights
  • Viyom Steel Infra acquires 14.21 acres in Kalwas, Hisar, for ₹20.08 crore
  • Land will host a new facility for transmission towers, monopoles, and crash barriers
  • Transaction disclosed under SEBI Regulation 30 on August 25, 2026
  • Seller identified as Mukesh S/o Subhash Chander; deal is not a related-party transaction
  • Expansion complements existing units in Maharashtra, Telangana, and Odisha
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Vibhor Steel Tubes subsidiary Viyom Steel Infra has acquired 14.21 acres of land in Hisar for ₹20.08 crore to establish a new manufacturing facility.

Land acquisition details

The acquisition was carried out by Viyom Steel Infra, a wholly owned subsidiary of Vibhor Steel Tubes. The land parcel, spanning 14.21 acres, is located at Kalwas, District Hisar, Haryana, and was purchased from Mukesh S/o Subhash Chander for a total consideration of ₹20.08 crore.

The purchase is part of the company's strategic expansion into infrastructure-related manufacturing activities. The new facility will produce transmission towers, monopoles, crash barriers, octagonal poles, high mast poles, pre-fabricated structures, and other allied products.

The following table summarises the key details of the transaction:

Parameter Details
Acquiring entity Viyom Steel Infra
Parent company Vibhor Steel Tubes
Land area 14.21 acres
Location Kalwas, Hisar, Haryana
Seller Mukesh S/o Subhash Chander
Transaction value ₹20.08 crore
Purpose Infrastructure manufacturing facility

Regulatory disclosure

Vibhor Steel Tubes Limited disclosed the transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agreement states that the land is free from all encumbrances, charges, mortgages, attachments, demands, liens, and trusts. The transaction is not classified as a related-party transaction.

Existing manufacturing footprint

This acquisition adds to Vibhor Steel Tubes' existing manufacturing presence across India. The company currently operates units in:

  • Maharashtra: Pipe Nagar (Vill. Sukeli), NH-17 BKG Road, Via – Nagothane, Teh. Roha, Distt. Raigad
  • Telangana: SY No. 515 & 516, Udithyala (V), Balanagar (M), Mahabubnagar (Dist.)
  • Odisha: Plot No. 45, Podbahal, Bhasma-42, Sadar Sundargarh

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%+4.10%+0.10%-3.44%-28.70%-75.07%

What is the projected timeline for the completion of the new Hisar facility and the commencement of production?

How does this expansion into infrastructure products like transmission towers align with India's current renewable energy and grid modernization initiatives?

Will Vibhor Steel Tubes finance this expansion through internal accruals, debt, or equity, and what is the expected impact on its capital expenditure for the fiscal year?

Vibhor Steel Tubes approves ₹20 crore loan to subsidiary Viyom Steel Infra

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Vibhor Steel Tubes approved a ₹20 crore unsecured loan to subsidiary Viyom Steel Infra
  • The loan carries a 9.5% interest rate with a maximum tenor of 10 years
  • Funds will finance working capital and land purchase for infrastructure manufacturing
  • The transaction was approved at the board meeting held on August 25, 2026
  • Vibhor Steel Tubes holds 100% equity in the borrowing entity
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Vibhor Steel Tubes approved a ₹20 crore loan to its wholly owned subsidiary, Viyom Steel Infra Private Limited, during a board meeting held on August 25, 2026.

The company disclosed the transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The board meeting commenced at 4:00 pm and concluded at 4:25 pm.

Loan Terms and Structure

The agreement involves an unsecured loan facility with specific terms designed to support the subsidiary's operational expansion. Vibhor Steel Tubes will act as the lender, while Viyom Steel Infra serves as the borrower.

Term Detail
Loan Amount ₹20 crore
Interest Rate 9.5%
Tenor Repayable on demand; maximum period of 10 years
Security Nil
Relationship Wholly owned subsidiary (100% shareholding)

The transaction is classified as an arm's length deal. The disclosure confirms that no special rights, such as the appointment of directors or restrictions on capital structure changes, are attached to this loan agreement.

Purpose of Funds

Viyom Steel Infra will utilize the facility amount for working capital requirements and the purchase of land. The land acquisition aims to establish a commercial manufacturing facility for infrastructure-related activities.

Planned manufacturing outputs include:

  • Transmission towers
  • Monopoles
  • Crash barriers
  • Octagonal poles
  • High mast poles
  • Pre-fabricated structures

The subsidiary is currently linked to Vibhor Steel Tubes' broader manufacturing footprint, which includes units in Maharashtra, Telangana, and Odisha.

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%+4.10%+0.10%-3.44%-28.70%-75.07%

How will the new manufacturing facility for transmission towers and poles impact Vibhor Steel Tubes' revenue mix and margin profile over the next 12-24 months?

What is the projected timeline for the land acquisition and construction of the commercial facility, and when does management expect the subsidiary to become cash-flow positive?

Given the unsecured nature of the ₹20 crore loan, how does this capital allocation strategy affect Vibhor Steel Tubes' overall liquidity position and debt-to-equity ratio?

More News on Vibhor Steel Tubes

1 Year Returns:-28.70%