Vibhor Steel promoter Vijay Kaushik buys 1,800 shares

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Promoter Vijay Kumar Kaushik bought 1,800 shares on September 3, 2026
  • Purchase price was ₹115.1073 per share, totaling ~₹2.07 lakh
  • Promoter stake rose from 22.20% to 22.21% post-acquisition
  • Transaction executed via open market on NSE
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50136002

*this image is generated using AI for illustrative purposes only.

Vibhor Steel Tubes promoter Vijay Kumar Kaushik acquired 1,800 equity shares in the company on September 3, 2026, through an open market transaction on the National Stock Exchange.

The purchase was made at a price of ₹115.1073 per share, bringing the total value of the transaction to approximately ₹2.07 lakh. This acquisition represents 0.01% of the company’s total paid-up capital.

Holding Details

Prior to this transaction, Mr. Kaushik held 42,09,000 shares, constituting 22.20% of the total voting capital. Following the acquisition, his holding increased to 42,10,800 shares, raising his stake to 22.21%.

Metric Before Acquisition After Acquisition
Shares Held 42,09,000 42,10,800
Stake Percentage 22.20% 22.21%

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company’s total equity share capital remains at ₹18,96,24,430, divided into 1,89,62,443 equity shares of ₹10 each.

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.18%+4.47%+7.15%+4.76%-27.55%0.0%

Will this open market purchase signal the promoter's confidence in Vibhor Steel Tubes' near-term stock valuation or upcoming operational milestones?

How might this incremental stake increase influence market sentiment regarding potential future corporate actions like buybacks or dividends?

Are there indications that Vijay Kumar Kaushik plans to consolidate his holding further, or was this transaction primarily for regulatory compliance?

Vibhor Steel promoter Vijay Kaushik acquires 4,000 shares at ₹113.97

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Vijay Kumar Kaushik acquired 4,000 equity shares via open market on September 2, 2026
  • The transaction price was ₹113.97 per share on the NSE
  • His total stake increased from 22.18% to 22.20%, totaling 4,209,000 shares
  • No shares are encumbered with pledge or lien
  • Disclosure filed under SEBI SAST Regulations 2011
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49980056

*this image is generated using AI for illustrative purposes only.

Vibhor Steel Tubes promoter and director Vijay Kumar Kaushik acquired 4,000 equity shares through an open market transaction on September 2, 2026. The purchase raises his total holding to 4,209,000 shares, representing a 22.20% stake in the company.

The acquisition was disclosed under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction took place on the National Stock Exchange of India Limited (NSE).

Transaction Details

Kaushik purchased the shares at a price of ₹113.97 per share. The total voting capital of Vibhor Steel Tubes remains unchanged at ₹18,96,24,430, divided into 1,89,62,443 equity shares of ₹10 each.

Metric Value
Acquirer Vijay Kumar Kaushik
Number of Shares 4,000
Price Per Share ₹113.97
Exchange NSE
Date of Acquisition September 2, 2026

Holding Structure

Before this transaction, Kaushik held 4,205,000 shares, constituting 22.18% of the total paid-up capital. None of these shares were encumbered by pledge or lien. Following the acquisition, his holding increased marginally to 4,209,000 shares, or 22.20% of the total diluted share capital.

The disclosure confirms that there are no warrants, convertible securities, or other instruments entitling the acquirer to receive additional shares carrying voting rights. The promoter group’s control position remains stable with no change in encumbrance status.

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.18%+4.47%+7.15%+4.76%-27.55%0.0%

How might this incremental promoter buying signal influence retail investor sentiment and short-term trading volume for Vibhor Steel Tubes?

Given the stable holding structure, does this purchase indicate confidence in upcoming quarterly earnings or specific operational milestones?

Will the promoter's continued accumulation of shares lead to any changes in the company's dividend policy or capital allocation strategy?

More News on Vibhor Steel Tubes

1 Year Returns:-27.55%