Vibhor Steel Tubes promoter and director Vijay Kumar Kaushik acquired 15,000 equity shares in the company on August 31, 2026. The open market transaction increased his total holding to 42,00,000 shares, representing a 22.15% stake in the firm.

The acquisition was executed on the National Stock Exchange of India Limited. The shares were purchased at an average price of ₹111.61 per share. This move brings his total voting rights to 22.15% of the paid-up capital, up from 22.07% prior to the transaction.

Acquisition Details

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the shares carry voting rights and are not encumbered by any pledge or lien.

What the Numbers Show

The promoter’s incremental investment of approximately ₹16.7 lakh represents a marginal increase in ownership concentration. With no encumbrances reported on the newly acquired or existing shares, the promoter’s net economic interest in the company remains unpledged. The total diluted share capital of the company stands at 1,89,62,443 equity shares of ₹10 each.

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:

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