Vibhor Steel Tubes promoter Vijay Kaushik buys 5,000 shares

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Promoter Vijay Kumar Kaushik bought 5,000 shares on NSE
  • Total stake rises to 42,05,000 shares or 22.18%
  • Purchase price was ₹112.6227 per share
  • No encumbrances or pledges on the shares
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49875848

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

Promoter and director Vijay Kumar Kaushik acquired 5,000 equity shares of Vibhor Steel Tubes through an open market transaction on September 1, 2026. The purchase raises his total holding to 42,05,000 shares, representing 22.18% of the company’s paid-up capital.

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.

Transaction Details

The shares were purchased at a price of ₹112.6227 per share. Prior to this acquisition, Kaushik held 42,00,000 shares, constituting 22.15% of the total voting capital. The company’s total equity share capital remains at ₹18,96,24,430, divided into 1,89,62,443 equity shares of ₹10 each.

Metric Before Acquisition After Acquisition
Shares Held 42,00,000 42,05,000
Stake Percentage 22.15% 22.18%
Encumbrances NIL NIL

No warrants, convertible securities, or other instruments entitling the acquirer to receive shares carrying voting rights were involved in the transaction. There are no encumbrances, pledges, or liens on the acquired shares.

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+1.00%+1.58%-3.55%-30.11%0.0%

Will this incremental stake consolidation signal a potential open offer or further aggressive accumulation by Vijay Kumar Kaushik in the coming quarters?

How might this insider buying activity influence retail investor sentiment and short-term trading volume for Vibhor Steel Tubes on the NSE?

Does the acquisition at ₹112.62 suggest management views the current valuation as undervalued relative to the company's projected earnings growth?

Vibhor Steel promoter Vijay Kaushik buys 15,000 shares on NSE

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Vibhor Steel Tubes promoter Vijay Kumar Kaushik bought 15,000 shares on August 31, 2026
  • The open market transaction was executed on the NSE at an average price of ₹111.61 per share
  • Kaushik's total stake rose to 22.15%, holding 42,00,000 shares post-acquisition
  • The promoter's holding remains unencumbered with no pledge or lien reported
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49787076

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

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.

Metric Value
Shares Acquired 15,000
Price Per Share ₹111.61
Pre-Acquisition Stake 22.07% (41,85,000 shares)
Post-Acquisition Stake 22.15% (42,00,000 shares)
Encumbrance Nil

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.

Historical Stock Returns for Vibhor Steel Tubes

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+1.00%+1.58%-3.55%-30.11%0.0%

Will this incremental stake consolidation signal broader promoter confidence in Vibhor Steel Tubes' near-term growth trajectory?

How might the unpledged status of the promoter's shares influence the company's credit rating and borrowing costs?

Could this open market acquisition indicate a strategic move to stabilize share price volatility ahead of upcoming quarterly results?

More News on Vibhor Steel Tubes

1 Year Returns:-30.11%