Vibhor Steel Tubes Limited promoter and director Vijay Kumar Kaushik increased his stake in the company by acquiring 2,100 equity shares through an open market transaction on June 12, 2026. The acquisition raised Kaushik's total holding to 21.99% of the paid-up capital. The shares were purchased at a price of ₹119.5342 per share on the National Stock Exchange (NSE).

The disclosure was submitted to the BSE Limited and NSE on June 13, 2026, in compliance with Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing detailed the change in shareholding and the mode of acquisition. Prior to this transaction, Kaushik held 41,68,300 shares, representing 21.98% of the company's equity.

Following the acquisition, the promoter's total shareholding stands at 41,70,400 equity shares. The total equity share capital of Vibhor Steel Tubes Limited remains at ₹18,96,24,430, divided into 1,89,62,443 equity shares of ₹10 each. There were no changes in the encumbered shares or other convertible instruments held by the acquirer.

The following table outlines the details of the shareholding change:

The transaction was executed solely on the NSE. Kaushik confirmed that there are no shares held under encumbrance or any other instruments that entitle him to additional voting rights. The company's total diluted share capital remains unchanged post-acquisition.

Vibhor Steel Tubes has approved the incorporation of a wholly-owned subsidiary named Viyom Steel Infra Private Limited to expand its presence in the infrastructure sector. The Board of Directors approved the proposal during a meeting held on June 4, 2026. The new entity will be established in Hisar, Haryana, and will specialize in manufacturing high-quality steel products such as transmission towers, monopoles, crash barriers, octagonal poles, High Mast Poles, and pre-fab structures.

The incorporation is subject to approval from the Ministry of Corporate Affairs. Vibhor Steel Tubes Limited will subscribe to the entire initial paid-up share capital of the subsidiary, amounting to ₹10,00,000, through cash consideration. This investment ensures 100% shareholding and control by the parent company. The filing was made in compliance with Regulation 30 of the SEBI (LODR) Regulations 2015.

Details of the Wholly-Owned Subsidiary

The subsidiary will operate under the Steel Products industry. Its primary business will involve serving the infrastructure sector exclusively. The following table outlines the key details of the incorporation:

The company stated that the move aligns with its strategic objectives to strengthen its product offerings for infrastructure development.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0QTF01015/537680e05ea644a9.pdf