Vibhor Steel Tubes Limited has announced the receipt of a significant work order worth ₹16.87 crores from Agrawal Infracab Pvt Ltd for the supply of fabricated and galvanised transmission towers. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The steel tube manufacturer secured this domestic order through Purchase Order PO/AGINFRACAB/25-26/078. The contract specifically involves the supply of fabricated and galvanised transmission towers to Agrawal Infracab Pvt Ltd, a leading manufacturer of cables and conductors for overhead power transmission and distribution lines across the country.

Management Commentary

Commenting on the development, Mr Vijay Kaushik, Chairman and Executive Director, Vibhor Steel Tubes, said, "We have been witnessing a buoyant demand for value added steel products backed by a steady growth in infrastructure projects across the country. This order is a testament of our strong manufacturing capabilities and our commitment to deliver high-quality fabricated and galvanised steel towers reinforcing our position as a trusted partner in the fast-growing infrastructure and power transmission sectors."

Production Capacity Enhancement

Vibhor Steel Tubes Limited has achieved a total production capacity of 377,000 MTPA (Metric Tonnes Per Annum), positioning the company to handle substantial infrastructure orders. This enhanced capacity supports the company's ability to meet growing demand in the transmission tower segment and execute large-scale contracts efficiently.

The company commissioned its 1.56 lakh MT greenfield project in Odisha, which entailed a total investment of ₹119.83 crore. The plant offers several value-added steel products such as power transmission line towers, crash barriers, high mast lighting poles, octagonal poles and monopoles.

Business Impact

This order win demonstrates Vibhor Steel Tubes' continued market presence in the transmission tower segment and indicates high demand in the infrastructure sector. The ₹16.87 crore contract represents a substantial addition to the company's order book and reinforces its competitive positioning in supplying specialized fabricated and galvanised infrastructure components.

The partnership with Agrawal Infracab Pvt Ltd highlights the ongoing demand for quality transmission tower products in India's expanding power infrastructure landscape, supporting the company's growth trajectory in this specialized market segment.

Vibhor Steel Tubes Limited has disclosed that promoter group member and Whole Time Director Pratima Sandhir acquired additional equity shares through open market transactions on March 12, 2026. The latest acquisition was disclosed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Latest Transaction Details

Sandhir acquired 6,000 equity shares on March 12, 2026, through the National Stock Exchange of India Limited at a price of Rs. 114.30 per share. This transaction represents 0.03% of the company's total paid-up capital.

Updated Shareholding Pattern

Following the latest acquisition, Sandhir's total shareholding in the company has increased to 1.83%. Her voting rights holding changed from 1.80% to 1.83% after the March 12 transaction.

Company Capital Structure

Vibhor Steel Tubes Limited's equity share capital remains unchanged at Rs. 18,96,24,430, divided into 1,89,62,443 equity shares of Rs. 10.00 each. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance

The disclosure was made by Sandhir in her capacity as Whole Time Director and promoter group member of the company, holding DIN 07756142. The transaction and subsequent disclosure fulfill the requirements under SEBI takeover regulations for substantial acquisition of shares. The regulatory filing was made on March 13, 2026, ensuring compliance with all applicable regulations.