Vibhor Steel Tubes Limited has announced the receipt of a new work order worth approximately ₹7.43 crores for the supply of metal crash barriers. The order was secured from YNM Pan Global Trade Private Limited on December 15, 2023, marking a significant business development for the steel manufacturer.

Order Details and Specifications

The contract involves the supply of Metal Crash Barrier W Beam products, as specified in Purchase Order YNM/PO-348 dated December 15, 2023. The order details are structured as follows:

Regulatory Compliance and Disclosure

Vibhor Steel Tubes has fulfilled its regulatory obligations by making the announcement pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made on December 16, 2023, in compliance with SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2022.

Key compliance aspects of the order include:

• The transaction does not involve any related party considerations
• No promoter or group company interest exists in the awarding entity
• The order represents a standard commercial arrangement with a domestic entity

Company Operations and Manufacturing Presence

Vibhor Steel Tubes Limited operates from its registered office in Hisar, Haryana, and maintains manufacturing facilities across three states. The company's production units are strategically located in:

• Maharashtra: Pipe Nagar (Village Sukeli), NH-17 BKG Road, Via-Nagothane, Tehsil Roha, District Raigad
• Telangana: Survey No. 515/516, Udithyala Village, Balanagar Mandal, Mahabubnagar District
• Odisha: Plot No. 45, Podbahal, Bhasma-42, Sadar Sundargarh, Sundargarh District

Business Impact

This order represents a substantial addition to Vibhor Steel Tubes' order book, demonstrating the company's capabilities in manufacturing specialized steel products for infrastructure applications. Metal crash barriers are essential safety components used in highway and road construction projects, indicating the company's participation in India's infrastructure development sector.

The announcement was signed by Mrs. Pallavi Aggarwal, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed in the disclosure process.

Vibhor Steel Tubes Limited has announced securing a new work order worth approximately ₹3.52 crores from Surich Industries LLP for the supply of metal crash barriers. The order represents a significant addition to the company's order book and strengthens its presence in the infrastructure safety segment.

Order Details and Specifications

The work order encompasses the supply of Metal Crash Barrier Thrie Beam products, which are essential safety components used in highway and road infrastructure projects. The order details are outlined in the following table:

Corporate Governance and Compliance

Vibhor Steel Tubes Limited has confirmed that this order maintains full compliance with regulatory requirements and corporate governance standards. Key compliance aspects include:

• No promoter or promoter group interest in the awarding entity
• No related party transactions involved
• Arms-length transaction basis maintained
• Full disclosure as per SEBI regulations

The company has made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.

Strategic Significance

This order reinforces Vibhor Steel Tubes Limited's capabilities in manufacturing specialized steel products for infrastructure applications. The metal crash barrier segment represents an important vertical for the company, particularly given the ongoing focus on highway development and road safety infrastructure across India.

The company operates manufacturing facilities across multiple states including Maharashtra, Telangana, and Odisha, providing it with strategic geographic coverage to serve diverse markets efficiently. This new order from Surich Industries LLP demonstrates the company's ability to secure business from established industry players in the infrastructure sector.

Financial Impact

The ₹3.52 crore order value represents a meaningful addition to the company's revenue pipeline. While the specific timeline for order execution has not been disclosed, the domestic nature of the order ensures streamlined logistics and delivery processes. The order strengthens the company's position in the specialized steel products segment and contributes to its overall business growth trajectory.