Vibhor Steel Tubes Promoter Group Member Continues Share Acquisition Spree

Vibhor Steel Tubes Limited has received another regulatory disclosure from Mrs. Pratima Sandhir, Whole-Time Director and promoter group member, regarding her continued acquisition of equity shares through open market transactions. Following her previous acquisition of 5000 shares on March 13, 2026, she has now acquired an additional 4000 equity shares on March 16, 2026, demonstrating sustained confidence in the company's prospects.

Latest Share Acquisition Details

The most recent acquisition was completed on March 16, 2026, at Rs. 107.78 per share on the National Stock Exchange. The disclosure was filed on March 17, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details Filing Date: March 17, 2026 Acquisition Date: March 16, 2026 Exchange: National Stock Exchange (NSE) Transaction Price: Rs. 107.78 per share Number of Shares: 4000 Percentage of Capital: 0.02%

Progressive Shareholding Changes

Mrs. Pratima Sandhir's shareholding has increased progressively through these recent acquisitions:

Transaction Period: Shares Held Percentage Voting Capital % Before March 13 Acquisition: 3,47,010 1.83% 1.83% After March 13 Acquisition: 3,52,010 1.86% 1.86% After March 16 Acquisition: 3,56,010 1.88% 1.88% Total Shares Acquired: 9000 0.05% 0.05%

Company Capital Structure

Vibhor Steel Tubes Limited's equity share capital structure remains unchanged following these transactions:

Parameter: Details Total Equity Capital: Rs. 18,96,24,430 Number of Equity Shares: 1,89,62,443 Face Value per Share: Rs. 10 Diluted Share Capital: Rs. 18,96,24,430 divided into 1,89,62,443 equity shares

Regulatory Compliance and Transaction Details

Both transactions were executed through open market purchases with no encumbrances, voting rights other than shares, or convertible securities involved. Mrs. Pratima Sandhir, holding DIN: 07756142, serves as Whole-Time Director and is classified as a person belonging to the promoter group.

The official disclosure documents were signed from Hisar and submitted to both BSE Limited (Scrip Code: 544124) and National Stock Exchange of India Limited (Symbol: VSTL). The Company Secretary & Compliance Officer at the registered office at Plot No. 2, Industrial Development Colony, Delhi Road, Hisar, Haryana, received copies of the filings. These acquisitions represent routine open market transactions by a promoter group member, indicating continued confidence in the company's growth trajectory.

Vibhor Steel Tubes Limited has disclosed a significant acquisition of equity shares by promoter Mr. Vijay Kumar Kaushik in compliance with SEBI regulations. The company filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the open market transaction executed on March 16, 2026.

Share Acquisition Details

Mr. Vijay Kumar Kaushik, who serves as Director and Promoter of the company, acquired 24,000 equity shares representing 0.12% of the company's total paid-up capital. The transaction was executed through the National Stock Exchange of India Limited at a price of Rs. 106.13 per share.

Parameter: Details Acquirer: Mr. Vijay Kumar Kaushik Position: Director & Promoter DIN: 02249672 Shares Acquired: 24,000 Percentage: 0.12% Transaction Date: March 16, 2026 Exchange: NSE Price per Share: Rs. 106.13

Shareholding Pattern Changes

The acquisition resulted in substantial changes to Mr. Kaushik's shareholding pattern in the company. His total holding increased from 40,17,580 shares to 40,41,580 shares, raising his stake from 21.19% to 21.31% of the company's total paid-up capital.

Holding Period: Number of Shares Percentage Before Acquisition: 40,17,580 21.19% Shares Acquired: 24,000 0.12% After Acquisition: 40,41,580 21.31%

Regulatory Compliance and Documentation

The disclosure was filed on March 17, 2026, with both stock exchanges in accordance with regulatory requirements. The documentation was submitted to BSE Limited and National Stock Exchange of India Limited as mandated under SEBI takeover regulations. The company maintains its registered office at Plot No. 2, Industrial Development Colony, Delhi Road, Hisar, Haryana.

Company Structure and Capital

Vibhor Steel Tubes Limited operates with manufacturing units across Maharashtra, Telangana, and Odisha. The 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 BSE Limited and National Stock Exchange of India Limited.

Recent Promoter Activity

This acquisition follows another recent promoter transaction where Mrs. Pratima Sandhir, Whole-Time Director and promoter group member, acquired 2,510 equity shares on March 11, 2026. The consecutive acquisitions by promoter group members demonstrate continued confidence in the company's prospects and strategic direction.

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