Vibhor Steel Tubes Limited disclosed that promoter Mr. Vijay Kumar Kaushik acquired 4,000 equity shares (0.02%) through NSE on March 13, 2026, at Rs. 113.82 per share. This increased his shareholding from 40,13,580 shares (21.17%) to 40,17,580 shares (21.19%), following another recent promoter acquisition by Mrs. Pratima Sandhir.
Vibhor Steel Tubes Limited has disclosed another acquisition of equity shares by a promoter group member in compliance with regulatory requirements. Mr. Vijay Kumar Kaushik, who serves as Director and Promoter of the company, acquired additional equity shares through open market transaction on March 13, 2026.
Share Acquisition Details
The acquisition involved 4,000 equity shares, representing 0.02% of the company's total paid-up capital. The transaction was executed on March 13, 2026, through the National Stock Exchange of India Limited at a price of Rs. 113.82 per share.
Parameter: Details Acquirer: Mr. Vijay Kumar Kaushik Position: Director & Promoter DIN: 02249672 Shares Acquired: 4,000 Percentage: 0.02% Transaction Date: March 13, 2026 Exchange: NSE Price per Share: Rs. 113.82
Shareholding Pattern Changes
The acquisition resulted in significant changes to Mr. Vijay Kumar Kaushik's shareholding pattern in the company. His total holding increased following the open market purchase, making him one of the major promoters.
Holding Period: Number of Shares Percentage Before Acquisition: 40,13,580 21.17% Shares Acquired: 4,000 0.02% After Acquisition: 40,17,580 21.19%
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 indicate continued confidence in the company's prospects.
Regulatory Compliance
The company has fulfilled its disclosure obligations under SEBI regulations. Mr. Kaushik filed the disclosure under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Compliance Details:
Disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Notifications sent to BSE Limited (Scrip Code: 544124) and National Stock Exchange of India Limited (Symbol: VSTL)
Company's equity share capital remains unchanged at Rs. 18,96,24,430 divided into 1,89,62,443 equity shares of Rs. 10 each
Company Information
Vibhor Steel Tubes Limited operates with its registered office in Hisar, Haryana. Mr. Kaushik's registered address is at 1553, Moti Nagar, Thandi Sarak, Hisar, Haryana. The disclosure was communicated to both major stock exchanges where the company's shares are listed.
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.
Transaction Parameter: Details Number of Shares: 6,000 Transaction Date: March 12, 2026 Exchange: NSE Price per Share: Rs. 114.30 Transaction Type: Open Market Purchase
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.
Shareholding Details: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 3,41,010 3,47,010 +6,000 Percentage Holding: 1.80% 1.83% +0.03% Voting Rights: 1.80% 1.83% +0.03%
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.
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