- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports, and supplies steel pipes and tubes to various heavy engineering industries in India.
Vibhor Steel Tubes' subsidiary, Viyom Steel Infra, acquired 14.21 acres in Hisar for Rs. 20.08 Cr. This strategic land purchase will establish a manufacturing facility for infrastructure products like transmission towers and poles, driving future business expansion.
Vibhor Steel Tubes' board approved an INR 20 Cr unsecured loan to its wholly-owned subsidiary, Viyom Steel Infra. This capital will fuel Viyom's expansion into manufacturing infrastructure products like transmission towers, targeting new growth avenues. Interest rate: 9.5%.
VIBHOR STEEL TUBES (VSTL) Promoter & Director Mr. Vijay Kumar Kaushik purchased 2,000 equity shares through an open market transaction. This acquisition, valued at approximately Rs. 2.14 lakh, increased his total shareholding in the company from 22.03% to 22.04%. A key insider slightly boosted their stake.
Vibhor Steel Tubes reported a 20% revenue increase in Q1, primarily from its Jharsuguda plant's established products. Management highlighted robust order books across all units for pipes, crash barriers, and new products like transmission line towers (TLT) and poles. Jharsuguda's new lines for TLT and poles are seeing strong demand,...