Vibhor Steel Tubes Limited — Important, 07-02-2025: General Updates

Vibhor Steel Tubes Ltd. has provided an update regarding the operational timeline of its Unit III located in Odisha. Initially expected to commence operations by the end of January 2025, the plant's launch has been delayed due to issues with securing an electricity connection from the contractor. Currently, the facility is fully equipped and ready for operations, with the electricity connection anticipated to be established shortly. Management now projects that the unit will become operational by the end of March 2025. The company is actively working with authorities to expedite this process, signaling a positive outlook for future operations.