Vibhor Steel Tubes Limited — Important, 24-04-2025: General Updates

Vibhor Steel Tubes Ltd. has updated stakeholders regarding the operational timeline for Unit III in Odisha. The commencement of commercial production, initially expected by the end of March 2025, has been delayed due to challenges in securing an electricity connection from the contractor. The new expected start date for operations is now set for May 15, 2025. The company is actively coordinating with relevant authorities to resolve these issues and will provide further updates as necessary. This delay could impact short-term production targets, and investors should remain observant of communication from the management.