Venus Pipes & Tubes Limited — QIP/Rights/Pref., 19-06-2025: Conversion

Venus Pipes & Tubes has announced a board meeting on June 19, 2025. Two promoter warrants holders converted 61,000 warrants into 60,000 equity shares at Rs. 1700 each, raising Rs. 7.78 Cr. Post-allotment, the paid-up capital rose to Rs. 20.49 Cr, totaling 2.05 crore shares. This conversion boosts promoter holding through equity infusion, strengthening the company’s capital base.