Venus Pipes & Tubes Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Venus Pipes & Tubes' board has approved the financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs. 276.41 Cr and a net profit after tax of Rs. 24.76 Cr.

Additionally, the board approved the allotment of 61,000 equity shares at Rs. 1,700 each to warrant holders who exercised their conversion rights during the quarter. This brings the total shares allotted from warrants to 1,96,000, with 2,24,000 warrants still outstanding and available for conversion. This ongoing process helps the company in its capital raising efforts.