Director Acquires Shares in Vibhor Steel Tubes Ltd During Open Market Transaction
Mr. Vijay Kumar Kaushik, a Promoter and Director of Vibhor Steel Tubes Limited (formerly known as Vibhor Steel Tubes Private Limited), has increased his holding through an open market transaction. The acquisition was completed on June 08, 2026.The purchase involved Mr. Kaushik acquiring 7350 equity shares of the company. This transaction resulted in the newly acquired shares constituting 0.04% of the company's total paid up capital.
Mr. Kaushik is identified as a Promoter and holds an existing stake in Vibhor Steel Tubes Limited. His pre-acquisition holding stood at 41,47,304 shares, representing 21.87% of the voting capital. Following the open market acquisition, his total holding increased to 41,54,654 shares, translating to a 21.91% stake in the company.
The details regarding the transaction and shareholding status are summarized below:
| Metric | Before Acquisition | After Acquisition | Details of Transaction |
|---|---|---|---|
| Total Shares Held by Acquirer | 41,47,304 | 41,54,654 | Mr. Vijay Kumar Kaushik |
| Percentage of Voting Capital Held | 21.87% | 21.91% | N/A |
| Shares Acquired | N/A | 7350 | Open Market Transaction |
| Date of Acquisition | N/A | June 08, 2026 | Exchange: NSE; Price per share: Rs. 116.1263/- |
| Total Equity Share Capital (Pre/Post) | Rs. 18,96,24,430 (1,89,62,443 shares of Rs. 10 each) | Rs. 18,96,24,430 (1,89,62,443 shares of Rs. 10 each) | N/A |
VSTL Stock Price Movement
Shares of Vibhor Steel Tubes Limited closed lower today, shedding 0.12% to settle at ₹118.39. Trading concluded with a volume of 10,693 shares recorded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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