Promoter Acquires Shares in Vibhor Steel Tubes Ltd through Open Market Transaction
Vibhor Steel Tubes Limited, formerly known as Vibhor Steel Tubes Private Limited, saw its promoter and director acquire a small stake in the company via an open market transaction. Mr. Vijay Kumar Kaushik completed the acquisition on June 10, 2026, purchasing 5,446 equity shares of the firm.Mr. Vijay Kumar Kaushik, who holds the position of Director and Promoter at Vibhor Steel Tubes Limited, acquired the shares through an open market transaction. The purchase represented a 0.03% stake in the company’s total paid up capital. At the time of the acquisition, the individual held 41,58,654 shares carrying voting rights. Following the transaction, his holdings increased to 41,64,100 shares.
The details pertaining to Mr. Kaushik's shareholding before and after the open market purchase are presented below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Carrying Voting Rights | 41,58,654 | 41,64,100 |
| Percentage of Total Capital (Voting) | 21.93% | 21.96% |
| Mode of Acquisition | N/A | Open Market |
The transaction took place on June 10, 2026. The price per share for the acquired shares was Rs. 119.0608/-.
Financial status details of Vibhor Steel Tubes Limited regarding the equity structure were reported as follows:
| Status Point | Before Acquisition | After Acquisition |
|---|---|---|
| Equity Share Capital | Rs. 18,96,24,430 | Rs. 18,96,24,430 |
| Number of Equity Shares (of Rs. 10/- each) | 1,89,62,443 | 1,89,62,443 |
| Total Diluted Share/Voting Capital | Rs. 18,96,24,430 | Rs. 18,96,24,430 |
VSTL Stock Price Movement
Shares of Vibhor Steel Tubes Limited today slipped by 1.46% to settle at ₹118.53, ending lower from the previous close. The stock saw a trading volume of 12,519 shares in the market 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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