Vibhor Steel Tubes Limited Approves Incorporation of Wholly-Owned Subsidiary in Infrastructure Sector
Vibhor Steel Tubes Limited, previously known as Vibhor Steel Tubes Private Limited, announced on June 4, 2026, that its Board of Directors approved the incorporation of a wholly-owned subsidiary company named Viyom Steel Infra Private Limited.The move positions the company to expand into specialized steel products manufacturing for the infrastructure sector. The new subsidiary will be based in Hisar, Haryana, and is set up to function as a manufacturer of high-quality steel products exclusively catering to infrastructural needs.
Subsidiary's Focus and Operations
The business line of Viyom Steel Infra Private Limited includes items such as transmission towers, monopoles, crash barriers, octagonal poles, High Mast Poles, and Pre-Fab Structures. The subsidiary will carry out specialized manufacturing, focusing entirely on serving the infrastructure market.
Vibhor Steel Tubes Limited will hold 100% of the shareholding and control in Viyom Steel Infra Private Limited. The company confirmed that the consideration for this acquisition is in cash.
The total initial paid-up share capital of the subsidiary is Rs. 10,00,000 (issued at par value).
Key details regarding the new entity are presented below:
| Particulars | Details |
|---|---|
| Name of Subsidiary | Viyom Steel Infra Private Limited |
| Industry | Steel Products |
| Nature of Business | Specialized manufacturer of high-quality steel products for infrastructure (e.g., transmission towers, monopoles) |
| Holding Company | Vibhor Steel Tubes Limited |
| Shareholding Control | 100% by the listed entity |
| Initial Capital Subscription | Rs. 10,00,000 (Cash consideration) |
VSTL Stock Price Movement
Shares of Vibhor Steel Tubes Limited are edging higher to ₹115.85 as of 12:11 PM today, successfully gaining 2.12% in the live market. The equity continues to trade actively with 3,915 shares exchanging hands, moving up from a previous close of ₹113.44.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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