Venus Pipes & Tubes Annual General Meeting
Venus Pipes has called an EGM on October 08, 2026, to seek shareholder approval for a preferential issue of equity shares worth Rs. 372 Crore.
- Value
- ₹372.0 Cr
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Venus Pipes has called an EGM on October 08, 2026, to seek shareholder approval for a preferential issue of equity shares worth Rs. 372 Crore.
Venus Pipes & Tubes approved a preferential issue of 22.28 lakh equity shares at Rs. 1,670 each, raising Rs. 372 Crore to fund company growth.
Venus Pipes & Tubes shareholders approved the re-appointment of multiple Directors at the 12th Annual General Meeting. These board changes are effective from September 2026.
Venus Pipes & Tubes held its 12th AGM on September 11, 2026. The meeting covered adoption of financial statements, dividend declaration, and appointment of directors.
Venus Pipes & Tubes Ltd announced a Board Meeting on September 16, 2026, to consider fund-raising proposals, including preferential issue and private placement.
Venus Pipes delivered record Q1 FY27 performance with revenue of ₹320.5 Cr and EBITDA of ₹51.5 Cr, driven by capacity expansion and forward integration into fittings and spooling.
Venus reported record Q1FY27 revenue of ₹320.5 Cr (+16% YoY) with 16.1% EBITDA margins. Strategy focuses on forward integration into high-margin pipe spooling backed by a ₹185 Cr order.
Venus Pipes & Tubes Ltd reported revenue from operations of ₹320.5 Cr (+16.0% YoY) and net profit of ₹26.4 Cr (+6.5% YoY) for Q1 FY27.