Vibhor Steel Tubes Annual General Meeting
Vibhor Steel Tubes Limited held its 23rd Annual General Meeting on September 16, 2026, to discuss financial statements and director remuneration.
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Vibhor Steel Tubes Limited held its 23rd Annual General Meeting on September 16, 2026, to discuss financial statements and director remuneration.
Promoter and Director Vijay Kumar Kaushik purchased 1,800 shares of Vibhor Steel Tubes Ltd for Rs. 2,07,193 via market purchase, increasing his stake marginally.
Promoter Vijay Kumar Kaushik acquired 4,000 equity shares of Vibhor Steel Tubes Limited through the open market. The transaction increased his stake to 22.20%.
Promoter Vijay Kumar Kaushik acquired 5,000 shares of Vibhor Steel Tubes Ltd via open market purchase. This transaction increases his stake from 22.15% to 22.18%.
Vibhor Steel reported strong Q1 FY27 growth, driven by the commissioning of the Odisha plant. Management is aggressively pivoting toward higher-margin infrastructure products like crash barriers and transmission towers to diversify from core piping.
Vibhor Steel Tubes reported 27.16% YoY revenue growth in Q1 FY27, reaching ₹293.69 Cr. Strategy focuses on shifting to value-added infrastructure products like transmission towers and poles.
Vibhor Steel Tubes Ltd reported revenue from operations of ₹293.7 Cr (+27.1% YoY) and net profit of ₹1.9 Cr (-38.7% YoY) for Q1 FY27.