Venus Pipes & Tubes Limited has informed the Exchange regarding a press release dated May 26, 2026, titled "Commences Commercial Operations of Fittings Facility and Expanded SeamlessPipes / Tubes Capacity".
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Venus Pipes & Tubes has commenced commercial operations at its new fittings facility and commissioned additional seamless pipes/tubes capacity of 4,200 MTPA. The total expansion program now adds 6,000 MTPA of seamless capacity, exceeding the original target of 4,800 MTPA, including 1,800 MTPA commissioned in November 2025. The company also commissioned Mother Hollow Pipes capacity for backward integration. The fittings facility marks forward integration into value-added product categories. These additions strengthen the company's position as a comprehensive stainless steel piping solutions provider serving Power, Oil & Gas, Chemicals, Engineering, Data Centers, and Semiconductor industries.
The expansion boosts production capacity significantly and adds higher-margin value-added products, which could improve the company's product mix and margins. The forward integration strategy may enhance customer engagement and market share across domestic and international markets.