The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kumar Kaushik
VSTL · price
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Mr. Vijay Kumar Kaushik, Promoter and Director of Vibhor Steel Tubes Ltd, acquired 7,350 equity shares (0.04% of paid-up capital) through an open market transaction on NSE on June 8, 2026, at a price of Rs. 116.13 per share. This is a disclosure under Regulation 29(2) of the SEBI Takeover Regulations. Post-acquisition, his holding in the company rose from 41,47,304 shares (21.87%) to 41,54,654 shares (21.91%). The shares carry no encumbrance (no pledge). The total share capital of the company remains 1,89,62,443 equity shares of Rs. 10 each.
The acquisition is small in size (just 0.04% increase), so the direct impact on the stock price is likely negligible. However, it signals continued promoter confidence in the company, as an insider has chosen to increase their stake in the open market.