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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vibhor Steel Tubes Limited filed a disclosure under SEBI Takeover Regulations stating that promoter and director Vijay Kumar Kaushik bought 6,000 equity shares (0.03% of paid-up capital) through an open market transaction on NSE on March 10, 2026, at Rs. 110.964 per share. After this purchase, his holding in the company has risen from 406,430 shares (21.13%) to 412,430 shares (21.16%). The total paid-up equity capital of the company stands at Rs. 18.96 crore divided into 1,89,62,443 equity shares of Rs. 10 each. No encumbrance (pledge/lien) details were disclosed, with that field showing NIL. This is a routine, very small increase in an individual promoter's existing stake.
This is a minor, incremental open-market purchase by a promoter and signals continued confidence, but the size is too small (just 0.03%) to materially move the stock or affect shareholder value. Retail investors should view this as a neutral to mildly positive sign of insider confidence rather than a significant event.