The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kaushik
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Vijay Kumar Kaushik, Promoter and Director of Vibhor Steel Tubes Ltd, bought 8,000 equity shares through an open market transaction on NSE on 17-03-2026 at Rs. 108.92 per share. This represents 0.04% of the company's paid-up capital, taking his holding from 40,41,580 shares (21.31%) to 40,49,580 shares (21.35%). The disclosure is filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The total share capital of the company stands at Rs. 18.96 crore divided into 1,89,62,443 equity shares of Rs. 10 each.
This is a small promoter share purchase that signals continued promoter confidence, though the size is too tiny to materially affect stock price. Promoter holding remains well below 50% at 21.35%, and is gradually creeping toward the 25% open offer trigger threshold.