The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kumar Kaushik
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Vijay Kumar Kaushik, Promoter and Director of Vibhor Steel Tubes Limited, acquired 5,000 equity shares through an open market transaction on NSE on 9 March 2026 at Rs. 106.244 per share. This purchase represents just 0.03% of the company's total paid-up capital, raising his holding marginally from 21.10% (40,01,430 shares) to 21.13% (40,06,430 shares). The disclosure was filed under Regulation 29(1) and 29(2) of the SEBI Takeover Regulations. The transaction is small in size and does not materially change the promoter's stake in the company.
This is a minor open market purchase by a promoter, signalling modest confidence but with negligible impact on overall shareholding pattern or stock price. Investors should note it as a routine insider disclosure rather than a meaningful change in promoter control.