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 Ltd, bought 1,150 equity shares through an open market transaction on NSE on March 11, 2026, at Rs. 108.968 per share. This acquisition represents just 0.01% of the company's total paid-up equity capital. Following this purchase, his holding increased marginally from 21.16% (40,12,430 shares) to 21.17% (40,13,580 shares). The disclosure has been filed under SEBI's Takeover Regulations, keeping exchanges informed of the small but reported change in promoter ownership.
The transaction is tiny in size and purely symbolic, showing the promoter's continued personal stake in the company. It is unlikely to have any meaningful impact on the stock price or shareholder wealth, but signals promoter confidence at current levels.