VSTLNSEVibhor Steel Tubes LimitedHighPositive
Announced Thu, 25 Jun · 17:21 IST

Vibhor Steel Tubes incorporates wholly owned subsidiary Viyom Steel Infra

Strategic Transactions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹116.20
prior close
₹118.80
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AI summary

Vibhor Steel Tubes Limited has incorporated a wholly owned subsidiary named Viyom Steel Infra Private Limited on June 17, 2026, with the Certificate of Incorporation issued by MCA on June 25, 2026. The new subsidiary will manufacture steel products for the infrastructure sector, including transmission towers, monopoles, crash barriers, octagonal poles, high mast poles, and pre-fab structures. Vibhor Steel Tubes subscribed to the entire initial paid-up share capital of Rs. 10 lakh in cash, holding 100% stake.

Likely market impact

New wholly owned subsidiary expands Vibhor Steel's presence into infrastructure-focused steel products. Small initial capital outlay, strategic diversification move.