Vibhor Steel Tubes Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 26, 2025
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Vibhor Steel Tubes has filed the notice for its 22nd Annual General Meeting to be held on Friday, September 26, 2025 at 12:30 PM in Hisar, Haryana, along with the Annual Report for FY 2024-25. Key business to be transacted includes adoption of audited financial statements, re-appointment of two directors (Mr. Pankaj Kumar Rai and Mrs. Pratima Sandhir) who retire by rotation, ratification of cost auditor remuneration of ₹50,000 per annum, appointment of M/s. KRS & Co. as Secretarial Auditor for five years, and continuation of Mrs. Vijay Laxmi Kaushik as Whole-Time Director beyond age 70. For FY 2024-25, revenue grew modestly to ₹1,11,438 lakhs (up from ₹1,07,271 lakhs), while EBITDA rose 21% to ₹4,672 lakhs and profit after tax jumped 50% to ₹1,771 lakhs. A new manufacturing unit in Odisha (156,000 MTPA capacity) commenced production in June 2025, raising total installed capacity to about 3,56,000 MTPA.
This is a routine annual compliance filing, but it highlights improving profitability (PAT up 50% YoY) and a meaningful capacity expansion with the new Odisha plant coming online. Shareholders should watch for voting on director re-appointments and the new secretarial auditor at the AGM; the EPS dip to ₹9.34 from ₹14.85 likely reflects share count expansion post-IPO rather than a decline in business value.