Vibhor Steel Tubes Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Vibhor Steel Tubes Limited has submitted its annual disclosure under SEBI SAST Regulation 31(4), confirming that promoters and members of the promoter group (along with persons acting in concert) have not created any encumbrances or pledges on their shares during the financial year ending March 31, 2026. The filing, signed by promoter Vijay Kaushik, explicitly states that NIL shares are encumbered or pledged as of March 31, 2026. The disclosure covers all 7 entities in the promoter group including Mr. Vibhor Kaushik, Mr. Vijay Kaushik, Mrs. Vijay Laxmi Kaushik, Vijay Kaushik HUF, Mrs. Pratima Sandhir, Vibhor Kaushik HUF, and R N Securities Private Limited.
Positive signal for shareholders — the absence of any pledged shares eliminates risk of forced selling pressure from margin calls and indicates promoters have not leveraged their holdings. This strengthens governance standing.