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Vibhor Steel Tubes Limited approved a loan of Rs 20 crore to its wholly-owned subsidiary, Viyom Steel Infra Private Limited, according to a regulatory filing on Tuesday, August 25, 2026. The loan will be used for working capital requirements and to purchase land for a commercial manufacturing facility for infrastructure-related products, including transmission towers, monopoles, and crash barriers. The interest rate is 9.5%, repayable on demand with a maximum period of 10 years, and the transaction is considered an arm’s length related party transaction.

Vibhor Steel Tubes Limited announced that its wholly owned subsidiary, Viyom Steel Infra Private Limited, has entered into an agreement to acquire 14.2125 acres of land in Kalwas, Hisar, Haryana, for Rs 20,07,87,350. The acquisition is intended to support the company`s expansion into infrastructure-related manufacturing activities, including the production of transmission towers, monopoles, and other related products.

Vibhor Steel Tubes Limited approved a loan of Rs 20 crore to its wholly-owned subsidiary, Viyom Steel Infra Private Limited, according to a regulatory filing with the Bombay Stock Exchange and National Stock Exchange on Tuesday, August 25, 2026. The loan will be used for working capital requirements and to purchase land for a commercial manufacturing facility for infrastructure-related products, with an interest rate of 9.5% repayable on demand within a maximum period of 10 years.

Vibhor Steel Tubes announced that the 23th Annual General Meeting(AGM) of the company will be held on 16 September 2026.

Net profit of Vibhor Steel Tubes declined 38.54% to Rs 1.93 crore in the quarter ended June 2026 as against Rs 3.14 crore during the previous quarter ended June 2025. Sales rose 27.16% to Rs 293.69 crore in the quarter ended June 2026 as against Rs 230.96 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales293.69230.96 27 OPM %4.114.40 - PBDT8.446.58 28 PBT2.624.18 -37 NP1.933.14 -39 Powered by Capital Market - Live News