Fundraise / allotmentFiled on BSE ·
Venus Pipes & Tubes Ltd approves preferential issue of 22.27 lakh shares worth ₹372 crore
Venus Pipes · Industrial Products
What the filing says
- Board approved issue of 22,27,544 equity shares at ₹1,670 each, totaling ₹371.99 crore on 16 Sept 2026
- Shares offered to 18 identified non-promoter investors including Ashoka Whiteoak and Carnelian Bharat funds
- Post-issue shareholding: Promoters 43.71%, Public 56.29%; EGM scheduled for 8 Oct 2026 for shareholder approval
Original filing
Announcement under Regulation 30 (LODR)-Preferential Issue
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More from Venus Pipes
- Board / shareholder meeting outcomeVenus Pipes & Tubes issues corrigendum to EGM Notice for preferential issue clarifications
- Fundraise / allotmentVenus Pipes & Tubes Limited approves preferential issue of 22.27 lakh shares
- Fundraise / allotmentVenus Pipes & Tubes approved preferential issue of 22.27 lakh shares at ₹1670 each
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
