Venus Pipes & Tubes Share Price Today

Venus Pipes shareholders vote on preferential equity share issue

Venus Pipes & Tubes held EGM on October 8, 2026. Agenda focused on preferential equity share issuance. Voting results expected to be disclosed by October 10, 2026.

Venus Pipes & Tubes schedules EGM to approve ₹372 crore preferential issue

Venus Pipes & Tubes has scheduled an EGM on October 8, 2026 to approve a preferential issue of up to 22,27,544 equity shares at ₹1,670 per share, raising up to ₹372 crore. Of the total proceeds, ₹344 crore will be used for repayment/prepayment of borrowings and ₹28 crore for general corporate purposes, both within 6 months. All 18 allottees are non-promoter/public investors, including funds managed by Ashoka WhiteOak, WhiteOak Capital, Carnelian, Tata Mutual Fund, Kitara Piin 2401, Ashish Kacholia, and Kotak Mahindra Life Insurance Company Ltd. Post-allotment, promoter stake will decline from 48.41% to 43.71%, while public holding will rise from 51.59% to 56.29%. CARE Ratings Limited has been appointed as monitoring agency to oversee utilisation of issue proceeds on a quarterly basis.

Venus Pipes & Tubes re-appoints MD and directors at AGM

Venus Pipes & Tubes approved re-appointments of directors at its AGM. Arun Kothari re-appointed as Managing Director for 5 years. Megharam Choudhary and Dhruv Patel re-appointed as Whole-Time Directors for 5 years each. Independent directors Kailash Bhandari, Shyam Agrawal, Pranay Surana, and Komal Khadaria re-appointed for second terms.

Venus Pipes & Tubes reappoints seven directors, approves ₹0.50 dividend

Venus Pipes & Tubes approved a ₹0.50 per share final dividend for FY26. Seven directors were reappointed for five-year terms ending in 2031. Promoters backed all resolutions with 99.97% of their votes. Institutions opposed Shyam Agrawal's reappointment and borrowing limit increases.

Venus Pipes & Tubes schedules 12th AGM for September 11, 2026

Venus Pipes & Tubes holds its 12th AGM on September 11, 2026, via video conference. Record date for voting and final dividend eligibility is set for September 4, 2026. Remote e-voting window runs from September 7 to September 10, 2026. Annual Report for FY26 is dispatched electronically with web links for non-email holders.

Venus Pipes & Tubes files FY26 sustainability report with BSE and NSE

Venus Pipes & Tubes filed its FY26 BRSR, reporting exports at 34.28% of turnover. Energy consumption rose to 213,011 GJ with renewable share increasing to 7,639 GJ. GHG emissions (Scope 1+2) totalled 22,148.36 metric tons CO2e, up from 16,526 tons. LTIFR improved to 0.66 for employees and 1.18 for workers, with zero fatalities. Zero liquid discharge maintained; water withdrawal increased to 67,709.53 kiloliters.