
Subsidiary25 Jun 2026, 05:30 pm
Vibhor Steel Tubes Incorporates Wholly Owned Subsidiary
AI Summary
Vibhor Steel Tubes Limited has announced the incorporation of its wholly-owned subsidiary, Viyom Steel Infra Private Limited. The new entity, approved by the Ministry of Corporate Affairs on June 25, 2026, will specialize in manufacturing high-quality steel products for the infrastructure sector. The initial paid-up share capital subscribed by Vibhor Steel Tubes is ₹10,00,000, representing 100% shareholding and control. This move is a continuation of earlier intimations regarding the acquisition and aims to expand the company's focus within the infrastructure steel products market.
Key Highlights
- Vibhor Steel Tubes establishes a wholly-owned subsidiary, Viyom Steel Infra Private Limited.
- The subsidiary will focus on specialized steel products for the infrastructure sector.
- Vibhor Steel Tubes holds 100% shareholding and control in the new entity.
- Initial investment of ₹10,00,000 subscribed towards paid-up share capital.
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