Venus Pipes & Tubes Ltd

Venus Pipes & Tubes Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. All designated persons and their immediate relatives are prohibited from trading during this period, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date for the Board of Directors' meeting to approve these financial results will be communicated separately.

Venus Pipes & Tubes Ltd has responded to stock exchange queries regarding recent price and volume movements in its scrip. The company stated that it has been promptly informing exchanges of all material events and information as per SEBI regulations. Venus Pipes & Tubes clarified that there is no undisclosed price-sensitive information or any impending announcement or corporate action that needs to be disclosed at this time. The company attributes the share volume movement to market-driven factors and asserts no connection to such price movements. They assured continued compliance with SEBI (LODR) Regulations 2015 for future disclosures.

Venus Pipes & Tubes Ltd. announced the approval of its audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.50 per equity share (5%) for FY26, subject to shareholder approval. Additionally, M/s BRM & Co. and M/s K V M & Co. were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY27. The auditor's report on the financial results has an unmodified opinion.

Venus Pipes & Tubes Ltd. announced the approval of audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.50 per equity share (5%) for FY26, subject to shareholder approval. Additionally, M/s BRM & Co. and M/s K V M & Co. were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY27. The auditor's report on the financial results had an unmodified opinion.

Venus Pipes & Tubes Ltd reported its best-ever annual performance for FY26, with revenue increasing by 21.7% to ₹1,166.8 Cr and PAT rising by 9.7% to ₹101.9 Cr. The company is expanding into spooling solutions with a ₹70 crore capex, supported by a ₹185 crore LOI from a data center customer. It has also installed a JCO machine and is investing in a 6.1 MW solar power plant to reduce energy costs.

Venus Pipes & Tubes Ltd's Board approved the audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.50 per equity share (5%) for FY26, subject to shareholder approval. Additionally, M/s BRM & Co. and M/s K V M & Co. were re-appointed as Internal Auditors and Cost Auditors, respectively, for FY27. The auditors, M/s. Maheshwari & Co., issued an unmodified opinion on the financial results.

Venus Pipes & Tubes Ltd approved audited financial results for the quarter and year ended March 31, 2026. The company reported revenue from operations of ₹3021.95 million. The board recommended a final dividend of ₹0.50 per equity share (5%) for FY26, subject to shareholder approval. They also approved the re-appointment of M/s BRM & Co. as Internal Auditors and M/s K V M & Co. as Cost Auditors for FY27. The audit report has an unmodified opinion.

Venus Pipes & Tubes Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹0.50 per equity share (5%) for FY26, subject to shareholder approval. They also approved the re-appointment of M/s BRM & Co. and M/s K V M & Co. as Internal Auditors and Cost Auditors, respectively, for FY27. The meeting concluded at 02:25 P.M. (IST).

Venus Pipes & Tubes Ltd has commenced commercial operations of its fittings facility and commissioned additional seamless pipes/tubes capacity of 4,200 MTPA, bringing the total seamless pipes/tubes capacity added under the expansion program to 6,000 MTPA. The company has also commissioned equivalent capacity of Mother Hollow Pipes as part of its backward integration. The expansion aims to enhance the company’s value-added product portfolio and strengthen its position as a comprehensive stainless steel piping solutions provider.

Venus Pipes & Tubes Ltd has announced the commencement of commercial production of 4,200 MTPA of Seamless Pipes/Tubes capacity, 6,000 MTPA of Mother Hollow Pipes capacity, and Fittings manufacturing, effective today, May 26, 2026. This expansion marks a significant increase in the company's production capabilities.