Venus Pipes & Tubes Ltd (VENUSPIPES) — Board Meeting | 16 September 2026 (4 announcements)

Venus Pipes & Tubes announced a board-approved preferential issue of up to 2,227,544 equity shares at ₹1,670 each, raising ₹372 crores, subject to shareholder approval. An extraordinary general meeting is scheduled for 8 October 2026 to seek this approval, with e-voting eligibility set for 1 October 2026. The filing includes investor details and regulatory compliance for the issuance.

Venus Pipes & Tubes approved a preferential issue of up to 2.23 million equity shares at ₹1,670 per share, raising ₹372 crores, subject to shareholder approval. An EGM is scheduled for 8 October 2026 to seek this approval, with a record date of 1 October 2026 for voting eligibility. The issue includes 18 investors, with major allocations to WhiteOak Capital funds and other non-promoter entities.

Venus Pipes & Tubes announced a preferential issue of up to 2.23 million equity shares at ₹1,670 per share, raising ₹372 crores, subject to shareholder approval. An Extraordinary General Meeting is scheduled for 8 October 2026 to seek this approval, with e-voting eligibility set for 1 October 2026. The issue includes 18 investors, including institutional funds, and will dilute existing shareholding. The board appointed a scrutinizer for the e-voting process.

Venus Pipes & Tubes announced an EGM on October 8, 2026 to seek shareholder approval for issuing up to 2.23 million equity shares on a preferential basis at ₹1,670 per share, raising [amount not verified]. The notice, dispatched on September 16, 2026, details voting procedures via video conference and e-voting, with quorum counted electronically. The filing emphasizes compliance with SEBI ICDR and Listing Regulations, including floor price fixation as of September 8, 2026, and authorizes the Board to modify terms without further shareholder consent.