27-Oct-2026 15:00:33

VENUSPIPES RAISED RS 372 CR FUNDS FROM QIB @ ₹1670/SHARE

• Allotment of 22,27,544 equity shares at ₹1,670 each, including premium of ₹1,660 per share • Aggregate consideration ~₹371.99 Cr (₹3,71,99,98,480) on preferential basis • Allottees include Ashoka WhiteOak funds, Whiteoak Capital funds, Carnelian Bharat Amritkaal Fund, Tata Business Cycle Fund, Tata Multicap Fund, Kotak Mahindra Life Insurance and Ashish Kacholia • All allottees classified as non-promoter/public category Impact: Neutral (Capital infusion from institutional and marquee investors, but no use of proceeds or dilution details disclosed)

Venus Pipes & Tubes Limited

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