Venus Pipes & Tubes Rises 2.81% as Company Completes ₹71.4 Crore Equity Infusion via Warrant Conversion

Dhaneti, Gujarat, October 8, 2025: Venus Pipes & Tubes Limited’s share price witnessed a rise today, after the company announced that it has successfully completed its ₹71.4 crore equity infusion. As of 11:30 AM, the shares were up by 2.81%, or 36.30 points, and were trading at ₹1,326.60. Until now, the shares have traded within a range of ₹1,350 and ₹1,291.60. The traded volume stood at 1.02 lakh shares, with the company’s market cap at ₹2,644 crore. The shares have their 52-week high of ₹2,159.95 and a 52-week low of ₹1,005.30.

Venus Pipes & Tubes Limited is engaged in the manufacturing and exporting of stainless steel pipes and tubes. The company was established in 2015, and is headquartered in Dhaneti, Gujarat. The shares of the company are listed on NSE with the ticker symbol VENUSPIPES and on BSE with the code 543528.

Company Completes ₹71.4 Crore Equity Infusion via Warrant Conversion

The rise in the share price comes after the company announced that it has successfully completed its ₹71.4 crore equity infusion. The infusion was done through the conversion of the final tranche of warrants into equity shares. The conversion involved 4,20,000 warrants issued to promoter and non-promoter group entities at an issue price of ₹1,700 per share. The infusion marked the completion of the preferential issue program that was first announced by the company in February 2024. It is aimed at funding ongoing capacity expansion and enhancing the company’s operational capabilities.

Commitment To Continued Growth

Arun Kothari, Chairman and Managing Director of Venus Pipes & Tubes Ltd, commented: “We are pleased to announce the successful completion of this fund infusion, reinforcing our commitment to Venus’s continued growth and success. This investment will support our planned capex, bolster financial strength, fuel growth, and improve operational capabilities. With this momentum, we are well-equipped to capitalize on new opportunities and consistently deliver value to our stakeholders.”

REF: https://nsearchives.nseindia.com/corporate/VENUSPIPES_07102025191728_Venus_press_release71025.pdf

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