Venus Pipes & Tubes Limited has intimated the National Stock Exchange of India Limited and BSE Limited about an upcoming Board of Directors meeting scheduled for Wednesday, September 16, 2026.
The primary agenda of the board meeting is to consider fundraising through the issuance of Equity Shares. The company is evaluating multiple methods for this fundraising, including:
- Preferential Issue
- Private Placement
- Combination of these methods as permitted under applicable laws
The fundraising proposal is subject to obtaining necessary regulatory/statutory approvals, including approval from the company's shareholders.
The board may also consider convening an Extraordinary General Meeting (EGM) to seek shareholder approval for the fundraising proposal, as required.
In compliance with the Company's Code of Conduct for Prevention of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the company's equity shares has been closed effective September 10, 2026. The closure affects:
- All designated persons
- Their immediate relatives
- Other connected persons
The trading window will remain closed until 48 hours after the declaration of the outcome of the board meeting scheduled for September 16, 2026.
The disclosure is made pursuant to Regulation 29 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The communication was digitally signed by Pavan Kumar Jain, Company Secretary and Compliance Officer (Membership No. A66752) on September 10, 2026.