Issue of Securities

16th September 2026 To To Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, G Block), Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 543528 Symbol: VENUSPIPES Subject: Outcome of Board Meeting Dear Sir/ Ma’am, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company, at its meeting held today i.e. on 16th September 2026, has inter alia considered and approved the following: A. Subject to approval of the shareholders of the Company and such other regulatory/governmental approvals may be required, the Board has approved the following: 1. To create, issue, offer and allot upto 22,27,544 (Twenty Two Lakh Twenty Seven Thousand Five Hundred Forty Four) Equity Shares having face value of Rs. 10/- at a price of Rs. 1670/- per Equity Share (including a premium of Rs. 1660/- per Equity Share), aggregating up to Rs. 3,71,99,98,480/- (Rupees Three Hundred Seventy One Crore Ninety Nine Lakh Ninety Eight Thousand Four Hundred Eighty Only) for cash consideration to certain identified persons/ entity (Proposed Allottee) as mentioned below by way of preferential issue in accordance with the provisions of Section 42 and Section 62(1)(c) of the Companies Act, 2013, as amended ("Act") read with Companies (Prospectus and Allotment of Securities) Rules, 2014, and Companies (Share Capital and Debentures) Rules, 2014 as amended ("Rules"), Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI (LODR) Regulations, 2015 and such other acts / rules / regulations as may be applicable and subject to necessary approval of the members of the Company and other regulatory authorities, as maybe applicable ("Preferential Issue of Equity Shares"). The information as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 with respect to the aforesaid Preferential Issue is enclosed as Annexure I. Inga Ventures Private Limited is acting as an advisor to the Company in connection with this preferential issue of equity shares of Rs. 372 crores. B. To hold an Extraordinary General Meeting ("EGM") of the members of the Company on 08th October 2026 at 03:00 P.M. (IST) through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM") to seek the approval of the shareholders of the Company inter alia in relation to the above issue of equity shares. The Board of Directors has approved the draft notice of the EGM and matters related thereto. The notice of the said EGM will be sent separately to the Stock Exchange(s) and to the Members of the Company and will also be available on the Company's website at www.venuspipes.com and on the website of the stock exchanges. The Company has fixed 01 October 2026 as the "Cut-off-Date" for the purpose of determining the eligibility of the members entitled to vote by remote e-voting. Those shareholders holding shares either in dematerialized form or in physical form, as on the close of business hours on 01 October 2026 will be entitled to avail the facility of remote e-voting as well as voting at the EGM. C. Appointment of scrutinizer for the purpose of e-voting The Board of Directors have appointed Mr. Piyush Prajapati Proprietor of M/s Piyush Prajapati & Associates, Practicing Company Secretary (Membership No. FCS: 12711; CP No: 18332), as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner for the purpose of EGM of the Company. The Board meeting was commenced at 04:30 PM and concluded at 5.56. You are requested to take the same on your record. Thanking you, Yours Faithfully, For Venus Pipes & Tubes Limited Pavan Kumar Jain (Company Secretary & Compliance Officer) Membership No.: A66752 Annexure I Disclosure pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026; Sr. No. Particulars Information 1 Type of Security Equity Shares 2 Type of Issuance Preferential allotment on a private placement basis in accordance with the provisions of the Companies Act, 2013 and the rules made thereunder and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("ICDR Regulations") and other applicable laws 3 Total number of securities 22,27,544 (Twenty Two Lakh Twenty Seven Thousand Five proposed to be issued or Hundred Forty Four) Equity Shares having face value of Rs. the total amount for which 10/- at a price of Rs. 1670/- per Equity Share (including a the securities will be issued premium of Rs. 1660/- per Equity Share), aggregating up (approximately) to Rs. 3,71,99,98,480/- (Rupees Three Hundred Seventy One Crore Ninety Nine Lakh Ninety Eight Thousand Four Hundred Eighty Only) 4 In case of preferential issue, the listed entity shall disclose the following additional details 5 Name of the Investors Refer Annexure A 6 post allotment of securities Outcome of the subscription- Refer Annexure B – outcome of the subscription, issue price / Issue Price per Equity Share is Rs. 1670/-, which is not allotted price (in case of lower than the floor price. convertibles), number of investors; Number of Investors: 18 7 in case of convertibles – Not Applicable intimation on conversion of securities or on lapse of the tenure of the instrument 8 Any cancellation or Not Applicable termination of proposal for issuance of securities including reasons thereof Annexure A Name of Investor(s) of Equity Shares Maximum Name of Proposed Maximum Consideration number of Sr. No. Allottee(s) of Equity Category Equity Shares to Shares be issued (Rs. in Crores) ASHOKA WHITEOAK ICAV - ASHOKA Non – 1. WHITEOAK Promoter/ 1,48,083 24.73 EMERGING MARKETS Public EQUITY FUND ASHOKA WHITEOAK ICAV - ASHOKA Non – 2. WHITEOAK INDIA Promoter/ 2,37,305 39.63 OPPORTUNITIES Public FUND ASHOKA INDIA Non – 3. EQUITY INVESTMENT Promoter/ 95,508 15.95 TRUST PLC Public ASHOKA WHITEOAK Non – 4. EMERGING MARKETS Promoter/ 15,389 2.57 TRUST PLC Public Non – INDIA ACORN FUND 5. Promoter/ 42,634 7.12 Public Non – 6. KITARA PIIN 2401 Promoter/ 2,99,401 50.00 Public Non – WHITEOAK CAPITAL 7. Promoter/ 17,964 3.00 EQUITY FUND Public WHITEOAK CAPITAL Non – EQUITY TRUST - 8. Promoter/ 1,19,760 20.00 WHITEOAK CAPITAL Public EQUITY FUND II WHITEOAK CAPITAL Non – INDIA 9. Promoter/ 2,51,497 42.00 OPPORTUNITIES Public FUND Non – AARYA RAKESH 10. Promoter/ 11,976 2.00 DOSHI Public WHITEOAK CAPITAL Non – 11. ELSS TAX SAVER Promoter/ 29,940 5.00 FUND Public BENGAL FINANCE Non – 12. AND INVESTMENT Promoter/ 1,79,640 30.00 PVT LTD Public Non – 13. ASHISH KACHOLIA Promoter/ 1,79,640 30.00 Public Non – 2,12,581 35.50 CARNELIAN BHARAT 14. Promoter/ AMRITKAAL FUND Public Non – 86,826 14.50 CARNELIAN BHARAT 15. Promoter/ AMRITKAAL FUND-2 Public Non – 89,820 15.00 TATA BUSINESS 16. Promoter/ CYCLE FUND Public Non – 89,820 15.00 TATA MULTICAP 17. Promoter/ FUND Public KOTAK MAHINDRA 1,19,760 20.00 Non – LIFE INSURANCE 18. Promoter/ COMPANY LTD. Public Total 22,27,544 372.00 Annexure B Pre- Preferential Issue as on September Post Issue Equity Shareholding 11, 2026 Category No. of Equity Shares % held No. of shares % held held Promoter and 1,00,29,624 48.41 1,00,29,624 43.71 Promoter group Public 1,06,86,486 51.59 1,29,14,030 56.29 Total 2,07,16,110 100.00 2,29,43,654 100.00