BSECompany Update11h ago · 20 Oct 2026, 02:02 pm

Press Release

Venus Pipes & Tubes Ltd · 543528

✦ AI Summary▲ PositiveExpansion

Venus Pipes & Tubes Ltd announces the commencement of pipe spooling operations ahead of schedule, marking an important milestone in the company's expansion into value-added pipe spooling solutions. The company has received a Letter of Intent (LOI) worth Rs. 185 crore from a data centre customer and expects the conversion of the LOI into orders to begin in the coming days.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: October 20, 2026 Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Symbol: VENUSPIPES ISIN- INE0JA001018 Scrip Code: 543528 Sub: Press /Media Release Dear Sir/Madam, Please find enclosed herewith a copy of the press/media release being issued by the Company for your information and record. This is for your kind information and record. Thanking You, For Venus Pipes & Tubes Limited CS Pavan Kumar Jain Company Secretary and Compliance Officer Membership No. A66752 Venus Pipes & Tubes Limited Commences Pipe Spooling Operations Ahead of Schedule Dhaneti, Gujarat - 20th October 2026 : Venus Pipes & Tubes Ltd, one of the leading stainless- steel pipes / tubes manufacturers and exporters along with fittings in India announces the commencement of operations of a part of its dedicated pipe spooling manufacturing capacity, ahead of the earlier planned timeline of December 2026. The early commissioning marks an important milestone in the Company’s expansion into value-added pipe spooling solutions. By commencing production ahead of schedule, company aims to establish manufacturing readiness in advance of anticipated customer order, enabling faster execution and dispatch once order is received. The Company has received a Letter of Intent (LOI) worth Rs. 185 crore from a data centre customer for pipe spooling solutions. Conversion of the LOI into firm orders is expected to commence in the coming days, with the balance manufacturing capacity planned to be operationalised in a phased manner over the next few months. Commenting on the same, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, “The commencement of pipe spooling operations ahead of schedule marks an important step in our expansion into value-added piping solutions. We have taken this step proactively to establish production readiness ahead of the anticipated conversion of our LOI into firm order. This will help us reduce lead times and facilitate faster execution and dispatch once orders are received. We expect the conversion of the LOI into orders to begin in the coming days and plan to operationalise the remaining capacity over the next few months. We believe this approach will strengthen our ability to respond to customer requirements and expand our participation in the growing data centre infrastructure segment.” About Venus Pipes & Tubes Ltd (https://www.venuspipes.com/; BSE: 543528; NSE: VENUSPIPES) Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless-steel pipes and tubes. The company is into manufacturing of stainless steel tubes / pipes products along with fittings. Company manufactures pipes / tubes in n two broad categories -seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless-steel LSAW pipes. The company sells products in both domestic and international markets. Venus Pipes & Tubes exports its products to more than 30 countries including UK, US, Middle East and countries in the European Union, etc. For more information, contact: Company: Venus Pipes & Tubes Ltd. Investor Relations: Strategic Growth Advisors E-mail: cs@venuspipes.com Mr. Sagar Shroff / Mr. Ayush Haria M: +91 98205 19303 / +91 98204 62966 E-mail: sagar.shroff@sgapl.net / ayush.haria@sgapl.net DISCLAIMER: Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Venus Pipes & Tubes Ltd. will not be in any way responsible for any action taken based on such statements and discussions; undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.