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.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Venus Pipes & Tubes Ltd - 543528 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
f0e8f0b2-c608-463d-a956-197eda880f17.pdf
View document text
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.