BSECompany Update21h ago · 30 Oct 2026, 07:04 pm

Intimation

Venus Pipes & Tubes Ltd · 543528

✦ AI Summary▲ PositiveOrder Win

Venus Pipes & Tubes Ltd has received an order worth Rs. 29 crore for pipe spooling from a data centre customer, forming part of the Rs. 185 crore Letter of Intent (LOI) received earlier. The company's expansion into pipe spooling represents an opportunity to broaden its value-added product portfolio and strengthen its participation in emerging industrial segments.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
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 30, 2026 To, To, Department of Corporate Services Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Kurla Complex, Bandra (East), Mumbai – Mumbai - 400001 400051 Scrip Code: 543528 ISIN- INE0JA001018 Symbol: VENUSPIPES 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. Thanking you, Yours faithfully, For Venus Pipes & Tubes Limited CS Pavan Kumar Jain Company Secretary and Compliance Officer Membership No. A66752 Venus Pipes & Tubes Limited A Key Milestone in Pipe Spooling Business Venus Pipes & Tubes receives Rs. 29 Crore Order Against Rs. 185 Crore LOI from Data Centre Customer for Pipe Spooling solutions Dhaneti, Gujarat – 30th October 2026 : Venus Pipes & Tubes Ltd, one of the leading stainless- steel pipes / tubes manufacturers and exporters along with fittings in India announces today the receipt of order worth Rs. 29 crore for pipe spooling from a data centre customer, forming part of the Rs. 185 crore Letter of Intent (LOI) received earlier. The order follows the commencement of operations at a part of the Company’s dedicated pipe spooling manufacturing facility, which was commissioned ahead of the earlier planned timeline of December 2026. With production already underway, the Company is positioned to initiate execution and facilitate faster dispatch against the order. The balance value under the LOI is expected to be converted into firm orders in a phased manner. The Company plans to operationalise the remaining manufacturing capacity over the next few months to support the anticipated business. With increasing demand for end to end piping solutions, Company’s expansion into pipe spooling represents an opportunity to broaden its value-added product portfolio and strengthen its participation in emerging industrial segments. Commenting on the same, Arun Kothari, Managing Director, Venus Pipes & Tubes Ltd, said, “The conversion of the LOI into a firm order marks an important step in translating the identified opportunity into business. We believe this order reflects the customer’s confidence in our capabilities and the growing demand for value-added piping solutions in the data centre infrastructure segment. We are encouraged by the opportunity and expect the balance value under the LOI to be converted into orders in a phased manner. Our pipe spooling capabilities will enable us to expand our value-added product portfolio, cater to evolving customer requirements and strengthen our presence across emerging industrial segments.” 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 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.