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Vibhor Steel Tubes approved a Rs 20 crore loan to subsidiary Viyom Steel Infra
25-Aug-2026, 06:01
Vibhor Steel Tubes Limited approved a loan of Rs 20 crore to its wholly-owned subsidiary, Viyom Steel Infra Private Limited, according to a regulatory filing with the Bombay Stock Exchange and National Stock Exchange on Tuesday, August 25, 2026. The loan will be used for working capital requirements and to purchase land for a commercial manufacturing facility for infrastructure-related products, with an interest rate of 9.5% repayable on demand within a maximum period of 10 years.
Vibhor Steel Tubes Limited approved a loan of Rs 20 crore to its wholly-owned subsidiary, Viyom Steel Infra Private Limited, according to a regulatory filing with the Bombay Stock Exchange and National Stock Exchange on Tuesday, August 25, 2026. The loan will be used for working capital requirements and to purchase land for a commercial manufacturing facility for infrastructure-related products, with an interest rate of 9.5% repayable on demand within a maximum period of 10 years.