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unitRef="INRPerShare">12.43</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">        &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
Notes to Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2025 &lt;BR&gt; 
 &lt;BR&gt; 
1.	In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, this Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2025 (“Unaudited Standalone Financial Results") of the Company has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 05, 2026 The Statutory Auditors of the Company have carried out a Limited Review for said unaudited financial results. &lt;BR&gt; 
 &lt;BR&gt; 
2.	These financial results have been prepared in accordance with Indian Accounting Standard (Ind-AS) as prescribed under section 133 of Companies Act 2013 read with rule 3 of the Companies ( Indian Accounting Standards) Rules 2015 and relevant amendment thereafter. &lt;BR&gt; 
 &lt;BR&gt; 
3.	The Company allotted 4,20,000 (Four Lakhs Twenty Thousand) Convertible Warrants ("Warrants") into Equity Shares at an issue price of Rs. 1,700/- (Rupees Seventeen Hundred only) per Warrant, amounting to Rs. 71,40,00,000/- (Rupees Seventy-One Crores Forty Lakhs only) at the Board of Directors meeting held on April 10, 2024. This allotment, made on a preferential basis to both the promoter and non-promoter categories, grants each Warrant holder the right to apply for and be allotted one equity share of Rs. 10/- (Rupees Ten only) face value per Warrant within 18 months from the date of allotment. &lt;BR&gt; 
 &lt;BR&gt; 
Out of the total Warrants allotted, 3,00,000 Equity Shares had been issued upon conversion up to the quarter ended September 30, 2025. &lt;BR&gt; 
 &lt;BR&gt; 
During the quarter ended December 31, 2025, the Company received conversion applications for the remaining 1,20,000 Warrants. Accordingly, the Company allotted 1,20,000 Equity Shares of face value Rs. 10 each at an issue price of Rs. 1,700 per share (including a premium of Rs. 1,690 per share) on October 7, 2025, to one warrant holder upon exercise of conversion rights. &lt;BR&gt; 
 &lt;BR&gt; 
Consequently, all 4,20,000 Warrants have been fully converted into Equity Shares, and no Convertible Warrants remain outstanding as of December 31, 2025. &lt;BR&gt; 
  &lt;BR&gt; 
4.	On November 21, 2025, the Government of India notified provisions of the Code on Wages,2019, the Industrial Relations Code,2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code,2020, (‘Labour Codes') which consolidate twenty-nine existing labour laws into a unified framework governing employees benefits during employment and post-employment, The Labour Codes, amongst other things introduces changes, including a uniform definition of wages and enhanced benefits relating to leave. The Company has assessed the financial implications of these changes, which have resulted in an increase in gratuity liability arising out of past service cost and an increase in leave liability aggregating to Rs. 6.45 million. Considering the impact arising out of an enactment of the new legislation is an event of a non-recurring nature, the Company has presented this incremental amount as “Impact of Labour Codes" under “Exceptional Item " in the Standalone Statement of Profit and Loss for the three months and nine months ended December 31, 2025. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate the impact, if any, on the measurement of the employee benefits liability. &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
5.	As the Company operates in a single operating segment, it did not give rise to different operating segments in accordance with Ind AS 108 - Operating Segments. &lt;BR&gt; 
 &lt;BR&gt; 
6.	The previous period numbers have been regrouped/re-cast &amp; rearranged wherever necessary to confirm the current period presentation. &lt;BR&gt; 
 &lt;BR&gt; 
7.	The above Unaudited Financial Results of the Company are available on Company's website www.venuspipes.com and also on the website of BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
   	For and on behalf of the Board of Directors of Venus Pipes &amp; Tubes Limited &lt;BR&gt; 
 &lt;BR&gt; 
 &lt;BR&gt; 
 	Mr. Arun Kothari &lt;BR&gt; 
Chairman &amp; Managing Director &lt;BR&gt; 
Gandhidham  &lt;BR&gt; 
February 5, 2026                                          								        &lt;BR&gt; 
(DIN: 00926613) &lt;BR&gt; 
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