Sambhv Steel Tubes Ltd to Acquire 15% Shares in Vajra Alloys Private Limited for INR 7,51,56,927

Sambhv Steel Tubes Ltd has approved an investment of approximately INR 7,51,56,927/- in Vajra Alloys Private Limited to acquire/subscribe equity shares equivalent to 15% of shares through preferential allotment. The acquisition is expected to unlock operational efficiencies, enable deeper supply chain integration, and create cross-selling opportunities across a broader customer base. The cost of acquisition is INR 7,51,56,927/- for 18,507 Equity Shares of INR 4,061/- each, post completion of Preferential allotment.