Board Meeting9 May 2026, 05:41 pm
Sambhv Steel: Director Appointments, Expansion Approved
AI Summary
Sambhv Steel Tubes Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved a 150,000 Metric Tons Per Annum pipe mill expansion and a 30 Megawatt power plant. Several director appointments and re-designations were approved, including Bikash Agrawal as Additional Executive Director, re-appointment of Bhavesh Khetan and Saurabh Patil as Executive Directors, and Suresh Kumar Goyal's re-designation to Chairman cum Managing Director. Shashank Goyal was appointed as Senior Management Personnel. M/S Agrawal Jain & Co was appointed as Internal Auditor and M/s. AS Rao & Co. as Cost Auditor for FY 2026-27.
Key Highlights
- Audited FY26 financial results approved by the board.
- Expansion of pipe mill by 150,000 MTPA and a new 30 MW power plant approved.
- Bikash Agrawal appointed as Additional Executive Director.
- Suresh Kumar Goyal re-designated as Chairman cum Managing Director.
- Agrawal Jain & Co appointed as Internal Auditor for FY27.