Board Meeting9 May 2026, 04:21 pm
Sambhv Steel Tubes Approves FY26 Audited Results
AI Summary
Sambhv Steel Tubes Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the expansion of the Pipe Mill Complex by adding a production capacity of 150,000 Metric Tons Per Annum and setting up an additional 30 Megawatt Power Plant at Village-Sarora, Tehsil-Tilda, Dist-Raipur, Chhattisgarh. Additionally, there were key management changes including appointments and re-designations.
Key Highlights
- Audited standalone and consolidated financial results for FY26 approved.
- Expansion of Pipe Mill Complex approved, adding 150,000 MTPA capacity.
- Appointment of Mr. Bikash Agrawal as an Additional Executive Director.
- Re-appointment of Mr. Bhavesh Khetan and Mr. Saurabh Patil as Executive Directors.
- Mr. Suresh Kumar Goyal re-designated as Chairman cum Managing Director.