Sambhv Steel Tubes Approves Q1 FY27 Results, 8MW Solar Plant

Sambhv Steel Tubes Limited's Board of Directors, in a meeting held on August 03, 2026, approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company also approved the Limited Review Report from its statutory auditors. A significant business update includes the approval for setting up an 8MW Captive Behind-The-Meter Solar Power Plant at its Kuthrel manufacturing units, with an estimated cost of up to ₹250 million, aimed at optimizing power costs. Additionally, Mr. Bikash Agrawal was appointed as an Additional Director, effective May 09, 2026, and consequently ceased to be Senior Management Personnel. The Board also approved convening the 9th Annual General Meeting on September 10, 2026, via video conferencing.