Sambhv Steel Tubes Approves Q2 FY27 Financial Results & New Plant

Sambhv Steel Tubes Limited's Board of Directors has approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The company also approved the 'Limited Review Reports' from its statutory auditors. Additionally, the Board greenlit the establishment of a new Greenfield manufacturing facility for Stainless Steel Seamless Pipes and Tubes in Chhattisgarh through its wholly-owned subsidiary, Sambhv Tubes Limited. This project will have an initial capacity of 14,400 MTPA with an estimated investment of ₹1,480.00 million, funded by a mix of debt and internal accruals, and is expected to be completed by March 2028. The meeting was held on October 29, 2026.