Board Meeting9 May 2026, 06:10 pm
Sambhv Steel Tubes: Capacity Expansion & Key Approvals
AI Summary
Sambhv Steel Tubes Ltd's board meeting on May 09, 2026, approved audited financial results for the quarter and year ended March 31, 2026. The board also approved a capacity expansion of the Pipe Mill Complex by 150,000 Metric Tons Per Annum and setting up a 30 Megawatt Power Plant at Village-Sarora, Chhattisgarh. Additionally, there were key management appointments and re-designations, including the appointment of Mr. Bikash Agrawal as an Additional Executive Director and the re-designation of Mr. Suresh Kumar Goyal as Chairman cum Managing Director.
Key Highlights
- Approved audited standalone and consolidated financial results for FY26.
- Approved expansion of Pipe Mill Complex by 150,000 Metric Tons Per Annum.
- Approved setting up of an additional 30 Megawatt Power Plant.
- Appointed Mr. Bikash Agrawal as an Additional Executive Director.
- Re-designated Mr. Suresh Kumar Goyal as Chairman cum Managing Director.