Sambhv Steel Tubes Clarifies ₹999.97 Million Fund Utilization

Sambhv Steel Tubes Ltd has issued a clarification regarding a corrigendum dated July 28, 2026, pertaining to its Notice of Extraordinary General Meeting (EGM) dated July 16, 2026. The clarification specifically addresses Point No. (vi) of Item No. 1 of the Explanatory Statement, confirming that the amounts detailed in the table for the preferential issue are in '₹ Millions'. The total proposed fund utilization amounts to ₹999.97 Million, allocated across capital expenditure for capacity expansion, incremental working capital, investment in a wholly-owned subsidiary, and general corporate purposes. The EGM notice and corrigendum remain unchanged in all other aspects. The clarification is also available on the company's website.