
Board Meeting3 Aug 2026, 07:40 pm
Sambhv Steel Tubes Declares Q1 FY27 Unaudited Financial Results
AI Summary
Sambhv Steel Tubes Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results, along with the Limited Review Report from the statutory auditors. Additionally, the company approved the establishment of an 8MW captive solar power plant at its Kuthrel manufacturing units with an estimated cost of up to ₹250 million. The Board also approved the convening of the 9th Annual General Meeting on September 10, 2026. Mr. Bikash Agrawal's appointment as an Additional Director, effective May 09, 2026, was also noted, with his cessation as Senior Management Personnel being consequential to this appointment.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Board approved the Limited Review Report from statutory auditors.
- Approval for an 8MW captive solar power plant project costing up to ₹250 million.
- 9th Annual General Meeting scheduled for September 10, 2026.
- Mr. Bikash Agrawal appointed as Additional Director.
Price Impact
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